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Gambling in the USA

Scientific Games Congratulates Maryland Lottery On Record-Breaking Profits, Sales Top $2 Billion For First Time

George Miller

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Scientific Games Congratulates Maryland Lottery On Record-Breaking Profits, Sales Top $2 Billion For First Time
Reading Time: 3 minutes

 

Company’s New Systems Technology Now Supporting 4,500 Maryland Lottery Retailers

 

Scientific Games Corporation congratulates the Maryland Lottery and Gaming Control Agency (the “MLGCA”) on the Maryland Lottery’s (the “Lottery”) record-breaking year of profits, with $575.6 million in contributions to support good causes in Maryland including education, public health and safety, the environment, veterans’ organizations, the state’s horse racing industry and more. The Maryland Lottery surpassed $2 billion in annual sales for the first time, with total Fiscal Year 2018 sales topping $2.043 billion, an increase of 5.8 percent over Fiscal Year 2017.

In April, Scientific Games went “live” with the Maryland Lottery’s new, advanced gaming system, serving the Lottery and its network of more than 4,500 retailers. As part of an eight-year contract with the MLGCA, the Company is providing a wide and innovative portfolio of draw and monitor games, interactive games, and a host of advanced technologies to drive value and profit for the Lottery. This includes SciTrak™ instant game management system, and its gem | Intelligence® and gem | Retailer™ suite of real-time business and retail intelligence. Used by top world-per-capita performing lotteries, SciTrak integrates system, game and market data to ensure the proper inventory is sent to retailers. The gem | Suite is helping the Maryland Lottery’s sales team increase new instant game retail penetration and make merchandising and productivity improvements.

Racetrax™, a virtual horse-racing game which is the second-highest selling monitor game in the world behind Keno, also set an all-time sales record of $192.6 million. A record $1.247 billion in prizes were awarded to Maryland players, up 4.2 percent from Fiscal Year 2017, with a record $153.7 million in commissions paid to Maryland Lottery retailers. The Lottery also topped its previous fiscal-year record for instant (scratch-off) game sales with $750.9 million.

“We value our partnership with Scientific Games,” said Maryland Lottery and Gaming Director Gordon Medenica. “With SG’s new system in place, we believe our players will not only appreciate the fun and excitement of the games, but also the convenience that the new technology brings. I am confident that, together, we can help drive Lottery profits which will benefit the good causes of the state.”

The Maryland Lottery is currently ranked by La Fleur’s Almanac as No. 5 worldwide for numbers game sales per capita, and one of the Top 15 lotteries worldwide for total sales per capita. Scientific Games provides the Lottery with systems, instant games, licensed properties, and the popular My Lottery Rewards player loyalty program.

“Congratulations to the MLGCA on their record-breaking year. It’s exciting to see our customer achieve record-breaking results while we migrated them to our latest platforms and products. Scientific Games has invested in innovative products, games, technology and analytics to both entertain players and increase the Lottery’s profits,” said Jim Kennedy, Group Chief Executive, Lottery for Scientific Games. “We take great pride in the growth and successes of our lottery customers and their contributions to important causes in their states.”

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
[email protected]

Corporate Communications:
Susan Cartwright  +1 702-532-7981
Vice President, Corporate Communications
[email protected]ientificgames.com

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

Forward-Looking Statements
In this press release, Scientific Games makes “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will,” “may,” and “should.” These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including those factors described in our filings with the SEC, including the Company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on March 1, 2018 (including under the headings “Forward Looking Statements” and “Risk Factors”). Forward-looking statements speak only as of the date they are made and, except for Scientific Games’ ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

 

Source: Scientific Games Corporation

 

 

Gambling in the USA

Top C-level Executives, State Representatives are joining the speakers’ lineup at Sports Betting & Casino Summit North America

Zoltan Tundik

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Reading Time: 2 minutes

CEOs, decision-makers, and Government officials among the speakers at the virtual edition of Sports Betting & Casino Summit North America.

With less than a month to go until the Sports Betting & Casino Summit North America (Virtual Conference) will open its virtual doors, we are honored to announce some big names of the North American gambling industry that will be joining the speakers’ lineup.

The top industry companies have all confirmed their interest in the inaugural event which will break all records for the organizing company.

Register now to secure your seat(s)! REGISTER HERE!

