Acquires Assets From Leap Forward Gaming, Inc.
LONDON, U.K. (November 8, 2016) --
International Game Technology PLC ("IGT") (NYSE:IGT) announced that it has
acquired certain assets including several patents and other intellectual
property from Leap Forward Gaming, Inc. ("LFG") relating to LFG's
SaffariNet® Patron Display Interface® (PDI) picture-in-picture
multimedia ecosystem technology. IGT also agreed to dismiss its litigation with
IGT is the global leader in gaming.
We enable players to experience their favorite games across all channels and
regulated segments, from Gaming Machines and Lotteries to Interactive and
Social Gaming. Leveraging a wealth of premium content, substantial investment
in innovation, in-depth customer intelligence, operational expertise and
leading-edge technology, our gaming solutions anticipate the demands of
consumers wherever they decide to play. We have a well-established local
presence and relationships.
"This acquisition builds upon
IGT's industry-leading intellectual property portfolio by enabling us to
broaden the scope of our casino management systems solutions," said Victor
Duarte, IGT Global Chief Product Officer, Gaming.
"The acquired system-agnostic
assets include applications and technologies that are complementary to IGT's
existing solutions, and may help us to enhance our offerings to customers over
SaffariNet Patron Display Interface
picture-in-picture multimedia ecosystem technology works with gaming machines
and systems to enhance casino operator communications and marketing
capabilities to patrons. Thin Client Gaming (TCG) and SmartFloor®
technology plus a host of additional gaming apps are also included in the
Leap Forward founder and CEO Ali
Saffari will serve as a consultant to IGT to ensure a seamless integration of
the solutions and applications related to the acquisition.
IGT (NYSE:IGT) is the global leader
in gaming. We enable players to experience their favorite games across all
channels and regulated segments, from Gaming Machines and Lotteries to
Interactive and Social Gaming. Leveraging a wealth of premium content,
substantial investment in innovation, in-depth customer intelligence,
operational expertise and leading-edge technology, our gaming solutions
anticipate the demands of consumers wherever they decide to play.
We have a well-established local
presence and relationships with governments and regulators in more than 100
countries around the world, and create value by adhering to the highest
standards of service, integrity, and responsibility. IGT has over 12,000
employees. For more information, please visit www.IGT.com.
Robert K. Vincent, Corporate
Communications, toll free in U.S./Canada (844) IGT-7452; outside U.S./Canada
James Hurley, Investor Relations,
Pennsylvania Lottery Mobile App Now Checks All
MIDDLETOWN, Pennsylvania (November
3, 2016) -- Players asked for it, and now the Pennsylvania Lotterys
official mobile app can scan both instant and draw game tickets to check for
When we introduced a ticket
checker for instant games in March, players immediately asked us to expand it
to check draw game tickets, said Lottery Executive Director Drew
Svitko. Our mobile app adds excitement and fun for Pennsylvania
Lottery players who are on-the-go.
The ticket checker feature is simple
and convenient to use. Start by logging into the VIP Players Club.
On an instant ticket, players should
reveal the Scratch to Cash barcode. Then, open the ticket
checker on the mobile app and point the camera at the barcode. The app will
indicate whether the ticket has won a prize.
For a draw game ticket (such as a
PICK game, Cash 5, Match 6 Lotto, Powerball®, Mega Millions®,
Cash4Life®, or Treasure Hunt), players should open ticket checker and point
the camera at the bar code on either lower corner of the ticket.
The app will indicate whether the
ticket has won a prize.
Players should immediately sign
their winning tickets.
To claim a prize, players must
physically present a ticket for validation by having it scanned at a Lottery
retailers sales terminal or by submitting the signed ticket with a
completed claim form to a Lottery office.
Only a properly validated winning
ticket may be used to claim a prize.
Available for free through Google
Play and the Apple App Store, the Pennsylvania Lotterys official mobile
apps other features include:
- The ability to scan eligible tickets for entry in
- Access to the VIP Players Club;
- Daily and past winning numbers;
- Current jackpots;
- The latest instant games and Scratch For
- Prizes remaining for instant games;
- Play for Fun games;
- A retailer locator; and
- Information on how to claim a prize.
The mobile app has been enormously
popular with Pennsylvania Lottery players, with more than 410,000 downloads
since its launch.
After logging into the free VIP
Players Club, players may also use the apps scanning capability to enter
eligible tickets into second-chance drawings found in the Second Chance Prize
Zone. In a recent second-chance drawing, more than 65 percent of entries
were made through the mobile app.
