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OLG Signs Casino Operating and Services Agreement for Niagara gaming bundle

George Miller

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OLG Signs Casino Operating and Services Agreement for Niagara gaming bundle
Pictured from left to right: James Gessner Jr., Interim Chairman of Mohegan Tribe, Richard Taylor, President of Niagara Casinos, Mario Kontomerkos, CEO of Mohegan Gaming & Entertainment and Stephen Rigby, President & CEO of Ontario Lottery & Gaming Corporation
Reading Time: 2 minutes

 

Ontario Lottery and Gaming Corporation (OLG) has signed a Casino Operating and Services Agreement (COSA) with MGE Niagara Entertainment Inc. (MGE) for the Niagara Gaming Bundle.

This is the latest step in the transformation of land-based gaming in Ontario, which is creating the conditions for a vibrant gaming industry and bringing jobs and investment to communities across the province.

MGE now assumes responsibility for the day-to-day operations of Fallsview Casino Resort and Casino Niagara. MGE will also operate the future 5,000-seat Niagara Falls Entertainment Centre.

OLG has an internationally-recognized Responsible Gambling (RG) program and embeds its high standards for RG into the contracts it has with service providers.

OLG provides the provincial government with its largest source of non-tax revenue. Modernization helps OLG provide more money to Ontario for key government services.

 

About Mohegan Gaming & Entertainment:

Mohegan Gaming & Entertainment (MGE) is a master developer and operator of premier global integrated entertainment resorts, including Mohegan Sun in Uncasville, Connecticut and Inspire in Incheon, South Korea. MGE is owner, developer, and/or manager of integrated entertainment resorts throughout the United States, including Connecticut, New Jersey, Washington, Pennsylvania, Louisiana, Northern Asia, and Niagara Falls, Canada. MGE is owner and operator of Connecticut Sun, a professional basketball team in the WNBA and New England Black Wolves, a professional lacrosse team in the National Lacrosse League. For more information on MGE and our properties, visit mohegangaming.com

About OLG:

OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. OLG conducts and manages gaming facilities, the sale of province-wide lottery games, PlayOLG Internet gaming, the delivery of bingo and other electronic gaming products at Charitable Gaming Centres and is helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $50 billion to the Province and the people of Ontario. These payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.

All for Here – 100 per cent of OLG’s proceeds are invested in Ontario

Source: OLG

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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GLI®Joins the Canadian Gaming Association

George Miller

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GLI®Joins the Canadian Gaming Association
Reading Time: 2 minutes

 

Gaming Laboratories International (GLI®) is proud to have joined the Canadian Gaming Association (CGA), a not-for-profit organization that works to advance the evolution of Canada’s gaming industry.

“We are delighted to welcome Gaming Laboratories International to the Canadian Gaming Association,” said Paul Burns, President and CEO, CGA. “GLI joins a growing list of members who represent an inclusive and diverse list of operators, manufacturers, suppliers, and other industry associations who are committed to advocating for the benefits associated with the Canadian gaming industry. They will bring great value to our association, thanks to GLI’s deep history in Canada and its world-class services.”

“We are honored to become an associate member of the Canadian Gaming Association,” said Salim L. Adatia, GLI’s Vice President of iGaming and Canadian Services. “This marks another important milestone in our continuing commitment to the growing Canadian gaming landscape. We’ve been working closely with our Canadian colleagues for many years and we look forward to further enriching our successful relationships with Canadian gaming, lottery, and First Nations regulators, operators, and suppliers through our membership in the CGA.”

The CGA is the primary source of information on gaming in Canada and co-owns the Canadian Gaming Summit, which GLI is sponsoring and speaking at again this year, and Canadian Gaming Business magazine. CGA members enjoy a variety of exclusive benefits, including leveraging the organization’s established relationships with key lottery and gaming senior management, regulators, and government officials; advocacy on key issues and legislation affecting the Canadian gaming and lottery industries; and access to proprietary research on a variety of topics, including public attitudes and opinions, responsible gambling, and economic development.

