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The WEEK in REVIEW
Vol. 91 No.9 - Monday June 1, 2020

 

 

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Lotto NZ Celebrates Twenty-One Millionaires in Twenty-One Weeks

NEW ZEALAND (May 26, 2020) -- For twenty-one Lotto NZ players, 2020 is shaping up to be their luckiest year ever.

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So far this year, there have been 16 overnight millionaires with Lotto and Strike and five multi-millionaires with Powerball.

“That’s one millionaire for every week in 2020! We’re so thrilled for our winners,” said Marie Winfield, Head of Communications and Corporate Social Responsibility at Lotto NZ.

“Everyone dreams of winning big – and for 21 Kiwis so far this year – that dream has become a reality.

All of our winners are normal Kiwis going through an extraordinary time in their lives, and we are here to provide them with tips and advice to navigate through what can be a very surreal time for them."

“While we haven’t been able pop the champagne with our winners in our exclusive Winners’ Room over the last few months, we’ve still provided lots of support virtually, and of course, sent the champagne in the post so they can celebrate in their bubbles,” said Marie.

This year also brought the biggest Powerball jackpot in Lotto NZ history – the $50 million Must Be Won draw on 29 February. Landing on leap day, it was certainly one to remember for two North Island mothers who split the jackpot, each taking home a massive $25.1 million.

This year has certainly been a lucky one for winners so far.

“We’re looking forward to speaking to – and hopefully meeting and celebrating with many more winners throughout 2020, it’s a privilege to share such a special time with them, and we can’t wait to hear and share their unique stories,” said Marie.

SOURCE: Press Release: Lotto New Zealand

 

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International Game Technology PLC Releases Notice of 2020 Annual General Meeting and 2019 Annual Report and Accounts

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LONDON, May 25, 2020 -- International Game Technology PLC ("IGT") (NYSE: IGT) announces that it has today published its Notice of the 2020 Annual General Meeting ("AGM") and 2019 Annual Report and Accounts for the period from January 1, 2019 to December 31, 2019. IGT provided information for the AGM, which will be held at IGT's Registered Office, Marble Arch House, 66 Seymour Street, Second Floor, London, W1H 5BT, on June 25, 2020, at 3:00 p.m. British Summer Time (BST).

IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. 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 approximately 12,000 employees. For more information, please visit www.igt.com.

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The Notice of the AGM and the 2019 Annual Report and Accounts can be found in the Investor Relations section of www.IGT.com, along with IGT's 2019 Annual Report on Form 20-F. These materials can be viewed online and are also available for download in PDF format. IGT's 2019 Annual Report on Form 20-F was filed with the U.S. Securities and Exchange Commission on March 3, 2020 and is accessible at www.sec.gov.

2020 AGM and COVID-19

In light of the COVID-19 pandemic and in line with latest UK Government's measures to restrict travel and public gatherings of more than two people, the AGM will be restricted to two attendees (for example, the Chairperson and one other Director), both of whom will be shareholders for the purposes of forming a quorum, in addition to the usual supporting staff, reduced to a minimum and bound to the strictest observance of the Governmental recommended precautions. The Company advises that other shareholders must not attend the AGM in person. Any other shareholder above the number necessary to form a quorum seeking to attend the AGM will be refused entry.

The AGM will be restricted to formal business only, and resolutions will be put to a vote on a poll. All shareholders are encouraged to vote using proxy voting in accordance with the instructions printed on the proxy form. Shareholders are strongly advised to appoint the Chairperson of the meeting as proxy to ensure their vote is counted. Details on how shareholders can vote via a proxy are available in the Notice of the AGM and in the accompanying proxy form. Proxy votes should be returned by 3.00 p.m. (BST) on June 23, 2020, in line with the requirements set out in the Notice of the AGM.

As usual, the results of voting on the proposed AGM resolutions will be published after the AGM and will be available on the Company's website.

Shareholders can send any questions relating to the business of the AGM in advance of the meeting to the Company Secretary, International Game Technology Plc, Marble Arch House, 66 Seymour Street, Second Floor, London, W1H 5BT or IGT_AGM@IGT.com.  Answers will be published as soon as possible in the Investor Relations section of www.IGT.com.