Every effort is made to ensure the
accuracy of the winning numbers, prize payouts, winning ticket status and other
information offered via the Pennsylvania Lottery's mobile app. The official
winning numbers are those selected in the respective drawings and recorded
under the observation of an independent accounting firm. In the event of a
discrepancy, the official drawing results and prize validation systems shall
About Us: The Pennsylvania
Lottery remains the only state lottery to direct all proceeds to programs that
benefit older residents. Since ticket sales began in 1972, it has contributed
nearly $27 billion to fund property tax and rent rebates, transportation, care
services, prescription assistance, and local services including senior centers
Players must be 18 or older. Please
play responsibly. Call 1-800-GAMBLER (1-800-426-2537) for help with a
compulsive gambling problem.
Visit palottery.com for winning
numbers, rules, chances of winning, and to join the VIP Players Club for second
chances to win. Install our official mobile app, like us on Facebook and follow
us on Twitter.
SOURCE: The Pennsylvania
Menu Boards from Schafer Systems Drive Sales
OVERLAND PARK, KS (November 2016) --
A test of lighted menu boards across Missouri showed double digit growth in
Scratchers ticket sales.
Several convenience stores in
Missouri recently participated in a test of replacing standard menu boards with
lighted menu boards from Schafer Systems. Tests, conducted by Henderson
Kessinger Consulting, Inc., in 16 stores in St. Louis, Kansas City, Springfield
and Jefferson City showed a 14.4 percent overall increase in Scratchers ticket
sales using the lighted menu boards.
Results were especially large in
three regions. Test stores in the Kansas City region showed average sales
increases of 22.3 percent in test stores, compared to a 16.9 percent gain for
control stores during the test. In the Springfield region, test stores
showed a 19.4 percent gain compared to 12.4 percent for control stores.
In St. Louis, test stores gained an average of 17.3 percent against an average
sales gain of 9.7 percent among control stores during the test.
|Hy-Vee Gas #1 in Kansas City Test store increased scratch
ticket sales 89.5 percent.
Its the first thing
you see when you walk into the store, Heather McKinney, store manager
of Fast Gas #3 in St. Joseph, said as she raved about the lighted menu
boards. People love it and it catches their attention,
James Applewhite, store manager at
Signal Food #109, in Springfield, Mo., echoed those observations and said,
I like the menu boards a lot. They draw a lot of
In addition to driving sales, many
store managers noted that the lighted menu boards speed up the lines.
It really helps to speed up
the line as customers make their decisions while waiting in line,
said Mark Wiseman, manager of Westland Travel #15 in St. Louis.
The lighted menu board captures customers we were not getting in the
past. Westland reported a 31.2 percent sales gain in Scratchers
tickets during the test.
The test was conducted over the
summer among 16 convenience and gas stores across Missouri. The reaction
among participating stores was almost universally positive, with managers
reporting increased sales, faster lines and more customer interactions.
One St. Louis manager said that
customers used to ask at least 10 times a day whether the store carried lottery
games. They have not asked once since we installed the lighted
menu board! the manager said.
Another St. Louis manager noted that
the lighted menu board gives the display a more professional look to
the front counter. A player at the store chimed in that the
menu board makes it easier to make a game selection. Another player in
Kansas City reported that the lighted board makes it easier to read the cards
in the display.
|Circle K #1639 in St. Louis. 35.4 percent increase during
The lighted menu board also serves
to speed up lines at the cash register since players can decide what games to
buy before making it to the point of purchase. That helps reduce labor
costs and build customer satisfaction by eliminating idle time in line.
SOURCE: Henderson Kessinger
NOVOMATIC Lottery Solutions partners with
WIEN, Austria (November 7, 2016) --
Gamevy Ltd and NOVOMATIC Lottery Solutions (NLS), a wholly owned subsidiary of
NOVOMATIC, Europe's leading gaming technology group, have signed a Memorandum
of Understanding (MoU) to provide innovative new instant win games to
government regulated lotteries. The service will combine NLSs
market-leading lottery platform with Gamevys unique content and flexible
development capability, to deliver authentic, customized games to lottery
NLS is delighted to be
working with Gamevy, stated NLS CEO Frank Cecchini.
Weve watched the company develop their games and their
capabilities over the last year and we like the way they think. Gamevy is
passionate and focused on making high quality games that are notably different
than anything else on the market today. The Gamevy team truly understands the
lottery player and the new challenges which lotteries face as they struggle to
stay relevant and exciting, Cecchini added.
Through their strategic partnership,
NLS and Gamevy will bring new content to lotteries, providing a range of
interactive instant win and digital scratch games. Far too often, suppliers
have only offered lottery scratch cards that are adapted from paper products
and little thought is given to the unique possibilities and challenges of the
digital medium. To date, most games suppliers have lavished their creative
efforts on casino games ignoring the broader lottery demographic and the
pursuit of a more challenging customer base.
