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International Game Technology PLC to Host Second Quarter 2018 Results Conference Call on Tuesday, July 31, 2018

George Miller

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International Game Technology PLC to Host Second Quarter 2018 Results Conference Call on Tuesday, July 31, 2018
Reading Time: 2 minutes

LONDON, July, 2018 — International Game Technology PLC (“IGT”) (NYSE:IGT) will host a conference call and live webcast to discuss second quarter 2018 results for the period ended June 30, 2018 on Tuesday, July 31, 2018.

Conference call:
Tuesday, July 31, 2018
8:00 a.m. EDT

US/Canada Toll-Free Dial-In Number: +1 844 842 7999
Dial-In Number (Outside US/Canada): +1 612 979 9887
Conference ID (passcode): 3642779

Webcast:
A live webcast may be accessed along with accompanying slides under “News, Events & Presentations” in the Investor Relations section of IGT’s website at www.IGT.com. A replay of the webcast will be available on the website following the live event.

Telephone replay:
A telephone replay of the call will be available for one week:

US/Canada Toll-Free Dial-In Number: +1 855 859 2056
Dial-In Number (Outside US/Canada): +1 404 537 3406
Conference ID (passcode): 3642779

 

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 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.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall,” “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company’s annual report on Form 20-F for the financial year ended December 31, 2017 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in its entirety by this cautionary statement.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Boyd Gaming Completes Acquisition Of Four Pinnacle Entertainment Assets

George Miller

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Boyd Gaming Completes Acquisition Of Four Pinnacle Entertainment Assets
Reading Time: 2 minutes

 

Boyd Gaming Corporation (NYSE: BYD) today announced that it has completed its acquisition of the operations of four properties from Pinnacle Entertainment, Inc.: Ameristar St. Charles (Missouri); Ameristar Kansas City (Missouri); Belterra Casino Resort in Florence, Indiana; and Belterra Park in Cincinnati, Ohio.

As part of the transaction, Boyd Gaming has entered into a master lease agreement with Gaming and Leisure Properties, Inc. (NASDAQ: GLPI), which owns the real estate of Ameristar St. Charles, Ameristar Kansas City and Belterra Casino Resort. Boyd Gaming acquired both the operations and real estate of Belterra Park, utilizing financing from GLPI for the purchase of the Belterra Park real estate assets.

The acquisition follows the Company’s recent purchase of Valley Forge Casino Resort in King of Prussia, Pennsylvania, on September 17.  Boyd Gaming now operates 29 casino properties in 10 states – Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio and Pennsylvania.

“By adding these four high-quality properties, we have significantly expanded our portfolio and enhanced our free cash flow profile at a compelling multiple,” said Keith Smith, President and Chief Executive Officer of Boyd Gaming.  “We have gained a strong presence in three of the Midwest’s largest gaming markets, with access to millions of potential new customers.  We are pleased to welcome the Ameristar and Belterra team members to Boyd Gaming, and look forward to great success together.”

 

About Boyd Gaming:
Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 29 gaming entertainment properties in 10 states.  The Company currently operates 1.76 million square feet of casino space, approximately 38,000 gaming machines, 900 table games, more than 11,000 hotel rooms, and 320 food and beverage outlets.  With one of the most experienced leadership teams in the casino industry, Boyd Gaming prides itself on offering its guests an outstanding entertainment experience, delivered with unwavering attention to customer service.

Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements contain words such as “may,” “will,” “might,” “expect,” “believe,” “anticipate,” “could,” “would,” “estimate,” “continue,” “pursue,” or the negative thereof or comparable terminology, and include (without limitation) statements regarding Boyd Gaming’s significant expansion of its portfolio and its enhanced free cash flow profile at a compelling multiple. These forward-looking statements are based upon the current beliefs and expectations of management and involve certain risks and uncertainties, including (without limitation) risks associated with changes to the financial conditions or the economic conditions in the areas in which Boyd Gaming operates; the fact that Boyd Gaming’s expansion projects are subject to many risks inherent in expansion, development or construction of a new or existing project; competition; litigation; financial community and rating agency perceptions of Boyd Gaming and its subsidiaries; changes in laws and regulations, including increased taxes; the availability and price of energy, weather, regulation, economic, credit and capital market conditions; and the effects of war, terrorist or similar activity. Additional factors are discussed in “Risk Factors” in Boyd Gaming’s annual, periodic and current reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements in this press release are made as of the date hereof, based on information available to Boyd Gaming as of the date hereof, and Boyd Gaming assumes no obligation to update any forward-looking statement.

 

Source: Boyd Gaming Corporation

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Industry News

Worldpay extends real-time payouts to over 50 countries

George Miller

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Worldpay extends real-time payouts to over 50 countries
Image Source: videoblocks.com
Reading Time: 2 minutes

 

New disbursement solutions and wider global reach enhance customer experience in increasingly prevalent sharing economy

 

Worldpay, Inc., a global leader in payments, has announced the launch of new dynamic payout solutions that give multi-national eCommerce businesses more choices to disburse funds to partners and customers – quickly, easily and across country borders.