Further AGM updates 

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Shareholders should be aware that arrangements for the AGM may change at short notice. The Board will keep the COVID-19 pandemic in consideration and recommend that shareholders continue to monitor the Company's website and announcements for any updates in relation to the AGM.

About IGT

IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivalled gaming experiences that engage players and drive growth. 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 approximately 12,000 employees. For more information, please visit www.IGT.com.

CONTACTS:

Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452

Francesco Luti, +39 3485475493; for Italian media inquiries

James Hurley, Investor Relations, +1 (401) 392-7190

SOURCE: International Game Technology PLC

 

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Veikkaus to Resume Weekly Value-Added Draws for Lotteries on June 1, 2020

FINLAND (May 26, 2020) -- The weekly value-added draws for Veikkaus' lotteries will normally continue on Monday, June 1, 2020.

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In that case, the draws between weeks 19-22 and the additional draws in week 23 will also be drawn.

The added value of the lotteries has been on hold since the beginning of May due to exceptional circumstances due to the corona pandemic.

The names of the draw winners will be published on teletext page 494 and at veikkaus.fi/raaputusarvat.

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The purpose of Veikkaus is to bring joy to games. We offer experiences and top games, but not at any price. We want to make sure that the joy of playing is maintained and that gaming remains harmless.

Almost all adult Finns have tried our games, and we have more than two million loyal customers. We are involved in Finnish life in many ways.

There are about 1,600 of us in Veikkaus and we work in almost a hundred locations across the country. Our games are sold in thousands of sales outlets, and our games can be played at veikkaus.fi due to the game limits.

SOURCE: Veikkaus media release.

 

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Betsoft Pens ALEA Casino Content Deal

Supplier’s full games catalogue to be made available on Slotsmillion brand

MALTA (May 26, 2020) – Industry-leading casino content developer Betsoft Gaming has partnered with global casino operator Alea in a deal which will see its innovative slots portfolio available on the flagship Slotsmillion brand.

Alea, runs the immensely successful iGaming Platform, AleaPlay, which provides over 4500 games to its operators in only one integration. Moreover, in addition to its extended list of games, it offers services to improve every aspect of gaming experience. Slotsmillion, which is their exclusive B2C brand has became the pioneer of VR gaming.

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It also has been awarded Best New Casino of 2015 (Meister Awards), Innovation of the Year in 2016 (EGR Operator Marketing & Innovation Awards), and has amassed three consecutive International Gaming Awards for Innovator Operator of 2018, Slots Operator of 2019 & Mobile Operator of 2020.

The agreement will see Betsoft’s full range of premium slot games, including latest releases Quest to the West and Back to Venus as well as hit titles Monster Pop and Take the Bank, available on Malta-licensed Alea’s top casino brand, Slotsmillion.

This is the latest in a series of high-profile commercial agreements signed by Betsoft, that have experienced rapid growth in several major regulated and newly regulating markets.

Betsoft’s content portfolio consists of more than 190 RNG titles complete with highly engaging and profitable math models proven to attract, engage, and retain players.

Annamaria Anastasi, Marketing Director, Betsoft Gaming, said: “We are delighted to be working with Alea Gaming, who operate one of the most exciting gaming brands on the market in Slotsmillion and we look forward to establishing a long-term partnership.

“We are consistently looking to grow our regulated market presence and Alea are a perfect partner for us as we look to achieve our aims as a business.”

Alex Tomic, Co-Founder at Alea, said: “We are thrilled to be able to offer Betsoft’s award-winning content to our customers. They have some of the most engaging and innovative casino content on the market, and it has proven to be really successful across a number of jurisdictions. We look forward to a long and successful partnership with them.”

SOURCE: Betsoft Gaming press release.

 

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Louisiana Upgrading Its Flagship State Lottery Game in August

Multidraw option will be temporarily suspended May 27

BATON ROUGE, LA (May 20, 2020) -- This summer the Louisiana Lottery will upgrade its flagship game Lotto to offer starting jackpots of $500,000 beginning with the drawing on Aug. 5, 2020.

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These changes that double the starting jackpot mark only the fourth time Lotto has changed in the game’s 28-year history.

There will be more to love about Lotto this summer with more frequent $1 million-plus jackpots that our loyal Lotto players enjoy,” Lottery President Rose Hudson said. “Our players have spoken, and we listened with a Louisiana game that is still just a dollar.”

