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Gambling in the USA

Former Governor Brian Sandoval Joins MGM Resorts International As President Of Global Gaming Development

Zoltan Tundik

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Nevada Gov. Brian Sandoval - Photo source: kolotv.com
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MGM Resorts International (NYSE: MGM) (“MGM Resorts” or the “Company”) today announced that former Nevada Governor Brian Sandoval will join the Company as President of Global Gaming Development. Governor Sandoval will drive MGM Resorts’ global expansion efforts, most importantly in Japan, and focus on state public policy efforts around sports gaming while solidifying the Company’s leadership in the growing sports betting market.

With the Governor joining the team, MGM Resorts President Bill Hornbuckle will now lead global casino marketing and be responsible for leveraging MGM Resorts’ worldwide assets and reputation to drive revenue growth and maximize the value contributed from the Company’s assets. Hornbuckle’s marketing focus will also help drive the Company’s overall growth in Macau.

“Few leaders are as widely respected, accomplished and knowledgeable as Brian Sandoval, and we couldn’t be more excited to have him as part of the MGM family,” said MGM Resorts Chairman & CEO Jim Murren. “Governor Sandoval brings an unparalleled level of skill, leadership and experience to the company, and we will benefit greatly from his in-depth expertise in gaming, public policy and economic development.”

Murren continued, “Likewise, Bill Hornbuckle has a proven record of developing and implementing marketing strategies that excite and entertain in ways that translate to revenue enhancement and value creation. We are pleased that, with the recent launch of MGM 2020, a business operations and digital transformation program, Bill can enhance his focus on the vital role of leading global casino marketing so we can expand our market share in Las Vegas and abroad.”

“As I return to the private sector for the first time in over 20 years, finding the right professional opportunity to best suit my experience as a former legislator, gaming regulator, Attorney General, federal judge and Governor was important to me,” said Governor Sandoval. “MGM Resorts is a global leader in gaming and entertainment, and I look forward to joining the MGM team led by Jim Murren, someone who I greatly respect. Jim has formed critical relationships in Japanand in sports, and I look forward to building upon this strong foundation.”

“This is an exciting time for MGM Resorts as we continue to expand our gaming operations around the world while simultaneously transforming the Company through MGM 2020,” said Hornbuckle. “I look forward to leveraging our global operations and harnessing the power of new digital tools to deliver on our strategic objectives, capture market share and grow revenue.”

ABOUT GOVERNOR BRIAN SANDOVAL 
Serving from 2011-2019 as Nevada’s first Hispanic Governor and as one of the nation’s most popular state leaders, Sandoval transformed Nevada with key accomplishments in economic development, veterans’ issues, health care expansion, workforce development, renewable energy policy, innovative gaming policy and modernizing Nevada’spublic education system. As Governor, Sandoval reinstituted the Gaming Policy Committee and was a leading voice in favor of the legalization of sports gaming. He served as the Chairman of the National Governors Association, Western Governors Association, National Council of State Governments and the Education Commission of the States. He also focused on international outreach, hosting multiple international delegations in Nevada, and led over 18 trade missions to 16 countries on six continents.

Earlier in his career, Sandoval was elected to the Nevada Assembly in 1994, serving on the Judiciary, Taxation, Labor and Management and Natural Resource Committees and passing 14 bills into law. He was appointed to the Nevada Gaming Commission in 1998 and became the Commission’s youngest Chairman in state history the following year. Sandoval was thereafter elected Nevada Attorney General in 2002. Sandoval was nominated in 2005 by then-President George W. Bush to serve as a federal judge on the U.S. District Court for the District of Nevada, and confirmed unanimously by the U.S. Senate, a position he held until resigning to run for Governor in 2009.

He received a Bachelor of Arts degree in English and a minor in Economics from the University of Nevada, Reno in 1986 and a Juris Doctorate degree from The Ohio State University Moritz College of Law in 1989.

