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Gambling in the USA

Scientific Games Chosen By Second State Gaming For New Truck Stop Route In Pennsylvania

George Miller

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Scientific Games Launches Match HQ
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Scientific Games software, Bally® MultiConnect, to be deployed on 100 games in 20 locations

 

Scientific Games Corporation announced an agreement with Second State Gaming, LLC to install Bally MultiConnect (BMC) software at 20 truck stop locations throughout Pennsylvania. The new system will begin going live in Spring 2019, and will continue to be installed on 100 games at 20 locations based on gaming license approvals. Pennsylvania recently signed legislation allowing a major expansion of gambling throughout the state, to include truck stops and airports.

Bally MultiConnect provides video lottery terminal (VLT) management reporting tools for multi-site gaming operations. It also consolidates data from any number of gaming locations into one reporting system with the click of a button. BMC allows operators to assess gaming operations at any level within the organization, and benefit from the convenience of one permanently unified set of accounting reports.

“We were thoroughly impressed by Scientific Games’ existing presence in the State of Pennsylvania and their commitment to their systems customers,” said Jennifer Caruso, Vice President of Operations at Second State Gaming LLC. “We are excited to see how the BMC product will give us a competitive advantage in the new Pennsylvania truck stop VLT market.”

This agreement with Second State Gaming, LLC is the first systems contract awarded and the first deployment of BMC in this new truck stop route market.

“We are proud of our long-standing gaming partnerships in the State of Pennsylvania, and we are very excited to be the first to enter this new market with our systems offering,” said Bob Parente, SVP and Chief Revenue Officer at Scientific Games. “As the leader in gaming systems and route operations throughout North America, Scientific Games is best poised to support this emerging market, as well as other jurisdictions, with products that will enhance the bottom line. We look forward to working with Second State Gaming to effectively manage their gaming route operations.”

All ® notices signify marks registered in the United States.  © 2019 Scientific Games Corporation.  All Rights Reserved.

 

About Scientific Games:

Scientific Games Corporation is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. 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 scientificgames.com.

SOURCE Scientific Games Corporation

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

Oklahoma Tribal Leaders Approve a Resolution against Governor’s Gambling Plan

Niji Narayan

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Oklahoma Tribal Leaders Approve a Resolution against Governor’s Gambling Plan
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The leaders of Oklahoma-based Cherokee, Chickasaw, Choctaw, Muscogee (Creek) and Seminole nations have approved a resolution denouncing the new Republican governor’s plan to force negotiations for a bigger slice of revenue from Oklahoma’s tribal casinos.

The Inter-Tribal Council of the five civilised tribes approved the resolution during a meeting in Tulsa.

Last week, Gov. Kevin Stitt said that the existing compacts should be reevaluated now that the gambling industry has matured in Oklahoma.

Tribal leaders and the governor disagree over what triggers a 15-year renewal of the compacts.

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Compliance Updates

Sports Betting Becomes Legal in New Hampshire

Niji Narayan

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Sports Betting Becomes Legal in New Hampshire
Photo Source: reviewjournal.com
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New Hampshire has become the latest U.S. state to legalise sports gambling. Gov. Chris Sununu signed into law a measure that legalises betting on professional sports and most Division I college sports, excluding games involving New Hampshire schools. The state Lottery Commission will regulate the new industry.

“We can do it with a lot of confidence because it’s being done responsibly, and it’s being done with an organization here at the lottery that just knows what they’re doing. They know how to get this stuff off the ground,” Sununu said.

Opponents had argued sports betting would continue the state’s reliance on problematic revenue sources, including alcohol and cigarettes, the so-called “sin taxes.” But supporters argued legalising of sports betting will bring black-market activity to the surface and provide support for problem gamblers through a new organisation focused on education, prevention and treatment.

“I’m happy we’re bringing an illicit activity into the light for our citizens of New Hampshire and allowing for some consumer protections,” Rep. Timothy Lang said. He called it a win for residents, communities, the state and public education.

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Gambling in the USA

Twin River Worldwide Signs Agreement to Acquire Two Casinos from Eldorado Resorts

Niji Narayan

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Twin River Worldwide Signs Agreement to Acquire Two Casinos from Eldorado Resorts
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Twin River Worldwide Holdings has entered into a definitive agreement to acquire the Isle of Capri Casino in Kansas City and Lady Luck Casino in Vicksburg from Eldorado Resorts in a cash transaction for $230 million.

The purchase price represents an implied trailing twelve month proforma earnings before interest, taxes, depreciation and amortisation multiple of approximately 8.4× for the properties on a combined basis.

“This transaction continues our focus on creating long-term shareholder value as we strive to develop or acquire assets which we believe will prove accretive to our earnings,” George Papanier, President and CEO of TRWH said.

“Isle Kansas City and Lady Luck Vicksburg expand our geographic footprint with assets in attractive markets. We believe these assets are a great fit for our portfolio and see the opportunity to increase the net cash flow from these properties by our redevelopment and operating plans. In particular, in Kansas City, where the property lies within an area near downtown that has been targeted by local officials for development, we feel there is opportunity for capital investment in the property which we believe will have a transformative impact and integrate well with local development efforts in the area,” George Papanier added.

The transaction is subject to receipt of required regulatory approvals and is expected to close in early 2020.

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