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IGT Issues 12th Annual Sustainability Report

George Miller

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IGT Appoints Massimiliano Chiara as CFO and Announces Changes to the Board
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Externally audited 2018 report highlights Company’s achievements in corporate social responsibility leadership

International Game Technology has announced the release of its 12th annual Sustainability Report, which demonstrates the Company’s drive to create value globally, increase its socially responsible corporate citizenship, and report on its activities transparently.

IGT actively focuses our corporate social responsibility strategy on nine of the United Nations’ Sustainable Development Goals to continue strengthening our corporate leadership through advanced sustainability practices,”said Marco Sala, IGT CEO. “IGT’s 2018 Sustainability Report outlines achievements the Company has made in the last year that positively impact the global communities that we serve through a wide range of customer interactions, community involvement, and employee engagement activities.”

The 2018 report shows IGT’s commitments and achievements in generating value for a range of stakeholder groups, including employees, customers, communities, and suppliers.

Highlights of the report include:

  • Advancing Responsibility: IGT pursues the higher goal of earning and maintaining the trust of its stakeholders worldwide via programs, and solutions designed to guarantee fair play and sensible data protection. IGT is the only vendor with three distinct industry certifications for its commitment to responsible gaming. The Company was recertified by the World Lottery Association (WLA) for its Corporate Social Responsibility Standards and Certification Framework and successfully achieved responsible gaming accreditation from Global Gambling Guidance Group (G4) for its digital and gaming segments.
  • Economic Growth and Industry Innovation: IGT operates in more than 100 countries and is committed to working with its customers to understand their unique business challenges.
    • In 2018, IGT expanded its printing press in Lakeland, Florida to increase printing capacity by 30%, while improving efficiency, flexibility, and economic growth in the community.
  • A Fair and Inclusive Work Culture: IGT employs more than 12,000 employees in 58 countries and values the diversity its people represent. This diversity enables IGT to anticipate global business needs and better connect to customers and communities.
    • In 2018, IGT established the Executive Diversity and Inclusion Council, hired its first Vice President of Diversity and Inclusion, and established diversity inclusion groups, which are networks of employees built around underrepresented dimensions of diversity.
  • Empowering Our Communities: IGT engages in a broad spectrum of community involvement and employee engagement initiatives, providing educational and economic opportunities for people in varying socio-economic environments around the globe.
    • In 2018, “IGT Global Giving Week – a Day for Doing” was created for employees to volunteer and give back to their local communities. The week-long initiative encourages employees to take a paid day off to volunteer at a nonprofit of their choice.
  • Building Relevant Workforce Skills: The After School Advantage program is IGT’s flagship community initiative, providing non-profit community agencies and public schools with 300 digital learning centers in the past 20 years to help at-risk children gain critical, competitive skills. 
    • In 2018, IGT opened 15 After School Advantage labs internationally, and launched a plan to refresh the program with a greater focus on learning in Science, Technology, Engineering, Arts, and Math.
  • Reducing the Environmental Impact: IGT worked toward reducing its environmental impact around the globe in 2018 and targeted specific projects such as electricity and gas consumption, lighting, ventilation, and encouraging eco-friendly behaviors. These programs have saved enough energy to charge 182 million smartphones.

The 2018 report is available online at www.IGT.com.

 

About IGT:
IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Digital and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has more than 12,000 employees.

 

Source: IGT

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Compliance Updates

Greece Prohibits Advertisement on Online Slots

Niji Narayan

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Greece Prohibits Advertisement on Online Slots
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The Greek government has implemented tough norms on online gaming and advertising. As per the new norms, the maximum stakes of random number generator (RNG) games is limited to of €2, and maximum prizes are limited to €5000.

The slot games  should not be advertised anywhere outside of an operator’s own website. Gambling products other than slots can be advertised on social media but the operators must ensure that the ads are viewed only by persons over the age of 21.

There are several other provisions.

Online players now need to fix loss and time limits for play, and operators must inform players when they reach 80% of their limit.

Casino games will have a prize limit of €70,000 and sports betting will have a prize limit of €500,000 per bet.

Fees for for seven-year licences have been fixed at €3million for online betting and €2million for other forms of gaming.

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Industry News

Dutch Govt. Grants Power to Local Authorities to close Leisure Venues

Niji Narayan

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Dutch Govt. Grants Power to Local Authorities to close Leisure Venues
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In a significant move, the Dutch government has granted power to Dutch municipal health services (Gemeentelijke Gezondheids Dienst – GGD) to close leisure establishments such as casinos and slot arcades. The GGD can exercise this power, if needed, for containing the novel coronavirus (Covid-19) outbreak.

Dutch Prime Minister Mark Rutte and Health Minister Hugo De Jonge announced this decision amidst concerns about rising Covid-19 cases in the country.

Dutch gambling trade association VAN Kansspelen also issued a warning to its members to strictly implement all restrictions and ensire that customers follow all of the measures intended to limit the spread of the virus, such as keeping a distance from one another.

“The number of infections is increasing and people not adhering to the basic rules as closely, such as observing the 1.5m and hygiene measures,” VAN Kansspelen said. “The national government is taking measures to prevent further spread of the virus.

“As a sector, it is important to contribute to the prevention of infections. We therefore call on you to adhere to all protocols and the rules. Also inform your guests of this if they do not comply with this.

The Netherlands government allowed casinos and slot arcades to start functioning again on July 1, after closing in mid-March.

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SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown

Niji Narayan

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SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown
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Casino operator SkyCity Entertainment Group has once again closed down its flagship integrated resort SkyCity Auckland, after the New Zealand government revealed four new cases of community transmitted COVID-19 on Tuesday.

The cases have come as a huge shock to the country, which only 24 hours earlier had celebrated 100 days without a single new locally transmitted case of the coronavirus. Auckland has immediately been placed back on Stage 3 restrictions for three days as a precautionary measure, with the rest of New Zealand on Stage 2. Under Stage 3 lockdown, bars and many businesses will be closed, gatherings restricted to 10 people and travel in and out of Auckland mostly prohibited.

SkyCity’s casinos in Hamilton and Queenstown will remain open with social distancing measures in place.

“SkyCity is fully complying with this latest update from the New Zealand government. SkyCity is well prepared to respond quickly to these changes and is in a strong financial position to withstand the financial impacts of these temporary restrictions,” Graeme Stephens, CEO of SkyCity Entertainment, said.

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