ABOUT BILL HORNBUCKLE 
A four-decade veteran of the gaming industry, Bill Hornbuckle has served as the President of MGM Resorts since 2012. He was previously Chief Marketing Officer of MGM Resorts from 2009 until 2012, overseeing the creation of the M life Rewards loyalty program and positioning the portfolio of MGM Resorts International destination resorts for growth. Prior to that, he was President and COO of Mandalay Bay Resort and Casino and President and COO of MGM Grand. Hornbuckle is the former President and Chief Operating Officer for Caesars Palace, Las Vegas and earlier in his career served in various senior management positions with Mirage Resorts.

ABOUT MGM RESORTS INTERNATIONAL 
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 28 unique hotel offerings including some of the most recognizable resort brands in the industry. Expanding throughout the U.S. and around the world, the company in 2018 opened MGM Springfield in Massachusetts, MGM COTAI in Macau, and the first Bellagio-branded hotel in Shanghai. The 81,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at www.mgmresorts.com.

SOURCE MGM Resorts International

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

Regulated Online Gambling Market Attracts the Attention of Big Players

Niji Narayan

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Photo source: thefiscaltimes.com
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The regulated online gambling market in the U.S. has attracted the attention of many big players, both within and outside the gambling industry. This includes a disproportionate amount of offshore companies, due to the fraught history of online gambling in the states.

Since the advent of the Internet, the federal government and the Justice Department have taken a hostile stance towards online gambling. With the exception of sports betting in recent years, online casino gambling still remains very much within the crosshairs of the government.

Over the years, this has led to the stagnation of the online gambling market in the U.S., with the notable exception of Las Vegas. When you discount the casinos in Atlantic City and Las Vegas, very few homegrown companies are active in the online gambling scene, especially on the tech side of the equation.

In the global market, Europe has stolen a march on everyone else with their more liberal take on regulated online gambling. This has led to the rise of a diverse field of companies looking to enter the newly opened online betting markets in the United States in 2018–19.

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Gambling in the USA

Foxwoods Resort Casino Installs Third Interblock Stadium

Zoltan Tundik

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Photo by trashhand from Pexels
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Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock® announced an expansion of their footprint at Foxwoods Resort Casino, North America’s largest resort casino. The most recent addition to the casino is a Diamond dealer assist stadium to the Rainmaker Casino. The expansion takes the product portfolio of Interblock to 85 seats at the property.

John Connelly, CEO of Interblock commented “The executive management team at Foxwoods Resort Casino has always strived to be first when it comes to innovation. The introduction of a third stadium within the same casino is an indication of the financial benefits Foxwoods has realized.

A combination of new players, operational savings, and the ability to increase both handle and hold percentages has proven to bring the incremental EBITDA Foxwoods was looking for. This could have only been achieved with the support of the casino.”

Foxwoods Resort Casino was one of the first properties in North America to install the company’s award-winning Pulse Arena in 2016, which was branded as PLAY Arena. PLAY Arena is a technological experience that delivers a hybrid of entertainment, gambling, and social interaction. An immersive video wall displays games in play, statistics, and game history. New Interblock technology provides players with the ability to play up to four games simultaneously from a single play station within the stadium including live Multi-hand Blackjack, Roulette, Baccarat and video Craps and Sic Bo.

Performance results from PLAY Arena have encouraged property management to add additional Interblock Stadiums to their casino floor. In addition to PLAY Arena in the Great Cedar Casino, the property will now feature Diamond dealer assist stadiums in both their Rainmaker Casino and Fox Tower Casino. The stadiums consist of 30 and 24 seats respectively and feature live Multi-hand Blackjack, Dual-shoe Baccarat and Roulette. Interblock stadium solutions allow operators to easily transform a dealer assisted stadium into a fully automated stadium, ensuring that the section of the casino floor is always active and able to generate constant revenue even when live dealers are not present. The live dealer tables are equipped with an easy to use dealer console and a camera that allows players to view the live gameplay from their play station screen in addition to the large LCD displays above. Play stations are also equipped with brilliant high-definition graphics offering side bets, trends, game rules and a strategy card for Blackjack.

