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Gioco Del Lotto - With The Juniorchestra Once
Again
ROME, Italy (October 2, 2007) - In
the 2007/2008 season, Gioco del Lotto renews its support for the JuniOrchestra.
The decision to participate in an important educational project such as the
JuniOrchestra, an initiative organised by the Education Sector of the Santa
Cecilia National Academy, stems from a profound belief in the educational and
social principles that animate the project.
The JuniOrchestra was established
one year ago, with the objective of encouraging youngsters to study music and
contributing to the education of young talents, offering them the possibility
to gain experience at the highest artistic level. The aim is to teach children
and young people how to enjoy music together and to nurture their musical
ability, while offering assistance to children from families with economic
problems.
This collaboration will be further
strengthened in November of this year when, thanks to the contribution of Gioco
del Lotto, the publishing house Palombi Editori will publish the first book
dedicated to the JuniOrchestra and the world of musical instruments. The pages,
illustrated by the skilled hand of Paolo Marabutto, will take young readers on
a journey into the fantastic world of musical instruments and the life stories
of important musicians.
For years, Gioco del Lotto has been
committed to promoting Italian artistic and cultural heritage, with various
initiatives designed to bring this culture to a wider audience, and it is from
this perspective that they have identified the JuniOrchestra as an additional
opportunity for investment. This can be seen by the numerous initiatives that
Gioco del Lotto has supported over the course of the year, from the exhibitions
at the Vittoriano Complex and the concerts at the Casa del Jazz in Rome, to
Cinema: Rome International Film Festival and Festivaletteratura in Mantua.
Since 2003, Gioco del Lotto has also
been the sponsor of the Parco della Musica Auditorium, the biggest multipurpose
centre in the country, which can be seen as a “culture and performance
factory” that hosts important art, dance and theatre events and
promotes new exhibitions, such as the Science and Philosophy Festivals, in the
splendid structure designed by Renzo Piano.
SOURCE:
Lottomatica S.p.A.
INTRALOT Wins A Licence To Operate Games In Victoria
Australia
ATHENS, Greece (October 10, 2007) --
INTRALOT, the leading supplier of
integrated gaming and transaction processing systems, expands further its
presence in the Australian market, after the Victorian Government’s
decision to break a 54-year monopoly of the public lottery licence.
Following an international tender
process, INTRALOT Australia Pty Ltd, a subsidiary of INTRALOT S.A., was granted
a 10-year licence to operate in the territory of Victoria a variety of lottery
and instant games. The current lottery operator will continue to operate the
existing lottery games which are combined with other jurisdictions.
INTRALOT is looking forward to
establishing a successful operation and contributing to new product ideas and
distribution methods that will provide greater convenience and choice for
Victorians. Through the new operation a substantial number of new employment
opportunities will be created. This, coupled with the significant investment
and the new revenues to be generated, will contribute to every aspect of the
state economy.
The overall investment is expected
to exceed AUD$12 million. The company will establish an expanded and modern
distribution network, based on a state-of-the-art online system that will
exceed 1.000 points of sale. Operations will start on the 1st of July, 2008.
The licence is expected to be signed in short time.
The Victorian lottery market, under
the monopoly, reached AUD$1,2 billion per year and is expected to substantially
grow under the new structure with the two operators.
The Premier of the State of
Victoria, Mr. John Brumby, said: "This competition will ensure a
substantially better return to Victoria over the next 10 years than if an
exclusive licence had been awarded to one company".
The Minister of Gaming, Tony
Robinson, stated: "The public interest is well served by an outcome that
delivers value for taxpayers, diversity and competition in the industry and
continues ease of access to the products".
INTRALOT S.A. CEO, Mr. Constantinos
Antonopoulos, said: "The company’s establishment in Victoria will have
mutual benefits both for the local community and INTRALOT. The international
experience of INTRALOT guarantees that the Government’s expectations will
be met in the most credible and responsible way".