Just as NLS believes in creating a
leap-forward change in the way lotteries are run, Gamevy also believes in
changing the games offered to players. Gamevy creates innovative instant win
products that offer real player action with skill, strategy and choices
that have an impact on the players experience and game results.
Taking cues from social gaming and
TV game shows, Gamevys products appeal to a younger demographic as well
as the broad player-base of lottery and bingo games. Designed to entertain and
engage players, these games offer life-changing jackpots and a highly
interactive style of play.
Gamevys digital scratch
instant wins are designed expressly for mobile, with different mechanics
matched to differing games, as well as playful animations and reveals that make
their products significantly more fun. Meticulous attention to detail and a
high standard of design have made Gamevy a sought-after development partner for
many major brands.NLS and Gamevys games and content ideas will be
showcased at the World Lottery Summit 2016 in Singapore in November.
NOVOMATIC Lottery Solutions (NLS) is
a full solution alternative vendor for international lottery markets delivering
games and services that can be integrated with any 3rd party solution. The NLS
system supports all sales channels simultaneously, creating a truly
omni-channel offering while at the same time increasing lottery revenues and
returns to good causes. With ISO 27001 certification, WLA Security Control
Standard Certification and numerous lottery audits, NLS solutions guarantee the
highest levels of security and reliability. NLS is part of the NOVOMATIC Group,
one of the biggest global producers and operators of gaming technologies, with
revenues of about EUR 4bn, more than 24,000 employees and activities in 80
countries. NLS was established in 2014 after the acquisition of Icelandic
lottery provider Betware and quickly became a player in the international
This London-based start-up is
inspired by TV gameshows to offer instant wins where players can push their
luck, prove their skill and have a chance of taking home a life-changing
jackpot. Their games are live across Europe and proving especially popular with
a broad demographic of players. Gamevy is licensed and regulated by the UK
Gambling Commission and the Gibraltar Commission
CONTACT: Martina Kruber, Head of
Corporate Marketing & Communications NLS, NOVOMATIC Lottery Solutions GmbH,
Mobile: +43 664 8850 79 28, E: email@example.com.
SOURCE: NOVOMATIC Lottery
Lottery Selects NeoGames to Expand iLottery Success
NeoGames won a bid to
enlarge SCMLs Game Offering, Enhance Player Experience and Ramp Up
LUXEMBOURG (November 7, 2016)
Santa Casa da Misericórdia de Lisboa has selected NeoGames to expand the
variety and the success of the Portuguese lotterys online instant game
offering. The three-year contract celebrates and extends a relationship that
has yielded significant results over the past few years.
Throughout the term of the new
agreement, NeoGames will supply the lottery with customized games from its
acclaimed portfolio, along with bespoke enhanced interactive versions of
printed ticket games popular in Portuguese retail shops.
Santa Casas decision
to launch interactive instant win games from our industry-leading content
portfolio several years ago has been a game changer for them, greatly enriching
their entertainment offering and expanding their customer base. Since the
beginning of our partnership, SCML has experienced impressive online success
with record sales year over year, said Ilan Rosen, CEO of
We will continue to work
with Santa Casas marketing team to create games that meet specific local
requirements which are of great value and were a key factor in our success as
the primary provider of iLottery games. We are extremely proud of Santa
Casas iLottery achievements and are committed to further explore and
deploy innovative products and marketing strategies especially tailored for
About Santa Casa da
Misericórdia de Lisboa
Since its creation in 1498, Santa
Casa da Misericórdia de Lisboa has provided social assistance of the
underprivileged, with a primary focus on children and the elderly. Being a
charitable organization involved in humanitarian activities, Santa Casa was
chosen by the Portuguese state to run lotteries (since 1783), sports betting
games (1961) and number games (Lotto in 1984, Euromillions in 2004) with the
purpose of raising funds to finance its social work and projects involved
making life better, particularly for the most deprived sectors of the
NeoGames, a leading iLottery
software and service provider, pioneered the global interactive scratch cards
and lottery gaming market. For more than a decade, the NeoGames iLottery
360 solution has boosted lottery success with the broadest portfolio of
market-proven games across all connected devices, a comprehensive back-office
platform, and a complete set of player operational services. NeoGames tailored
omni-channel solutions enable each lottery customer to generate maximum
revenues from its interactive offering. In August 2015, William Hill PLC (WLH
Lon), one of the worlds top betting and gaming companies, became a
major NeoGames shareholder to advance its iLottery strategy, expansion and
For further information, please
CONTACT: Tal Stein, Marketing Director, NeoGames, T: +972 73 3723039, M: +972
52 8546823, F: +972 73 3723962, E-mail: firstname.lastname@example.org, Web:
WyoLotto Makes Third Revenue Transfer to
CHEYENNE, Wyoming (November 4, 2016)
-- WyoLottoTM brings the fun and excitement of the lottery to players across
the state and throughout the region. As a part of the Lotterys goal to
give back to Wyoming, WyoLotto made a third transfer of revenue to the state on
This revenue transfer, totalling
$797,638, brings the Lotterys total revenue transfer amount to $2,832,638
since April of this year. WyoLotto looks forward to building on the success
that has made these transfers possible and will launch the Lotterys
newest game, Lucky For Life, on Dec. 4. Lucky for Life is a draw game offering
players a grand prize of $1,000 a day for life.