After 30 years in business, GLI has never lost sight of why we opened our doors in the first place, both in Canada and around the globe: To be the trusted, proven advisor, offering an unparalleled range of services designed to enrich the Canadian gaming environment. Now, GLI’s membership in the CGA further underscores the lab’s strong support for Canada’s growing gaming and lottery industries. For over two decades, GLI has operated a full-service test lab in Burnaby, British Columbia that has provided testing for the land-based, online, charitable, pari-mutuel, and lottery gaming sectors across the country and its global lottery group is based in Moncton, New Brunswick. Additionally, GLI’s cybersecurity and professional services arm: Bulletproof Solutions, Inc. – A GLI Company, is headquartered in Fredericton, New Brunswick. And in 2016, GLI became the first independent test lab to join the Gaming Security Professionals of Canada (GSPC) association.

Salim L. Adatia to Moderate Technology Panel at the Canadian Gaming Summit, June 20, 2019, at 11:15 a.m. – 12:05 p.m.

Salim L. Adatia, GLI’s Vice President of iGaming & Canadian Services, will moderate a panel on the topic: “Exploring Emerging Technologies” during the upcoming 23rd Annual Canadian Gaming Summit taking place at the Edmonton Convention Centre, June 18 – 20, 2019. Adatia will be joined by Stasi Baran, Ph.D., COO of nQube. They will discuss how such emerging technologies as blockchain, artificial intelligence (AI), and cryptocurrencies will impact Canada’s gaming industry; examining the pros, cons, and risks that will have to be managed to adopt them.

 

About Gaming Laboratories International:

Gaming Laboratories International, LLC delivers the highest quality land-based, lottery, and iGaming testing and assessment services. GLI’s laboratory locations are found on six continents, and the company holds U.S. and international accreditations for compliance with ISO/IEC 17025, 17020, and 17065 standards for technical competence in the gaming, wagering and lottery industries. GLI also holds ISTQB certification.

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Record-breaking jackpot – Family wins $65,000,000 through Lotto Max draw

George Miller

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Record-breaking jackpot - Family wins $65,000,000 through Lotto Max draw
The winners, together with Loto-Québec’s President and CEO Lynne Roiter (right), President of Lottery Operations and Vice-President of Public Affairs Isabelle Jean (left), and press conference host Yves Corbeil. (CNW Group/Loto-Québec)
Reading Time: 2 minutes

 

A family from Montréal won $65,000,000 in the June 11 Lotto Max draw. That’s the biggest jackpot in Canadian history!

The winning ticket was purchased at Dépanneur Springland, located at 2525 Rue Springland, in Montréal. The convenience store will collect a cool $650,000, i.e. 1% of the jackpot.

The family members celebrated their win during a press conference held today in Montréal.

Isabelle Jean, Loto-Québec’s President of Operations (Lotteries division) and Vice-President of Public Affairs, had this to say: “We’ve never paid out such a huge jackpot! Lotto Max is one of Québec’s most popular lottery draws and we’re thrilled that this is the second Lotto Max jackpot that’s been won here. Just one month ago, a group from Montréal’s South Shore won a whopping $50,000,000 through Lotto Max.”

Lotto Max only just recently moved to two draws a week, i.e. on Tuesdays and Fridays.

Highlights

  • The family won the biggest jackpot in Loto-Québec history on a free ticket.
  • Giuseppa Lo Giudice Lanteri won a Free Play ticket through Québec Max, to which she decided to add Lotto Max and Extra. It was thanks to this “add-on” that she won.
  • Giuseppa and Nunzio will be giving a portion of their win to their two children, Jane and Salvatore Lanteri. Four other family members will receive a portion of the money: Salvatore, Antonio, Daisy and Vincenzo Briganti.
  • “We’re happy to be able to provide for our kids,” says the family man.
  • Among the family’s short-term plans: the purchase of a new home in the same Montréal neighbourhood they’ve been living in for the past 50 years.