Worldpay‘s dynamic payout solutions combine the enhanced Worldpay Bankout solution, which now delivers 154 direct bank disbursement destinations (up from 65), and Worldpay FastAccess – enabled by Visa Direct.

With these versatile payout options, partners and customers need no longer wait for days to receive funds or refunds as they now can obtain them via card in near real-time – through mobile wallet or directly to a local bank account.

Bankout is an ideal solution for businesses needing to make a large number of global payments to – or on behalf of – their customers and suppliers. With 89 new local markets, Worldpay now provides seamless cross-border payouts for businesses in local currencies without the expense of making multiple international bank transfers.

Dynamic payouts allow businesses to make faster, seamless card-based payouts in near-real time within a maximum of 30 minutes. Building on its launch in the United States last year, FastAccess is now available to Worldpay customers in over 50 new markets across Europe and Asia.

A wide-range of industries benefit from these new flexible payout solutions. For example, travel and tourism companies and marketplaces can pay out funds to accommodation vendors or disbursements to travellers in a variety of countries and currencies; gaming businesses can provide near-instant payouts to customers; insurance companies can save costs by replacing local checks with bank transfers; and marketplaces can allow independent sellers to retrieve funds more quickly.

Shane Happach, executive vice president, Head of Global Enterprise eCommerce at Worldpay, Inc., said: “As more and more companies send payments at lower values, cross-border, it will become a competitive differentiator to send quicker payouts to consumers and inexpensive disbursements to vendors and suppliers. It is estimated that by 2025, the sharing economy will generate Europe-wide revenues worth over €80bn and facilitate nearly €570bn of transactions[4]. At the heart are seamless, transparent, secure payouts, which can be made via card, mobile wallet or bank transfer in any currency, anywhere in the world.”

 

About Worldpay:
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments technology company with unique capability to power global integrated omni-commerce. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider.

Worldpay processes over 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies. The company’s growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.

Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K. Worldpay, Inc. trades on the New York Stock Exchange as “WP” and the London Stock Exchange as “WPY.” Visit us at https://www.worldpay.com/global/

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Africa

R. Franco’s IRIS platform is “perfect match” for digital development in Africa

George Miller

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R. Franco's IRIS platform is "perfect match" for digital development in Africa
Mario Benito, Head of Sales at R. Franco Digital
Reading Time: 2 minutes

 

R. Franco Digital, the leading provider of global gaming solutions for online and retail operations, has heralded the first edition of ICE Africa (Sandton Convention Centre on 24-25 October 2018) as a “huge opportunity” for the company as it prepares to expand its online betting platform, IRIS, across the continent.  The Spanish-based company’s decision to exhibit its omnichannel platform, land-based terminals and extensive library of video-poker, reel, AWP, video-bingo, roulette, casino and mini-games at the upcoming ICE Africa brings the number of exhibitors to 91, strengthening the event’s growing reputation with all those interested in developing the African gaming industry in a strategic and sustainable manner.

Discussing their decision to back the inaugural edition of ICE Africa, Mario Benito, Head of Sales at R. Franco Digital, said: “Africa is a huge opportunity for us, providers of technological solutions with extensive experience in emerging markets helping operators who wish to turn their land-based operations into online or mixed operations.  We can contribute to the successful development of these operations, just as we have already done in countries like Spain and Colombia, tailoring technological developments to the requirements of each jurisdiction.”

He continued: “ICE Africa is an opportunity to better understand the African market and to be able to show our products and services to potential partners interested in implementing solutions hand-in-hand with an experienced company such as ours.  We believe in direct relationships and we want acquire on-the-spot knowledge of all the relevant players in the African continent.”

ICE Africa will see R. Franco Digital showcasing its IRIS platform, which the company believes will be an essential component of any online betting or gaming operation in the region.  Benito explained: “We believe that IRIS can be the perfect match to promote the development of different types of businesses in Africa, either via online gaming web pages, casinos, sports betting, arcades or betting terminals.  It combines in one sole platform all an operator needs, because it is designed to consolidate monetary activities and to allow the business to run and grow.  As it is modular and scalable, it can be tailored to small, medium-sized or large operations and may be used to manage online, land-based or mixed operations.”

R. Franco Digital will also be exhibiting its catalogue of games, alongside the IRIS Power Vault service and the RF OnMix touch-screen multi-game terminal, to the entire African market as part of both the country and the company’s ongoing expansion.  “In general, the whole African market will expand online operations, although we are attending this show focusing particularly on South Africa, Kenya, Nigeria and Ethiopia,” Benito continued.  “ICE Africa will help us roll our products out and establish relationships with relevant actors interested in meeting a sound partner with more than 50 years’ experience in gaming.  We put all our resources, human and financial, at the service of our future partners to jointly enjoy the success we already have in the gaming and leisure market.”

He concluded: “We are sure that Africa is one of the world regions where the gaming industry will grow the most in the next few years.  It seems a wise decision that Clarion bet on Africa and we look forward to ongoing business ventures at ICE Africa and then again in London in February.”

To register for the first ICE Africa and the learning, training and networking opportunities it offers, visit: www.iceafrica.za.com

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