To create larger starting jackpots, the redesigned game will require players to select six numbers out of 42, bumping up the overall odds of winning to 1 in 34.4 The previous matrix was six of 40 with overall odds of 1 in 30.

The match-5 and match-4 prizes will continue to be pari-mutuel, meaning the actual prize won will be determined by dividing each respective tier’s prize pool by the total number of winners for that drawing.

The match-5 prize would average $1,000 and the match-4 prize average stays the same at $50.

Because the matrix will change, the Lottery will temporarily suspend the multidraw option for Lotto to prevent future draw purchases that eclipse the new version’s sale date of August 2.

On August 2, multidraw will return to full functionality under the new game matrix.

The multidraw option allows players to purchase tickets for a select number of future drawings.

The Lotto multidraw option will be stepped down as follows:

 

Multidraw Option Last Day to Purchase (by 9:30 p.m.)
20-Draw Ticket Wednesday, May 27, 2020
10-Draw Ticket Wednesday, July 1, 2020
5-Draw Ticket Saturday, July 18, 2020
4-Draw Ticket Wednesday, July 22, 2020
3-Draw Ticket Saturday, July 25, 2020
2-Draw Ticket Wednesday, July 29, 2020

 

More information will be available on the Lottery’s website on Aug. 2 when sales for the upgraded Lotto game start. The Lottery reminds ticket purchasers to play responsibly, encouraging anyone who has a gambling problem, or friends and family of anyone with a gambling problem, to call toll-free 1-877-770-7867 for help.  Ticket purchasers must be at least 21 years of age.

SOURCE: Louisiana Lottery.

 

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Soft2Bet Opens New Locations in Lisbon and Belgrade

Market leading brand developer bolsters European presence with two new workspaces

CYPRUS (May 27, 2020) -- Casino and sportsbook operator group Soft2Bet has announced the opening of new offices in Lisbon and Belgrade as the company continues its rapid expansion.

The news sees part of Sof2Bet’s operations move from its current locations in Bulgaria, Malta and Cyprus, to the pair of new workspaces in Portugal and Serbia.

Following the celebrated launch of its new aggregation platform FEZbet, the company continues to grow its 250+ workforce with a string of key appointments and strategic deals.

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In addition to its innovative B2B offering, the operator group’s acclaimed portfolio comprises 17 bespoke casino and sportsbook brands. Soft2Bet currently holds SGA, MGA and Curaçao licences, with further certification within the EU set to follow.

Boris Chaikin, CEO of Soft2Bet, said: “Opening two new offices is a welcome move for Soft2Bet as our company continues to cater for a growing number of international fans and partners.

“With a dynamic product suite boasting highly advanced B2B and B2C offerings, we stand ready to further enlarge our ever-expanding global footprint.”

About Soft2bet

Soft2bet, and its affiliate program 7StarsPartners, is a rapidly growing and dynamic casino and sportsbook operator group offering exclusive in-house games and the best titles from the world’s top gambling providers, including jackpot slots, branded video slots, live casino, and sports betting. The company has developed and deployed over 15 successful websites with 1,000+ casino games, seamlessly integrated into its high-performing platforms. It is one of the fastest growing online casino groups in Europe, boasting 69 providers, 3000 affiliates and 100,000 active customers, with more added every month. Learn more at: https://soft2bet.com.

SOURCE: Soft2bet press release.

 

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OPAP Announce CEO Succession

ATHENS, Greece (May 21,2020) -- Following the prior announcement regarding the departure of CEO and Board of Directors member, Damian Cope, the OPAP Board of Directors announces today that as of 1st of June and until a new CEO is appointed, Chief Commercial Officer, Jan Karas will assume responsibilities of Acting CEO, with the exception of the Human Resources duties, which will be exercised by Deputy CEO, Odysseas Christoforou.

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Kamil Ziegler, Executive Chairman of the OPAP Board of Directors, will continue with executive responsibilities assigned to him. Jan Karas and Odysseas Christoforou will directly report to him.

Kamil Ziegler, Executive Chairman of OPAP, commented: “After four years as OPAP’s Chief Executive Officer and Board Director, Damian is leaving OPAP.

Personally, and on behalf of OPAP’s Board of Directors, I would like to thank him for his significant contribution to OPAP’s progress and results and wish him all the best for the future.