WyoLotto is committed to
contributing to the Wyoming communities that have supported the organization
from the start. By paying off the Lotterys start up loan early, WyoLotto
was able to make their first transfer to the state of more than $1 million
sooner than anticipated on April 5.
Jon Clontz, WyoLotto CEO said,
We attribute our success to the players, retailers, and other
supporters throughout Wyoming who have allowed us to give back revenue to
support our communities.
For years, Wyomings lottery
players spent money in neighboring states. With the launch of the Wyoming
Lottery in August 2014, and the introduction of Cowboy DrawTM in March 2015,
WyoLotto has successfully kept Wyoming dollars in Wyoming, spent at Wyoming
retailers. What began as a start-up, has become an established and growing
So far, WyoLotto players have won
more than 1.7 million times. In a state with a population of 563,626, that
means great odds for players. Those winners have taken home more than $26.4
million in prizes.
Clontz added, We are proud
to be able to share the success of the Lottery, by giving back to the state
through revenue transfers. The Lottery transfers revenue to the
Wyoming State Treasurer every financial quarter, with the amount dependent on
Per the state statute, revenue
transfers each year will be distributed by the State Treasurer to
Wyomings 99 cities and towns, and 23 counties. Should revenue transfers
exceed $6 million in a fiscal year, those funds will be directed to the Wyoming
Permanent Land Funds Common School Account.
WyoLotto is a true Wyoming brand,
born and raised in the Cowboy State. The Lottery created Wyomings own
game, Cowboy Draw, and also offers Powerball and Mega Millions - and soon,
Lucky for Life - to players at more than 450 retailers throughout Wyoming.
The Wyoming Lottery Corp. is a
corporate business entity established by House Bill 77 in the 2013 legislative
session and signed into law by Governor Matt Mead. The corporation operates as
a private business and does not employ state employees or use state tax money.
State law requires the first $6 million of Lottery revenue to be distributed to
cities, towns and counties based on Wyoming's sales tax formula. Any additional
earnings will be deposited into the state's Permanent Land Fund's Common School
SOURCE: The Wyoming Lottery
Svenska Spel Report Continued Growth in Mobile
SWEDEN (October 26, 2016)
Svenska Spel strengthens the digital customer experience and have a good growth
in mobile, which increased 55 per cent. Keno and Euro Jackpot continues to
Net gaming revenues for the third
quarter amounted to 2153 million, which was 32 million or just over 1.5 percent
lower than the same period last year.
Net gaming revenues for the first
three quarters amounted to 6 546 million, which was 11 million, or 0.2 percent
more than the same period last year. The result amounted to 1200 million for
the third quarter which is 19 million or 1.6 percent lower than the same period
Sales via mobile increased by 55
percent during the quarter compared with the same period last year. At the end
of the quarter was another new record with 161,000 unique customers during a
single week played via mobile phones.
We increased net gaming
revenues for the first three quarters compared to the previous year. Football
Championship and an expanded gaming in sports was appreciated by customers and
contributed to good sales in the third quarter. During the quarter, we also saw
a positive development, especially for Keno and Eurojackpot, says
Swedish Spel CEO Lennart Käll.
With just over six months
to the games presented investigation is Swedish Games in a strong position. To
further enhance the gaming experience, we focus on innovation and has sought
permission for a number of new game types such as e-sports and fantasy
sports, concludes Lennart Käll.
July-September in brief
- Net gaming revenue for the Group amounted to SEK 2
153 M (2 185), a decrease of 1.5%.
- Operating income for the Group amounted to SEK 1
205 M (1 218), a decrease of 1.0%.
- Profit for the Group amounted to SEK 1 200 M (1
219), a decrease of 1.6%.
- The operating margin was 23.4% (24.1).
- Customer Satisfaction Index was 69, and is an
increase of three percentage points compared with the previous quarter.
- Swedish Spel image value was 54% which is in line
with the previous quarter.
- Spelkoll index was 83, and is basically unchanged
from the previous quarter.
Events during the quarter
- Sales via mobile phones increased by 55 percent
during the quarter compared with the same period last year.
- The company has applied for authorization of a
number of new forms of gambling, such as e-sports and fantasy sports.
- A new cooperation agreement was signed with the
Swedish Floorball Federation. The agreement runs for three years at a value of
just over 6.5 million.