Wayne Theiss, Vice President Table Games at Foxwoods Resort Casino said “We are very excited about our continued partnership with Interblock. Our recently expanded footprint is a testament to the tremendously successful performance of their units on our floor.”

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Gambling in the USA

Scientific Games, Big Time Gaming and Golden Nugget Bring Online Content to New Jersey

Zoltan Tundik

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Photo by bruce mars from Pexels
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Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games”) ramped up its online presence in New Jersey through a new launch that sees Big Time Gaming (“BTG”) content available via its Open Gaming System (“OGS”) with Golden Nugget Online Casino (“Golden Nugget”).

BTG is one of Scientific Games’ top-performing network partners in the UK and European markets; this partnership brings their content to the growing U.S. space backed by the renowned OGS platform, beginning with Golden Nugget. The launch reimagines play by giving Golden Nugget an entire library of BTG and Scientific Games content, including games that use the massively popular Megaways™ mechanic like the blockbuster slot Bonanza, available at launch next week.

Nik Robinson, BTG CEO, said: “Our content and Scientific Games’ platform make for a perfect New Jersey offering. The U.S. digital gaming market is gaining traction, and we’re excited to provide Golden Nugget’s players with our growing library of innovative titles.”

Expanding on its strong partnership in Europe with BTG, this launch underpins the reliability and impact of the OGS platform, which brings thousands of games to operators with a single, easy integration. Golden Nugget now has access to a revolutionary portfolio of game content that brings together two of the industry’s creative forces.

Dylan Slaney, SVP Casino and Platforms for SG Digital, said: “Our CONNECT partner program gives developers and innovators the opportunity to offer their content to more players than ever before via one seamless integration, and this launch is a perfect example. By leveraging BTG’s innovative prowess, our strong game brands (both licensed and proprietary), and Golden Nugget’s loyal audience, we’ve created a truly unprecedented gaming ecosystem for New Jersey players.”

“Golden Nugget Casino leads the New Jersey market with the largest portfolio of slot games,” said  Thomas Winter, Senior Vice President and General Manager, Golden Nugget Online Casino. “Working with Scientific Games and Big Time Gaming to bring these innovative Megaways™ slot games to the U.S. provides our growing player base an exclusive first look at these games that are pioneering the online slots industry.”

Megaways™ is a trademark owned by Big Time Gaming. Used with permission. All rights reserved.

© 2019 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. Scientific Games 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.

Scientific Games Contacts
Corporate Communications:

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

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

 

About Big Time Gaming:

Big Time Gaming is the thought leader in slot development, providing the world’s largest online casino operators with its revolutionary OMNI product range. Big Time Gaming continues to lead the charge with games such as Bonanza and Extra Chilli breaking records in turnover and topping the European iGaming charts. With its first branded release Who Wants to be a Millionaire, Big Time Gaming has a growing portfolio of innovative slots and games available through Scientific Games, Microgaming and now Relax.

www.bigtimegaming.com

 

 

About Golden Nugget Atlantic City

The Golden Nugget Atlantic City, located on Frank S. Farley Marina is a premier resort destination, offering guests more than 740 rooms and suites. The entire property went through a $150 million complete renovation 5 years ago and has taken on a fresh, modern look to include a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounges, Haven Nightclub, stylish retail offerings, as well as Landry’s signature world-class restaurants such as Chart House and Vic & Anthony’s Steakhouse; a luxury spa and salon; and H20 poolside lounge. The Golden Nugget has already established strong brand recognition worldwide with locations in Las Vegas and Laughlin, NV, Biloxi, MS and Lake Charles, Louisiana.

Launched in November 2013, GoldenNuggetCasino.com offers the best user experience to New Jersey online and mobile real-money gaming players. Supported by the largest selection of games for both desktop and mobile players, a user-friendly interface and a world-class Customer Service, GoldenNuggetCasino.com was voted Operator of the Year in 2015, 2016 and 2017 at the iGaming North America Awards and Operator of the Year 2017, 2018 and 2019 at the EGR North America Awards.

 

 

 

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 Scientific Games’ 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 February 28, 2019 (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.

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