Jan Karas is assuming responsibilities of the CEO and I am looking forward to working with him.  Moreover, Deputy CEO, Odysseas Christoforou takes on additional responsibilities and will be reporting directly to me.

I am convinced that we will achieve our strategic goals and address the challenges arising after the COVID-19 pandemic, leveraging the opportunities to deliver value to our shareholders and stakeholders”.

The succession search of internal and external candidates for the permanent role of CEO is ongoing and OPAP is expected to issue an announcement when it has been completed.

SOURCE: OPAP S.A.

 

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Speel Verantwoord Endorses First Pan-European Online Gambling Advertising Code

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AMSTERDAM, Netherlands (May 21, 2020) -- Today, the Dutch Online Gambling Trade Organisation ‘Speel Verantwoord’ officially endorsed the first European responsible gambling advertising code. The pan-European code, which has been developed and drafted by the European Gaming and Betting Association (EGBA), establishes dedicated rules for responsible content of all gambling advertising, through all media channels, and includes dedicated measures for social media and minor protection. The code is open for signature by online gambling companies licensed in the EU/EEA and UK, other gambling associations and representation bodies of the media sector.

“Although various European gambling policies still vary a great deal at the moment, the future of online gambling regulation lies in European cooperation and harmonisation in this respect is inevitable. This code is one of the first important steps in that direction.

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It is not surprising that European organisations are joining forces especially in the field of advertising. Advertising plays a vital role in channelling consumers towards the regulated, safe and responsible gambling offer - but it should be responsible. That’s why we’re pleased to support this safer gambling initiative which will promote responsible advertising and help protect Dutch consumers and minors in particular”, says Peter-Paul de Goeij, managing director of Speel Verantwoord.

Speel Verantwoord and EGBA are fully committed to promoting safe and responsible gambling and specifically responsible advertising which ensures minors or vulnerable groups are not exposed to advertising, advertising does not lead to problem gambling, and contributes to a safe, healthy and well-regulated online gambling environment in the Netherlands.

This pan-European online advertising code is in addition to the applicable advertising laws and regulations in the Netherlands and it stands apart from the Dutch advertising code for online gambling, as it is currently being prepared. EGBA’s code can inform and reinforce this Dutch online code. Compliance with the EGBA code will be monitored by an independent third party. Speel Verantwoord calls on its affiliated gambling providers and all other gambling operators to also embrace and sign up to EGBA’s advertising code.

The full text of the European Code of Conduct is available online.

About Speel Verantwoord

Speel Verantwoord foundation is the trade organisation for and advocate of online gambling providers who bet on a safe and responsible online gambling offer in the Netherlands.

About European Gaming and Betting Association

The European Gaming and Betting Association (EGBA) is the Brussels-based trade association representing the leading online gaming and betting operators established, licensed and regulated within the EU. More information: www.egba.eu.

 

CONTACT: Peter-Paul de Goeij Director, Speel Verantwoord, tel. +31 6 2802 1067 or by email: peterpaul.degoeij@speelverantwoord.nl

SOURCE: Speel Verantwoord (www.speelverantwoord.nl).

 

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Michigan Gaming Control Board Begins to Accept Online Gaming Supplier Licensing Forms

DETROIT, Michigan (May 20, 2020) – The Michigan Gaming Control Board today began to accept online gaming supplier licensing forms.

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We’ve taken another step toward the launch of online gaming by beginning the licensing process,” said Richard S. Kalm, MGCB executive director.

The MGCB encourages suppliers to file applications soon so we can conduct investigations and issue provisional licenses, which are allowed under state law.”

The forms and related information can be found in a new website section, Internet Gaming and Fantasy Contests. Website visitors can find a link to the section in the ribbon at the top of the agency’s homepage.

The MGCB can issue provisional licenses for all suppliers other than platform providers. However, platform providers still can complete their applications and be ready for licensure when the rules are promulgated.

Other forms will be added to the website soon after the agency receives additional feedback on proposed rules shared recently with stakeholders, including the Detroit commercial casinos and the 12 federally recognized tribes that operate Class III casinos in Michigan.

We continue to make progress on rule promulgation for internet gaming and online sports betting,” Kalm said. “While we expect to launch these forms of betting by early 2021, we hope it can happen sooner.”

The MGCB provides information about the rulemaking process and expected timeline on its website.