- Kind celebrates 30 years.
- Net gaming revenue for the Group amounted to SEK
6,546 million (6,535), an increase of 0.2%.
- Operating income for the Group amounted to SEK
3,555 million (3,546), an increase of 0.2%.
- Profit for the Group amounted to 3565 MSEK (3557),
an increase of 0.2%.
- The operating margin was 22.5% (23.1).
- A new mobile app with notifieringstjänst has
been launched to strengthen the digital customer experience.
- A new gaming ratios, Spelkoll index has been
launched as part of the company's new power measurement.
- A new cooperation agreement was signed with the
Swedish Bandy Association. The agreement runs for three years at a value of
just over 16 million.
Interim Report January - September
can be found here.
For more information Contact:
Elisabeth Lennhede, Press Officer, T: 070-087 47 49.
SOURCE: Svenska Spel.
Lucky for Life $1,000 a Day for Life Prize Won in North
Dad Gives Daughter the
Gift of a Lifetime
RALEIGH, North Carolina (November 3,
2016) -- Manalle Earnhardt of Salisbury will get $1,000 A Day for the rest of
her life thanks to her dad, who gave her a ticket that won the top prize in the
new Lucky For Life game.
The ticket made Earnhardt the first
person in North Carolina to win the games top prize. It beat the odds of
1 in 30.8 million in the Thursday, Oct. 20 drawing to win $1,000 A Day For
Earnhardt said her dad buys lottery
tickets for her and her brother on a regular basis, but she never expected to
He likes to play,
Earnhardt said. He wants to see us enjoy playing as well. This is so
Her dad owns The Crossroads on
Bringle Ferry Road in Salisbury, but stopped by the Fast Stop on Andrews Street
to get the $2 ticket.
Earnhardt found out she had a
winning ticket when her dad called her the next morning.
At first I thought
something bad had happened, Earnhardt said. When youre
dead asleep, thats the first thing you think.
But then her dad told her to check
You look at those numbers
and youre not sure if youre looking at them right,
Earnhardt said. You think, How can this be?
After learning she won, Earnhardt
called her husband and then went to work at the VA Medical Center in Salisbury
where shes spent the last ten years as a nurse in the emergency room.
It still didnt seem
real at that point, Earnhardt said.
It started to when she claimed her
prize on Wednesday. Earnhardt had the option of taking a lump sum of $5.75
million or the annuity prize of $365,000 a year. She chose the annuity, and
received her first annual payment. After federal and state tax withholdings the
win amounted to $252,763.
The prize is guaranteed for at least
20 years to the winners estate or heirs. That means Earnhardt, who just
turned 39, will receive at least $7.28 million. The annuity payments will
continue for the rest of her life, which means she could receive $10.9 million
over thirty years or $14.6 million over forty years.
Even though she won the prize of a
lifetime, she plans to work until retirement.
I love what I do,
Earnhardt said. I didnt serve in the service, so this is my way
of giving back to the veterans.
Earnhardt First Lucky for Life $1,000 a Day Winner in North
While she plans to keep working, she
said winning the top Lucky For Life prize is a big stress reliever.
I dont have to worry
about retirement now, Earnhardt said. I dont have to
worry about college for my two boys, or all of these other things. Its
nice to know its taken care of.
While all of these things are long
term, Earnhardt plans to get a pool in the near future.
Jamil Isbanioly, Earnhardts
dad, couldnt be happier about the win.
Im so excited for
her, Isbanioly said. This is the best thing to give to my
kids and make them happy.
To win the top Lucky For Life prize,
the ticket matched all six numbers drawn. Players have 10 ways to win a prize
playing the game. In the nine months since tickets went on sale in North
Carolina, nine players have won the games second prize of $25,000 A Year
In all, 21 lotteries offer the Lucky
For Life game. Drawings are held every Monday and Thursday night.
Ticket sales from games like Lucky
For Life made it possible for the lottery to raise more than $634 million for
the state last year. For details on how that money is benefiting all of the
counties in North Carolina click on the For Education section of
the lotterys website.
CONTACT: Kathleen Jacob, T: (919)
Inspired to Commence Greek VLT Rollout with Greek Betting and
Lottery Operator OPAP
Inspired will supply 3,960
cabinets to the Greek operator in 2017
LONDON, U.K. (November 7, 2016) --
Inspired, a leading provider of Virtual Sports, Mobile Games and SBG Video
Lottery, today announces that it will soon commence rollout of its VLT cabinets
with OPAP S.A (OPAP), the Greek betting and lottery operator.
- Following the formal announcement of new VLT
regulations by the Hellenic Gaming Commission, OPAP has deemed that all
appropriate conditions are now in place to allow it to restart plans for the
operation of VLT products in Greece.