Among the already confirmed 40 speakers, you can find:

  • Brandt Iden (State Representative at the State of Michigan)
  • Nick Papadoglou (Chief Commercial Officer at Intralot Inc/US – Head of Sports Betting in the US)
  • Joe Asher (CEO at William Hill US)
  • Seth Schorr (CEO of Fifth Street Gaming and Chairman of Downtown Grand Hotel & Casino)
  • Jay Kornegay (Vice President Race & Sports Operations – Westgate LV Resort & Casino)
  • Grant Johnson (CEO at Esports Entertainment Group)
  • Dmitry Starostenkov (CEO at Evenbet Gaming – the leading poker platform provider)
  • Daniel J. Kustelski (CEO & Co-founder at Chalkline Sports)
  • Benjie Levy (President/COO at Score Media and Gaming Inc
  • Lloyd Danzig (Founder & CEO at Sharp Alpha Advisors)

You can view the full list of speakers on the official site.

We are happy to also reveal the program of the conference which will start on 23 June at 12:00 PM EDT (New York Time) / 9:00 AM (Pacific Time) / 6:00 PM (CET), and looks the following way:

Day 1 (23 June)

  • THE STRATEGY OF RESTARTING THE ONLINE SPORTS BETTING INDUSTRY
  • NAVIGATING THE SIGNIFICANT CHALLENGES & OPPORTUNITIES IN US SPORTS BETTING & ONLINE GAMING IN AN EVER CHANGING WORLD POST COVID-19
  • THE FUTURE OF LEGALIZED SPORTS BETTING IN CALIFORNIA, FLORIDA, AND TEXAS
  • OUTLOOK FOR US GAMING – WHEN CAN WE EXPECT THE US GAMING MARKET TO NORMALISE
  • LAS VEGAS – RE-LAUNCH OF THE STRIP
  • ESPORTS BETTING VS CLASSIC SPORTS BETTING IN NORTH AMERICA
  • VIRTUAL GAMING, IS IT GAINING TRACTION IN AMERICA AND CANADA AUDIENCE?

Day 2 (24 June)

  • IS THERE REALLY AN ONLINE POKER RENESSAINCE?
  • INNOVATION DURING AND POST COVID-19 – HOW IS THE INDUSTRY ADAPTING?
  • COMPLIANCE AND CERTIFICATION DURING COVID-19
  • TRIBAL GAMING INDUSTRY – A NEW ERA?
  • THE FUTURE OF ONLINE GAMING IN CANADA
  • RESPONSIBLE GAMING: LESSONS LEARNED FROM EUROPE AND VICE VERSA
  • THE CURRENT & FUTURE STATE OF THE SPORTS BETTING INVESTMENT LANDSCAPE

The full schedule is available on this link!

Register now to secure your seat(s)! REGISTER HERE!

The virtual conference is designed to bring together regulators, operators, suppliers, marketing managers, C-Level Executives, policymakers, and more for two days of quality online learning and networking.

More speakers and moderators are being added daily so make sure to visit, the event’s official website frequently for updates: summits.gamingamericas.com

For further sponsorship/speaking and marketing inquiries, make sure to reach out to Andrada Bota (B2B Sales Executive at Hipther Agency).

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).

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Gambling in the USA

Gaming Americas Weekly Roundup – May 25-31

Niji Narayan

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Reading Time: 3 minutes

Welcome to our weekly roundup of American gambling news.

Last week, several gambling companies have re-entered into their businesses despite the ongoing pandemic. Here, we are going through the weekly highlights of the American gambling industry which includes casino reopening, new partnerships, product launches, award winnings, latest approvals, and recent announcements. Read on and get updated.

Casino Reopening

Most of the casinos have resumed their operations this week. Some are on the preparations to restart their business.

Rodney Butler, Chairman of the Mashantucket Pequot Tribal Nation, said that the plans to partially reopen Foxwoods Resort Casino on June 1 are still moving ahead despite opposition from Connecticut Gov. Ned Lamont.

Rodney Butler told in an interview that Lamont is welcome to tour Foxwoods and see firsthand the safety precautions being taken to prevent the spread of the coronavirus, ranging from fewer open slot machines to air filtration systems.

New Deals

AGS announced a new partnership with the Kindred Group to provide its online, real-money games for the Kindred Group’s Unibet brand in New Jersey.