"The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the State of Michigan."

CONTACT: Mary Kay Bean, T: 313-456-1344.

SOURCE: Michigan Gaming Control Board.

 

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EquiLottery Games, NASCAR Introduce New Lottery Draw Game

NASCAR Racing Riches Will Provide New Live Racing Lottery Gameplay

LOUISVILLE, KY (May 21, 2020) -- Pioneering lottery game developer EquiLottery Games and NASCAR today announced a multi-year agreement to develop a new officially licensed lottery draw game titled “NASCAR Racing Riches.”

NASCAR Racing Riches will provide lotteries a game based on the results of live NASCAR Cup Series races. EquiLottery Games and NASCAR will work together to implement this game through state lotteries as soon as 2021.

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"We are excited about the opportunities a relationship with NASCAR presents for lotteries,” said EquiLottery Games Founder and CEO Brad Cummings. "When released, NASCAR Racing Riches will introduce both the sport and lottery to new consumers, while engaging existing customer bases. Based on our consumer research, this game is setup to be a winner for all parties involved.”

To play, consumers will purchase NASCAR Racing Riches quick pick tickets featuring three drivers entered in that week’s NASCAR Cup Series race. Prizes range from $5 to $50,000 and the game’s overall odds of winning are 7 to 1, making the game easier to win than other draw games. The weekly game will run concurrently with the NASCAR Cup Series schedule.

"As our sports betting platform continues to mature, we are exploring even more ways to engage new and existing fans,” said Scott Warfield, Managing Director, Gaming, NASCAR. “We’re impressed with the development of this new live sports lottery category and the opportunities it affords NASCAR to ignite new passionate fans.”

Developing a series of live sports games of pure chance protected by US and Canadian patents, EquiLottery Games has agreements with some of the biggest names in sports and gaming including Major League Baseball, IGT, and Penn National Gaming with additional major professional sports licensing agreements yet to be publicly disclosed. The first offering from EquiLottery Games, a live horse racing lottery game called Win Place Show, is tentatively set to launch in August of 2020 through the Kentucky Lottery after its scheduled April launch was delayed due to the COVID-19 pandemic. This will mark the first ever daily lottery game based on the results of a live sporting event in the U.S.

SOURCE: EquiLottery Games press release.

 

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ALEA # LINKS # L2. Shared Ideas About New Paradigms of Online Consumption

CÓRDOBA, Argentina (May 22, 2020) -- Nearly 100 people followed live the second meeting of the ALEA # LINKS cycle, on Thursday, May 21, through the ALEA channel on YouTube, which allowed to know the experiences of different Argentine lotteries in the adoption and implementation of technology for the commercialization of games of chance, for your inspection and control processes. To watch the video, click here.

Héctor Rojas Decut (President of IPLyC SE de Misiones, Guazubet), Silvio Vivas (President of IAFAS, Entre Ríos), Guillermo Marti (General Manager, TecnoAcción) and Lucas Baffetti (Manager of San Luis Lottery, Slots Group, Jugadón) participated.

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After analyzing the current context, some of the conclusions were:

Online gambling, as a form of marketing the official game, whether through platforms or prepaid cards, includes the network of agencies whose role is essential. The agencies constitute the physical and official sales network. Training human resources and including them in the new dynamics and controls is a priority in that sense as well.

Geolocation: the online game allows, through the identification and validation of the user, to know the location of the origin of the bet, thus respecting the principle of territoriality.

Electronic collection: the need to incorporate electronic forms of collection was expressed, under various forms, electronic wallets, comprehensive collection systems of each jurisdiction, etc.

Protection of the bettor: through filters or parameters, the platforms allow to send warnings about the residence time, the amount of money invested, identify if the player is a minor or if they are Self-excluded (tool of the pathological gambling prevention programs ).

Parameters and alerts to prevent money laundering: assigning measures, tools and alerts, the Platforms make it possible to comply with regulations on the prevention of money laundering.

Challenge of capturing the demand for online gambling: historically the regulation was behind the market, to include the existing demand for online gambling in a legal manner, it is necessary to establish, in addition to the legal framework and its operations, work on the sales network and on communication between all sectors involved. Also, on the regulation of online gambling advertising.