- Inspired is one of four VLT suppliers to OPAP, and
will commence rollout of 3,960 VLT cabinets across the extensive OPAP retail
network in 2017.
- OPAP holds an exclusive 10 year license to operate
in Greece, and Inspired will be one of its few suppliers.
Luke Alvarez, CEO Inspired Gaming
Group, commented: Inspired is delighted by this weeks
announcement that a fully regulated VLT operation is now in place in Greece.
This news will enable us to commence the rollout of our VLT cabinets in 2017; a
significant and exciting moment both for the landscape of the gaming market in
Greece, and for Inspired. We are proud to one of only four four suppliers to
OPAP, one of Europes most established and respected operators, and look
forward to a successful and long-term business partnership.
For more information about this
press release, please CONTACT: Elinor Fewster, Director of Communications,
Inspired Gaming Group, T: +44 20 7456 9016 | M: +44 7973808951, E:
Inspired is a global games
technology company, supplying Virtual Sports, Mobile Gaming and server-based
gaming systems with associated terminals and digital content to regulated
betting and gaming operators around the world. Inspired currently
operates more than 25,000 digital gaming terminals and supplies its Virtual
Sports products in more than 35,000 venues and on over 100 websites in 30
countries. Inspired employs over 800 employees in the UK and elsewhere,
developing and operating digital games and networks.
Additional information can be found
Association of Gaming Equipment Manufacturers Release October
LAS VEGAS, NV (November 8, 2016) --
The AGEM Index posted another increase in October 2016 after gaining 20.46
points in September 2016.
The composite index stood at 321.90
points at the close of the month, which represents an increase of 15.04 points,
or 4.9 percent, when compared to September 2016. The AGEM Index reported a
year-over-year increase for the 13th consecutive month, rising 124.68 points,
or 63.2 percent, when compared to October 2015.
During the latest period, six of the
13 global gaming equipment manufacturers reported month-to-month increases in
stock price, with three up by more than 10 percent.
Seven manufacturers reported
decreases in stock price during the month, with four reporting double-digit
The broader stock markets reported
negative results in October 2016 due partially to speculation surrounding the
upcoming national election.
The S&P 500 reported a
month-to-month decrease of 1.9 percent, falling to 2,126.15.
Additionally, the Dow Jones
Industrial Average decreased 0.9 percent to 18,142.42, while the NASDAQ
decreased 2.3 percent during the period to 5,189.14.
Price At Month End
Ainsworth Game Technology
Everi Holdings Inc.
Galaxy Gaming Inc.
Gaming Partners International
International Game Technology PLC
Scientific Games Corporation
Change in Index Value
AGEM Index Value: September 2016
AGEM Index Value: October 2016
Selected positive contributors to
the October 2016 AGEM Index included the following:
- International Gaming Technologies (IGT) contributed
12.51 points due to a 17.80 percent increase in stock price to $28.72.
- Crane Co. (CR) reported a stock price of $68.01
(+7.94 percent) and contributed 3.84 points.
- With a stock price of ¥4,145 (+6.42 percent),
Konami Corp (TYO: 9766) contributed 2.45 points to the overall index.
Selected negative contributors
included the following:
- With a stock price of AU$15.34 (-2.97 percent),
Aristocrat Technologies (ASX) contributed negative 3.32 points.
- Ainsworth Game Technology (AGI) contributed
negative 1.16 points due to a 20.89 percent decline in stock price to
A number of industry manufacturers
released financial results for the third quarter of 2016 in recent months.
Selected company highlights below suggest mostly positive results for key
players in the industry.
Scientific Games (SGMS) reported
$720 million in revenue for the third quarter of 2016. This represents a $48.4
million increase over the prior year and year-over-year growth of 7 percent.
Social gaming was a major driver as sales were up 81 percent while gaming
machine sales increased 22 percent. Table products sales were up 9.3 percent,
as well. However, gaming operations, the largest revenue generator for
Scientific Games' gaming segment, declined 5.9 percent to $182.4 million as the
installed base of gaming machines decreased year over year, which additionally
resulted in a lower mix of high-yielding games.
While Konami Corp. offers a wide
range of products and entertainment devices, gambling units have become a much
smaller portion of the company's business model. In the first half of fiscal
year 2016, pachislot and pachinko machines accounted for ¥5.3 billion or
nearly 5 percent of Konami's total revenues. One year later, this business unit
now accounts for just ¥800 million worth of revenues. With an 85 percent
drop in year-over-year sales, slots account for less than 1 percent of Konami's
¥101.4 billion in revenues.
However, Konami's gaming and systems
segment is still a large earner for the company, turning in ¥13.8 billion
in the first half of the 2017 fiscal year. Konami installed its casino
management system "SYNKROS" at the Barona Resort & Casino near San Diego
while introducing several new casino game products, such as the skill-based
game Beat Square.
