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Gambling in the USA

Scientific Games Congratulates Pennsylvania Lottery On Record-breaking Year Of $4.2 Billion In Sales, $2.7 Billion In Prizes

Zoltan Tundik

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The Pennsylvania Lottery has one main objective: to generate money to pay for programs and services for older Pennsylvanians. (Photo courtesy of wikicommons.org)
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Seventh Straight Year of $1 Billion+ Profits to Benefit Senior Programs Driven by Scratch Off Games and Technology Investment

LAS VEGAS and ATLANTAAug. 9, 2018 /- Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) congratulates the Pennsylvania Lottery (the “Lottery”) on its record sales of $4.2 billion in fiscal year 2017-18, driven by a record $2.8 billion in instant Scratch-Off game sales, investment in technology innovation and new game entertainment products. The Lottery also awarded a record $2.7 billion in prizes to winners. More than 9,300 Pennsylvania Lottery retailers, many small and family-owned businesses, earned $224.1 million in sales commissions, up $12.7 millionfrom the previous year. Fiscal year 2017-18 marked the seventh consecutive year the Lottery generated more than $1 billion in profits for senior citizen programs in the Commonwealth of Pennsylvania.

“We are very grateful for the support of our business partner Scientific Games over the last decade, from highly successful instant games, to the technology innovation the company invested in to help us modernize with our popular mobile app and convenient new point-of-sale programs like cashless lottery payments and player self-service machines,” said Pennsylvania Lottery Executive Director Drew Svitko.

Svitko said it was important to note that the company quickly brought Keno and iLottery online/mobile games to market near the end of the fiscal year, which contributed to the Lottery’s success. The first full fiscal year of sales for new Fast Play games exceeded estimates. Along with Virtual Sports (coming summer 2018), the launch of these new products is part of the Pennsylvania Lottery’s strategic plan to offer new game entertainment that will continue to grow revenue to benefit older Pennsylvanians.

Accounting for 67 percent of sales, in fiscal year 2017-18 the Lottery’s instant Scratch-Off game revenue totaled a record $2.8 billion, up 3.6 percent from the previous fiscal year. Draw game sales totaled $1.25 billion, up 2.9 percent from the previous fiscal year. Popular new Fast Play games totaled more than $114.4 million in the first full fiscal year of sales. Keno, which went on sale May 1, generated more than $7.6 million in sales. New iLottery online interactive games, which launched May 22, were responsible for $20.8 million in play through June 30. The launch of the Pennsylvania iLottery program is considered the most commercially successful to date in the U.S.

“Scientific Games has a long history of investing in innovative games, technology and services that maximize Lottery funds to benefit older Pennsylvanians. We are proud that our partnership with the Pennsylvania Lottery has resulted in one of the highest performing lotteries in the world,” said Pat McHugh, Senior Vice President, Global Lottery Systems for Scientific Games.

As part of the iLottery launch, the Company also launched a unique affiliate program with Pennsylvania Lottery retailers to encourage players to sign up for iLottery. Games sold in stores will continue to be the foundation of its business and proceeds to benefit older adults. Since 1972, the Pennsylvania Lottery has contributed $29 billion to programs that benefit older Pennsylvanians including property tax and rent rebates, transportation, care services, prescription assistance, and local services including senior centers and meals.

A supplier to more than 150 lotteries globally, including nearly every North American lottery, Scientific Games is the world’s largest supplier of lottery instant games and known for its expertise in complex, integrated systems technology implementations. The Company is currently the fastest growing lottery systems supplier in the U.S., and the leading lottery systems supplier in Europe.

© 2018 Scientific Games Corporation.  All Rights Reserved.

About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in gaming entertainment offering the industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. The company is #1 in technology-based gaming systems, digital real-money gaming and sports betting platforms, casino table games and utility products and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit www.scientificgames.com

Company Contacts
SG Lottery Communications:
Therese Minella, APR  +1 770-825-4219
Director, Lottery Communications
therese.minella@scientificgames.com

Corporate Communications:
Susan Cartwright  +1 702-532-7981
Vice President, Corporate Communications
susan.cartwright@scientificgames.com

Investor Relations:
Michael Quartieri  +1 702-532-7658
Executive Vice President and Chief Financial Officer

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Gambling in the USA

GAN plc: New Jersey’s online gambling revenue rises in November

Niji Ng

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GAN plc: New Jersey’s online gambling revenue rises in November
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GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, updated the market following the publication on December 12, 2018 by the New Jerseys Division of Gaming Enforcement (DGE) of Internet gaming and Internet sports betting financial information for the calendar month of November 2018 in New Jersey.

According to the latest financial report of the New Jersey’s Division of Gaming Enforcement,  online gaming win for November in was $26.9 million in November, which represents a 30.7% hike year-on-year.

The total revenue from internet sports wagering was about $238.6 million for the month of November 2018, a rise of 36.8% from from the previous month.

Sports wagering gross revenue was $21.2 million, $11.7 million more than the previous month’s revenue.

GAN is a leading business-to-business (B2B) supplier of internet gambling software-as-a-service solutions (SaaS) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK„¢, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

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Gambling in the USA

Holiday Responsible Gambling Campaign to be launched in Massachusetts

Niji Ng

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Holiday Responsible Gambling Campaign to be launched in Massachusetts
Photo Source: twitter.com/MassGamingComm / MGC Interim Chair Gayle Cameron was proud to take part in this year’s Massachusetts Partnership for Responsible Gambling
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In a joint initiative, the Massachusetts Gaming Commission and the state lottery are going to launch the Holiday Responsible Gambling Campaign. The campaign is intended to create awareness about the dangers of buying lottery tickets for children and the pitfalls of encouraging any form of underage gambling.

There is a widespread practice among adults to gift under-aged persons a variety of shadow-gambling gifts such as scratch tickets, lottery tickets, believe it or not, or even casino tokens.

“Let’s try to refocus our consumers into giving toys that are age appropriate. As I mentioned during our presentation this is the type of really cute gift you want to be giving to someone who’s a child, you don’t want to be giving them a five or ten dollar scratch ticket or something related to a casino operation,” said Massachusetts State Lottery Director Michael Sweeney.

A toy drive will be part of the campaign to help provide appropriate gifts for kids across Massachusetts.

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Gambling in the USA

PointsBet obtains New Jersey approval

Niji Ng

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PointsBet obtains New Jersey approval
Photo Source: aifs.gov.au
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New Jersey’s Division of Gaming Enforcement (DGE) has approved PointsBet, an Australian company that offers an innovative form of sports betting.

The Australian company will function in association with the Meadowlands Racetrack on a “soft play” basis.

PointsBet follows a different system of payouts calculation. Basically, payouts vary, not a constant amount. For example, if you bet $10 and correctly predict the over in an NBA game, you will receive $10 for every point over the total. Conversely, you will lose $10 for every point under the total in a losing bet.

“The more your bet wins by, the more you win,” the company’s website – which has already been updated to include Tuesday’s news – reads.

“PointsBet is New Jersey’s first specialist PointsBetting provider,” the website says, with a picture of local New York Jets legend Darrelle Revis pictured as brand’s ambassador.

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