Change of habits: The obligatory isolation, the suspension of raffles and the commercialization of the official game accelerated a process in which they had been working. And they generated the conditions so that, also, the public can request and, in some cases, test this electronic game modality from official platforms. It was emphasized that physical and online game players are different.

In our country, according to the ALEA Game Map, the sector generates 250,000 jobs directly and indirectly.

Continuing the path of regulation under clear policies, Argentina consolidated a state system of regulation of games of chance. On this system, the gaming offer is now expanded to a new channel that is online gaming.

The role of ALEA, as an articulator, allowing the interaction of the representatives of the 24 jurisdictions and of the main supplier companies, in the history and present of searching for solutions to face this challenge, was valued and highlighted. Always, in accordance with the principles established by the National Constitution and the legal frameworks in force in each jurisdiction.

SOURCE: ALEA.

 

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Amendments to the Broadcasting Act Provide New Tool to Stop the Marketing of Illegal Gambling

NORWAY (May 22, 2020) -- The Storting (The supreme legislature of Norway) has adopted amendments to the Broadcasting Act which will make it easier to stop marketing on TV and in ordering services of gambling games that do not have a license in Norway.

The amendments to the law will give the Norwegian Media Authority the authority to order web owners and distributors to prevent access to advertising for illegal gambling. The Lottery Authority shall cooperate with the Media Authority in its work.

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Today there is a massive amount of such advertising on Norwegian TV screens, even if it is not allowed. Now the authorities are given a more powerful tool in the work to stop the illegal advertising.

These illegal gambling companies use television advertising to make themselves visible and recruit new customers. Then they tend to customers with direct and more aggressive communication via e-mail and SMS. This is how they help normalize the most aggressive forms of gaming over the web. And it also helps to maintain and legitimize an illegal offer.

6 out of 10 Norwegians do not know or are unsure of who is allowed to offer gambling in Norway. The new population survey presented this week shows that 55,000 Norwegians have problems with gambling and that 122,000 are at risk of getting it.

Several remedies await

The survey also shows that in order to prevent gambling problems, changes in the broadcasting law will be important. Other important tools are the prohibition on transferring money to and from illegal gaming companies. A DNS alert that notifies players that they are about to play with an illegal gaming company is also on the steps.

SOURCE: Lotteri- og stiftelsestilsynet.

 

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LOTTO Bayern and Bavarian Football Association Extend Partnership Until 2022

Press Release LOTTO Bayern

MÜNCHEN, Germany (May 25, 2020) -- The basis for a quarter of a century of solidarity and cohesion has been laid. “Social interaction is crucial - and you learn that in football. Even in these difficult times, everyone sticks together, even if a joint game is currently not possible as usual due to the corona pandemic.

It is therefore all the more important to think about the future and I am delighted that LOTTO Bayern and the Bavarian Football Association are continuing to extend their cooperation agreement, ”said Finance and Homeland Minister Albert Füracker, whose department also includes LOTTO Bayern. Friederike Sturm, President of LOTTOBavaria and Rainer Koch, President of the Bavarian Football Association (BFV), have signed the corresponding contract.

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The partnership between the two cooperation partners has existed since 1997. At the end of the new agreement, which runs at least until June 30, 2022, they will therefore be able to look back on 25 years of successful cooperation.

LOTTO Bayern has expanded its commitment to the Bavarian amateur clubs with the contract extension and is receiving extensive advertising services from the BFV - as the title sponsor of the Bavarian Toto Cup competition and at the LOTTO Bayern Hallencup, which the state-owned Bavarian gaming provider from the district level to the state finals Accompanying partners.

LOTTO Bayern remains a partner of the BFV voluntary movement and its annual award ceremony. As part of the cooperation, LOTTO Bayern will continue to sponsor game announcement posters for all amateur football clubs in the Free State, which are available free of charge. In addition, nine clubs from the Free State can win a team evening for 20 people in a Bavarian casino of their choice in a joint competition. The BFV also extensively integrates LOTTO Bayern into its advertising and communication measures as well as its media platforms.

“The BFV as the largest national association of German football is indispensable for Bavaria. It assumes a high degree of social responsibility for 4,500 clubs and 1.6 million members, which is an indispensable commodity in our time. With the continuation of LOTTO Bayern's partnership, we want to help the BFV to continue its important social tasks in the coming years,” emphasized Füracker, emphasizing the importance of the cooperation.