In recent news, Aristocrat announced
a cross-licensing agreement with IGT covering certain game features and system
patents. The companies have since set aside all outstanding litigation
surrounding intellectual property. As part of the deal, Aristocrat can offer
games that include patented features from IGT in exchange for licensing fees.
IGT reached a similar agreement with Everi Games just a few days later.
IGT has also announced its selection
for the casino management system for the new Lucky Dragon Hotel & Casino in
Las Vegas. The new property expects to open in early December. IGT will be
installing the latest version of its casino management system, which offers
advanced marketing, player communication and floor optimization services. IGT
will also occupy the largest floor share of the new casino and feature 12 of
its new electronic table games systems.
The AGEM Index
The Association of Gaming Equipment
Manufacturers (AGEM) produces the monthly AGEM Index that comprises 14 global
gaming suppliers throughout the world. A total of 9 suppliers are based in the
United States and are listed on the NYSE, Nasdaq or OTC market, while two trade
on the Australian exchange, one supplier trades on the Athens exchange, one on
the Tokyo exchange, and another trades on the Taiwan OTC exchange.
The index is computed based on the
month-end stock price (adjusted for dividends and splits) of each company and
weighted based on approximation of market capitalization. Market
capitalizations for manufacturers trading on foreign exchanges have been
converted to US dollar-equivalents as of month-end for comparability purposes.
The AGEM Index is based on a 100-point value as of January 2005.
AGEM is an international trade
association representing manufacturers of electronic gaming devices, systems,
lotteries, and components for the gaming industry. The Association works to
further the interests of gaming equipment manufacturers throughout the world.
Through political action, tradeshow partnerships, information dissemination and
good corporate citizenship, the members of AGEM work together to create
benefits for every company within the organization. Together, AGEM and its
member organizations have assisted regulatory commissions and participated in
the legislative process to solve problems and create a positive business
The AGEM index and overview is
prepared by Applied Analysis (AA). AA is a Nevada-based advisory services firm
providing consultation services for public and private entities. The company
utilizes extensive experience in economics, information technology and finance
to provide a wide range of services, including urban economic consulting,
financial advisory services, market analysis, public policy analysis,
hospitality industry and gaming consulting, and information system and
For More Information, CONTACT:
Marcus Prater, Executive Director, T: 702.812.6932.
SOURCE: The Association of Gaming
Equipment Manufacturers (AGEM).
Gambling Commission Challenges Operators to Quicken Pace of
BIRMINGHAM, U.K. (November 8, 2016)
-- The Gambling Commission is today calling for operators to accelerate the
pace at which they are putting consumers at the heart of business decisions.
The call came from Commission chief
executive Sarah Harrison during a speech to operators at the Commissions
first Raising Standards Conference in Birmingham, where the industry was
challenged to become the most trusted gambling sector in the world.
Ms Harrison said that while
operators had been making progress in areas including the development and
implementation of harm reduction strategies and gambling management tools for
consumers, there was still more to be done.
She said: But you need to
raise your ambitions and your sights higher. You need to step up the pace
of change - in how you handle customer complaints; ensure advertising is clear;
simplify terms and conditions; develop your risk management strategies on money
laundering; evaluate the impact of social responsibility initiatives - and,
working across all these areas, in how you do more to share best practice...
dont wait for a crisis to happen that shakes the very foundation of
customers trust in your industry. Act now and demonstrate to consumers
that your interest in their needs is genuine.
Ms Harrison warned that future
failures could result in stronger penalties.
Ms Harrison said: One of the
principles in the Commissions existing statement for licensing and
regulation is a preference for pursuing compliance through means that stop
short of a licence review, in favour of a regulatory settlement. We propose to
remove this bias in favour of settlement.
We will put access to all
tools, including licence review - both of the operator and personal management
licences - on an equal footing. Put simply we will use the right tool for the
In addition, we will
propose changes to our statement on financial penalties with the likelihood of
higher penalties going forward, in particular where we see systemic and
repeated failings. Our principles on penalties already reflect the need to
remove profits from non-compliance, take account of costs and consumer harm,
and deter poor compliance but higher penalties are likely if we do not see
Read Sarah Harrisons full speech
CONTACT: UKGC press office on 0121
230 6700 or Email: email@example.com
SOURCE: Gambling Commission media
Regulator to Deliver Keynote Speech at MGS Entertainment Summit
MACAU, SAR (November 7, 2016) --
DICJ Director Paulo Martins Chan is going to talk about the future development
of Macaos gaming industry on the first day of the three-day event to be
held from November 15 to 17 at the Venetian Macao.