The Vancouver Titans esports team entered into a new partnership agreement with Pizza Hut Canada and designated Pizza Hut as the Official Pizza of the team and their fans.

Microgaming signed an exclusive distribution agreement with game design and development studio, Neko Games. The studio’s Super Showball video bingo game is live on Microgaming’s content aggregation platform from 26 May 2020.

Churchill Downs Incorporated (CDI) and Aristocrat Leisure entered into an agreement in principle to settle the Kater v. Churchill Downs, and Thimmegowda v. Big Fish Games lawsuits.

New Launchings

The igaming publishing company Oddschecker Global Media announced the launch of RacingPicks, a standalone horse racing site. The site’s purpose is to provide day-to-day expert content to the American racing community.

TransAct Technologies Incorporated launched its new Epicentral Clean2Play Sanitization Tracking System for casinos. This new casino product provides real-time printed proof that a slot machine has been cleaned, sanitized, and is ready for play.

The D.C. Lottery is set to launch its sports betting platform in the coming days. The online sportsbook GambetDC will take its first wagers in June, even though a large number of global sports events remain canceled due to COVID-19.

Awards

Michigan State Rep. Brandt Iden received an honorary American Gambling Award for his extraordinary efforts in legalizing sports betting, online poker, and online casino gaming throughout the state in 2019.

Latest Approvals

Illinois lawmakers have approved an approximately $40 billion state budget that largely maintains spending, along with a plan to push forward a Chicago casino.

The budget, which largely relies on federal funding, mostly maintains funding from the current budget, which the exception of health care agencies affected by the COVID-19 outbreak.

Legislators also approved a plan pushed by Chicago Mayor Lori Lightfoot to change the tax structure for a casino in the city. The Chicago casino was included in last year’s gambling expansion authorizing six new casinos, part of a critical funding source for the state’s $45 billion capital plan.

Financial Help

Ontario Lottery and Gaming (OLG) is going to receive a $500m loan from the Provincial Government.

With Ontario’s state of emergency shuttering casinos, slot machines, and racetracks for the past two months, the gaming monopoly was in dire need of a cash injection.

Announcements

Brazilian Deputy Bacelar has affirmed that the legalization of all gambling verticals could play a key role in economic stability in the country.

He stated that following the current health pandemic, he is in favor of legalizing all gambling verticals, including jogo do bicho, on the grounds that gambling could save Brazil from its current financial crisis and rejuvenate the economy.

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Gambling in the USA

GAN Signs Platform Deal with Cordish Companies

Niji Narayan

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GAN Signs Platform Deal with Cordish Companies
Reading Time: 2 minutes

 

Cordish Gaming Group, the global gaming division of the Cordish Companies, has selected GAN Limited as the enterprise software Platform provider to power its new “PlayLive!” branded Internet gambling business in the State of Pennsylvania, complementing the development of two new Live!-branded gaming facilities in Philadelphia and Pittsburgh.

The new Live! Casino & Hotel, located in the Stadium Entertainment District in the City of Philadelphia, will be a world-class hotel, gaming & entertainment destination featuring 2200 slot machines and 150+ live action table games.

The second new Live! Casino, located in Westmoreland County, near Pittsburgh, will feature more than 100,000 square-feet of gaming, dining and entertainment space, including 750 slots and approximately 30 live action table games. Both locations are expected to open in 2020.

Live! Casino will be GAN’s third client of real money Internet gambling enterprise software in the State of Pennsylvania, expanding GAN’s real money Internet gambling operations in the U.S. These operations now include the following states—New Jersey, Pennsylvania, Indiana, as well as Michigan and Ohio, both of which are expected to commence operations in the first half of 2021.

“We’re delighted to expand upon our long-standing relationship with one of America’s premier commercial real estate families. Bringing Pennsylvania’s newest casino online later this year will be a genuine privilege, and we look forward to supporting their on-property gaming business by leveraging our U.S. patented iBridge Framework, bridging the Internet gambling experience with that of retail gaming. Online will remain the growth driver of this Industry for decades to come, not just in Pennsylvania but across the nation,” Dermot Smurfit, CEO of GAN Limited, said.

“With our established relationship, GAN was the logical provider of our enterprise platform for launching real money Internet gambling and offers Cordish the ability to extend on-property rewards into the online channel, which has been shown to increase loyalty amongst players of Simulated Gaming,” Robert J. Norton, President of Cordish Gaming Group, said.

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