“The BFV and LOTTO Bayern simply belong together. We promoted the reconstruction of sports facilities shortly after the end of the war, and since 1997 we have been cooperation partners in the Free State as two strong brands. LOTTO Bayern is a reliable partner of sport and will continue to be, especially amateur football is very important to us. The partnership with the BFV is therefore an indispensable part of our commitment,” said Friederike Sturm, President of LOTTO Bayern, on the occasion of the contract extension.

“We are currently experiencing a situation that presents not only society, but also the association and its clubs with great challenges. It is a great sign that LOTTO Bayern has deliberately and clearly committed itself to Bavarian amateur football at a time when there is great uncertainty and also existential fears. Cohesion in difficult times is what characterizes a loyal partner. This is anything but a matter of course. The fact that LOTTO Bayern not only extended the contract, but also significantly increased the bonuses at the same time, is a great source of encouragement and recognition for the indispensable commitment of thousands of club employees at the football base,” commented BFVPresident Rainer Koch.

SOURCE: Staatliche Lotterieverwaltung in Bayern (LOTTO Bayern) press release.

 

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Szerencsejáték Zrt Assists Its Small Business Partner Network with a Commission Increase Linked to Developments

HUNGRY (May 25, 2020) – Szerencsejáték Zrt helps its sales partners, who are in a difficult situation due to the coronavirus epidemic, with a network protection and development action plan including a bonus commission, who are asked to keep their jobs and raise the standard of services for the support, the company's CEO said to MTI.

Dr. Gábor Czepek said that the action plan provides a total of more than HUF 5 billion in additional commissions to key small and medium-sized business partners, who, in addition to retaining their 5,000 employees, can also make up for lost revenue due to the epidemic.

He underlined that the decline in customer traffic caused by the coronavirus epidemic and the decrease in sports betting supply due to backward sporting events had significant negative economic effects on the national lottery company's network of sales partners and small and medium-sized companies.

According to his information, already in the first days of the epidemic there was a decline in the sports betting market due to the pause of football events, and the personal turnover of lotteries decreased at the same time as the curfew, so their average sales fell by around 30 percent by mid-May.

He stressed that prioritizing digital sales channels could alleviate revenue loss, with many players reluctant to switch to online and sms-based services. There was little decline in lottery games as players switched to digital betting modes. More than half of sports bets come online instead of the previous 30 percent, but in the case of lottery tickets available only in person, the decline is around 40-50 percent, he listed.

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Dr. Gábor Czepek emphasized that during the epidemic, the basic task is to protect their commercial network, which represents value, but at the same time, despite the economic downturn, they do not give up their ideas of modernization and dynamisation. Therefore, taking into account the government's economic protection measures, the company has developed a network protection and development action plan for 2020-2021, to which it is expected to join between 25 May and 5 June.

The action plan became available to key partners in the SME sector selling the full range of products from Monday. The affected entrepreneurs operate a total of 2,404 points of sale and account for 65 percent of Szerencsejáték Zrt.'s sales revenue and employ about 5,000 employees, the company's manager explained.

He emphasized that Szerencsejáték Zrt. Will provide their SME partners with decreasing extra bonus commissions in three time bands by the end of the year within the framework of the action plan, thus higher commissions in the initial period will help the accelerated pace of economic recovery.

The connoisseurs undertake not to lay off any employees, and to continue selling at a higher level with detailed development elements: for example, by enabling their customers to pay by card everywhere, wireless internet access appears at all points of sale, and develop the uniform image elements of Szerencsejáték Zrt. .

Dr. Gábor Czepek underlined, they want their sales network to be able to operate at full capacity and open, and fewer partners to use the state supply system, and their economic stabilization does not require the involvement of additional resources.

The CEO also said that thanks to the action plan, their partners will not only be able to maintain their operational and tax capacity, but will also be able to make sales - boosting investments, which will result in higher sales, and the state supply system.

He recalled that last year the company's gaming revenue of HUF 541.6 billion exceeded the plan by HUF 64.2 billion, or 13.4 percent. They believe the program will result in increased sales results, faster economic recovery, and that will offset the economic downturn caused by the epidemic, and the program will allow the company to even exceed last year’s sales, he added.

SOURCE: Szerencsejáték Zrt.

 

 

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