In summary

  • Lottery: Lotto Max
  • Prize: $65,000,000
  • Category: Jackpot
  • Draw date: June 11, 2019
  • Winners’ place of residence: Montréal
  • Retailer: Dépanneur Springland (2525 Rue Springland, Montréal)
  • The retailer will receive a $650,000 commission, equal to 1% of the prize.
  • Claim centre: Loto-Québec head office, Montréal

About Loto-Québec:
Loto-Québec’s mission is to responsibly and efficiently manage games of chance in a controlled and measured fashion, in the interest of all Quebecers. Entertainment is at the heart of its activities. Between January 1 and June 11, 2019, Loto-Québec has paid out 37 prizes of $1,000,000 or more, producing 39 millionaires. The Gagnant à vie and Grande Vie lotteries have provided 11 lucky winners with a lifetime annuity.

 

Source: Loto-Québec

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2018-2019 fiscal year – Loto-Québec reports strong financial results

George Miller

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2018-2019 fiscal year - Loto-Québec reports strong financial results
Photo Source: radio-canada.ca
Reading Time: 2 minutes

 

Loto-Québec’s 2018–2019 Annual Report was tabled this morning in the National Assembly. The Corporation’s total revenues were $2.827 billion, exceeding its previous fiscal results by $84.9 million, or 3.1%. The net income totalled $1.408 billion, up $72.7 million, or 5.4%.

KEY FIGURES

Total revenues

            $2.827 billion

+3.1%

Net income

            $1.408 billion

+5.4%

Prizes paid out1

            $1.160 billion

+12.9%



REVENUES BY BUSINESS SECTOR

Lotteries

      $955.7 million

+8.7%

Casinos

      $917.9 million

+1.2%

Gaming establishments2

      $979.5 million

-0.2%

Online gaming3

      $105.4 million

+23.2%

 

QUOTE

“Over the past five fiscal years, even with our total revenues on the rise, we’ve maintained tight control over our expenses. That’s helped to improve our productivity,” says Lynne Roiter, President and CEO of Loto-Québec. “The ratio of net income over revenues has also risen from 45.5% in 2014–2015 to 49.8% in 2018–2019. All of our business sectors are contributing to the increase in net income, which reflects the efforts being made right across the Corporation.”

HIGHLIGHTS

  • The increase in lottery revenues is primarily due to the strong performance of Lotto Max, for which sales were over $52.3 million, or 30.6% higher than those of the 2017–2018 fiscal year. The instant lottery category also showed continued growth (up $18.8 million, or 12.3%) due to the overwhelming popularity of permanent games and the holiday collection.
  • The casino sector delivered strong results, mainly due to the success of its themed promotions, which attracted close to 10 million customers. Despite road work and difficulties getting to the site, the Casino de Montréal managed to see an increase in revenues.
  • The drop in gaming establishment revenues can be attributed to the reconfiguring of the video lottery terminal network in bars, for which sales decreased by $6.7 million, or 0.7%. The drop was more pronounced in sectors that lost terminals.
  • The total revenues (lottery and casino games) generated by lotoquebec.com totalled $105.4 million, which is an increase of $19.8 million, or 23.2%, versus the previous fiscal year. Improving the ease of navigation between product lines improved the website’s market share.
  • Responsible commercialization is a constant priority for Loto-Québec. Several information and awareness-raising initiatives were launched in the 2018–2019 fiscal year, including a campaign about the importance of respecting one’s limits, an online video explaining how luck works, and a new slide-out menu on lotoquebec.com that links to information on responsible gambling.
  • Loto-Québec owes its outstanding results to the vision outlined in its 2017–2020 strategic plan: the Corporation has stayed focused on the customer, strengthened its focus on gaming and entertainment, maintained its responsible commercialization approach, and continued to improve its work processes in order to optimize convergence, agility and efficiency.

 

_________________________

1 Prizes paid out to lottery, bingo and Kinzo winners.

2 The gaming establishments sector includes the bar network, and gaming, bingo and Kinzo halls.

3 The revenues generated by lotoquebec.com are included in both the lottery and casino portions of the financial results.

 

Source: Loto-Québec

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