Director of Macao Gaming Inspection
and Co-ordination Bureau, Paulo Martins Chan, will join the MGS Entertainment
Summit 2016. The event, alongside the MGS Entertainment Show 2016, will take
place at the Venetian Macao.
The Macao gaming regulator chief
will deliver his keynote speech, titled Future Development of Macao's
Gaming Industry: Healthily and Orderly, with Integrity and Quality, on
the first day of the three-day event.
Mr. Chan indicates, in his speech,
he will be sharing the Macao Special Administrative Region Governments
continuing efforts in helping with the diversification of the gaming industry
in terms of policy-making, so that the SAR can gradually achieve its goal to be
a World Tourism and Leisure Centre.
Mr. Chan adds, Macaos gaming
industry is currently undergoing an adjustment period and the SAR government is
focusing more on how the industry can develop sustainably so that the local
economy could remain strong and stable in times of challenges.
Healthily and Orderly, with
Integrity and Quality
The Macao casino regulator chief
says only by developing healthily and orderly, as well as with integrity and
quality, Macaos gaming industry could sustain in an increasingly
challenging regional and international market.
Therefore, the DICJ will continue
its effort in pushing forward a series of measures, in order to help the
industry in enriching its offerings, as well as increasing the proportion of
the revenues brought in by the non-gaming sector in the gaming operators
overall revenues, Paulo Martins Chan adds.
Mr. Chan indicates such policies
will be carried out in accordance with the SAR governments Five-Year
Plan. The SARs master development plan for the year 2016 to 2020 sets out
comprehensive targets for the city, focusing on citizen's livelihood and
Macao's diversified economy.
In addition, the DICJ will continue
revising legislations and regulations, introducing new technological standards
so that the gaming industry could develop in a more regulated and stable
manner, adds Mr. Chan.
MGS Summit 2016
DICJ head, Paulo Martins Chan, says
this will be the first time he ever joins a large-scale gaming and
entertainment exhibition and convention held by a local institute. He says he
looks forward to meeting all the participants coming from all around the world
and getting to know more about the development of the gaming and entertainment
industry in other jurisdictions.
During the three days of November 15
to 17 at the MGS Entertainment Summit, the key question which will be tackled
by representatives from the government, the global investment community and
broad-based gaming and entertainment sector will be: how do you bring
pioneering new technologies to vibrant new markets with a fresh and visionary
Featuring more than 15 sessions, the
summit will gather together representatives from the Chinese Government, major
casino and entertainment operators in Macao, Las Vegas and around the world,
cultural and service industry experts, legal and international advisors, and
the worlds major investment houses to explore the new business landscape
and the legislation, technological innovation and financial co-operation
necessary to maximise the vast opportunities that lie ahead for the gaming and
DECLARATION: Lottery Insider
is a media partner for the MGS Entertainment Summit
SOURCE: MGS Entertainment Summit
Get a Taste of the New ICC Sydney
SYDNEY, Australia (November 4, 2016)
-- A group of 120 inquisitive exhibitors took over the new International
Convention Centre at Darling Harbour today. Comprising both large and small
exhibitors, with their exhibition contractors and their staff, along with the
AGE coordinating team, it was a chance to get a firsthand glimpse of what is
truly a world class venue for AGE 2017.
Divided into 5 groups of 24, with
each group being led by two representatives of the ICC, the visitors were
escorted into the building via the imposing main entrance stairway that leads
to a very impressive exhibition foyer and registration area.
The groups then got to see the
multi-purpose seminar rooms complete with smart lecterns, remote powered
privacy screens and flexible seating arrangements.
They also got to see the enormous
loading tunnel which will allow all four halls being used for AGE 2017, to be
But the highlight of the visit was
Hall 3 and while they saw only ½ of the massive 19,000 square
metres of floor space that AGE will be occupying in 2017, one visitor was still
impressed enough to describe the hall as Cavernous.
The whole group was then treated to
a light lunch at LAqua on Cockle Bay where Ross Ferrar the CEO of the
event organiser announced that already 80% of the floor space has been
sold for 2017.
In another milestone for the event,
Visitor Registration is already open and can be found at this link here:
The Australasian Gaming Expo is
on the 15th to the 17th August, 2017
NOTE: The Australasian Gaming Expo is a
trade exhibition, for management representatives of Gaming Industry
Organisations only including government, regulatory, research and support
bodies, clubs, hotels, casinos, resorts and similar Hospitality Industry
venues. Trade suppliers are not eligible to attend the event unless
The Gaming Technologies
Associations primary members are Ainsworth Game Technology, Aristocrat
Technologies, Aruze Gaming Australia, Scientific Games, Ebet Limited, IGT
Australia and Konami Australia.
For further information contact:
SOURCE: Gaming Technologies
Association Limited (Web: www.gamingta.com).