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Great Canadian Gaming reports revenue growth

Niji Narayan

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Great Canadian Gaming reports revenue growth
Image source: Baystreet.ca
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Great Canadian Gaming, the Toronto-based gaming company, has reported a rise in revenue in the third quarter of 2018.

The revenues rose to $343.2m and adjusted EBITDA increased to $140.6m in the third quarter, which represents 115 and 124 per cent, respectively, year on year.

The company has recently announced the gaming expansion at Casino Woodbine on its second level, with the introduction of 50 table games and over 300 slot machines. Subsequent to the third quarter of 2018, Casino Woodbine added further gaming capacity on its third level, bringing the total gaming capacity to approximately 3,700 slot machines and 100 table games.

“2018 continues to be an exceptional year for Great Canadian,” said Rod Baker, the company’s president and chief executive officer. “Our third quarter results reflected a full three months of operations from the West GTA Gaming Bundle, which is under Great Canadian’s management since May 1, 2018, and approximately one month of new revenues for Casino Woodbine generated from the introduction of table games and additional slot machines. We expect the new table games, which have been well received by the market, to help develop our customer base.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Canada

BCLC Awards Pollard Banknote 10-Year Contract Extension

George Miller

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BCLC Awards Pollard Banknote 10-Year Contract Extension
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Pollard Banknote Limited is pleased to announce a significant ten-year extension to its instant ticket games and related services contract with the British Columbia Lottery Corporation (“BCLC”). Under this agreement, which commenced on February 1, 2019, Pollard Banknote will continue to serve BCLC as a supplier of instant ticket games through December 31, 2028.

This agreement extends the successful and more than 30-year relationship between Pollard Banknote and BCLC, during which time we have provided everything from game design and instant ticket production to marketing support and strategic planning services. Over the course of this partnership, Pollard Banknote has helped the lottery achieve steady sales growth, including a 33% increase in instant sales over the past five years, which well exceeds the Canadian average of 20% over the same period.

BCLC is recognized for its innovative and progressive approach to instant ticket products, launching tickets featuring many of Pollard Banknote’s industry-leading innovations, including Scratch FX®, Jumbo Pop n’ Play™, PlayBook® Mini, pouched games, and various specialty inks. BCLC’s adoption of novel game concepts is well suited to their commitment to strengthen their core games and expand their product offerings to meet the expectations of their growing customer base. For example, the Lottery and Pollard Banknote are currently collaborating on a dynamic new Crossword ticket that will feature an integrated digital game play component to extend player excitement.

“BCLC is a long-valued customer and we are exceptionally proud of the strong partnership we have cultivated. We work hard to help BCLC delight its players with eye-catching and innovative products, and we are happy to see the results of these efforts pay off with consistent sales growth.” said Doug Pollard, Co-Chief Executive Officer, Pollard Banknote. “This contract extension demonstrates the productive nature of our collaborative relationship, and we are excited for the opportunity to continue to work with BCLC for many more years to come.”

 

About Pollard Banknote:

Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high quality instant ticket products, licensed games, Schafer Systems retail merchandising solutions, and a full suite of digital offerings, ranging from game apps to comprehensive player engagement and iLottery solutions, including strategic marketing and management services. The company is a proven innovator and has decades of experience helping lotteries to maximize player engagement, sales, and proceeds for good causes. Pollard Banknote also provides pull-tab tickets, bingo paper, and its Diamond Game and Oasis-branded electronic ticket machines to charitable and other gaming markets in North America. Established in 1907, Pollard Banknote is owned approximately 67.5% by the Pollard family and 32.5% by public shareholders, and is publicly traded on the TSX (PBL). For more information, please visit our website at www.pollardbanknote.comhttp://www.pollardbanknote.com/.

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Canada

IGT Provides INTELLIGEN™ VLT Central Management System to Loto-Québec with Three-Year Extension

George Miller

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IGT Provides INTELLIGEN™ VLT Central Management System to Loto-Québec with Three-Year Extension
Reading Time: 2 minutes

 

International Game Technology PLC, announced that its subsidiary, IGT Canada Solutions ULC, has signed a three-year extension to continue providing its INTELLIGEN™ video lottery central system to Loto-Québec. The contract extension runs through September 2, 2021.

“Our INTELLIGEN solution is used by Loto-Québec to monitor nearly 10,000 VLTs in the province, all of which are provided by IGT,” said Jay Gendron, IGT Chief Operating Officer, Lottery. “The INTELLIGEN central management system ensures the Lottery has full control of the complexity, security, integrity, and advanced reporting of their VLT network to optimize operations and drive growth for their business.”

INTELLIGEN is built on more than 20 years of proven central system experience, and offers stable, secure and command control capabilities uniquely tailored to VLT gaming environments. It operates with a wide range of VLTs using multiple protocols, including the Game to System® (G2S®) open standard protocol, and has advanced communication abilities.

Under the terms of the agreement, IGT will provide hotline services for the INTELLIGEN central system, advanced business intelligence, distributed game management, and proactive diagnostic modules. In addition, IGT also provides Loto-Québec with lottery instant ticket vending machines, VLTs, casino slots, interactive games, and Canadian Bingo and Poker Network.

 

About IGT:
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 Digital 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.

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Canada

Win Systems Installs Its Casino Management System “Wigos” For The First Time In Canada

George Miller

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Win Systems Installs Its Casino Management System “Wigos” For The First Time In Canada
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Win Systems the leading technology supplier for the gaming and entertainment industry, has announced the installation of its renowned Casino Management System Wigos for the first time in Canada. In addition, the first Wigos installation in the country has taken place in one of the best Canadian Venues: the Magic Palace Casino in Kahnawake (Montreal).

With this installation, Win Systems continues its unstoppable growth. By the end of 2018, Wigos had reached 300 casinos. With this installation the number already increases to 310 casinos, connecting more than 85,000 machines in 20 different countries around the world.

The Magic Palace Casino is located in Kahnawake in the indigenous Reservation of the Mohawks and is considered one of the best casinos in Canada thanks to its firm commitment to the best gaming experience, combining the best service to their players with the most cutting-edge machines and games in the sector.

Eric BenchimolCEO of Win Systemscommented: “It’s a pride and honor for us that a casino of the prestige of the Magic Palace has decided to bet on our CMS Wigos, especially when it’s the first installation in Canada. North America is one of the most growing markets and one of our strategic priorities, and we are fully convinced that an installation such as the Magic Palace Casino will allow us to take a significant step forward in our expansion plans. Once again, I want to thank to all of the technical team of both –Win Systems and the casino- for their excellent work during the installation which was developed in an exemplary way. “

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