About INTRALOT (www.intralot.com)
INTRALOT, a public listed company,
is the leading supplier of integrated gaming and transaction processing
systems, innovative game content and sports betting management, to
state-licensed gaming organizations worldwide. It’s broad portfolio of
products & services, its know-how of Lottery, Betting & Video Lottery
operations and its leading-edge technology, give INTRALOT a competitive
advantage which contributes directly to customers’ efficiency,
profitability and growth. With presence in over than 40 countries, with more
than 3,600 people and revenues of €791,4 m. for 2006, INTRALOT has
established its presence in all 5 continents.
For more information please CONTACT:
Ms Persa Kartsoli, Head Of Corporate Affairs, Phone: +30-210 6156000, Fax:
+30-210 6106800, email: kartsoli@intralot.com -
Scientific Games Inaugurates New Press in Georgia
Press Adds Capacity of up to
8 Billion Tickets per Year
NEW YORK and ALPHARETTA, Georgia
(October 10, 2007) -- Scientific Games
(Nasdaq: SGMS) announced the inauguration of the new high-speed "P6" printing
press in its Alpharetta, Georgia facility. The press, designed and custom-built
to the Company's specifications, will be capable of producing up to 8 billion
(2" x 4" equivalents) instant tickets per year and is believed to be the
highest capacity lottery press in the world.
This new press will add to the
facility's previous 23 billion of instant ticket capacity, boosting Scientific
Games' Georgia capacity by approximately one-third. This inauguration was
commemorated with a ribbon cutting ceremony attended by Georgia Governor Sonny
Perdue and Georgia Lottery President and
CEO Margaret DeFrancisco.
"We designed and built our newest
press in anticipation of continued strong demand for instant tickets. Instant
ticket sales have more than doubled in the past ten years and we need to be
prepared to answer the growing requirements of lotteries throughout the
world," said Michael Chambrello, President and COO of Scientific Games.
"Instant tickets now account for over half of all lottery sales in the U.S.
With this new press, our Alpharetta facility will be able to meet the demands
of the U.S. market for years to come and take on international production when
needed."
"Scientific Games has been a
great partner for the Georgia Lottery and a respected corporate citizen of
Georgia over the years. They have exhibited tremendous commitment to Georgia's
employment, technological and economic growth, and the investment in this new
press is a great example," said Georgia Governor Sonny Perdue. "I am especially
proud to visit with Georgia companies that are considered the leaders in their
industry and Scientific Games is leading the way in innovation and technology
in their field."
"Scientific Games has been the
instant ticket supplier to the Georgia Lottery since its inception in 1993.
Instant ticket sales have grown from $501 million in fiscal 1994 to over $2.3
billion in fiscal 2007, representing growth of over 362%," added Margaret
DeFrancisco, Georgia Lottery President and CEO. "This exceptional
performance has helped raise more than $9.3 billion for educational programs in
the state of Georgia."
About Scientific
Games
Scientific Games Corporation is the
leading integrated supplier of instant tickets, systems and services to
lotteries worldwide, a leading supplier of fixed odds betting terminals and
systems, Amusement and Skill with Prize betting terminals, interactive sports
betting terminals and systems, and wagering systems and services to pari-mutuel
operators. It is also a licensed pari-mutuel gaming operator in Connecticut,
Maine and the Netherlands and is a leading supplier of prepaid phone cards to
telephone companies. Scientific Games' customers are in the United States and
more than 60 other countries. For more information about Scientific Games,
please visit our web site at www.scientificgames.com.
SOURCE: Scientific Games. CONTACT:
Investor Relations of Scientific Games, +1-212-754-2233.
Executive Director of the South Carolina Education Lottery Elected
NASPL President
COLUMBIA, South Carolina, USA
(October 5, 2007) – The South Carolina
Education Lottery’s (SCEL) Executive Director,
Ernie Passailaigue, became
President of the North American Association of
State and Provincial Lotteries (NASPL) after an election held during the
NASPL meeting on Wednesday, October 3, 2007, in Lexington, Kentucky.
NASPL was founded in 1971 and has
grown into an active, professional association representing 51 lottery
organizations in North America.
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“This milestone was only
achieved because of the support and guidance received from the South Carolina
Education Lottery Commission combined with the staff’s hard work over the
past six years,” NASPL President Ernie Passailaigue said after being
elected to the post.
Tim Madden, Chairman of the South
Carolina Education Lottery Commission, added, “the Commission is very
proud of the leadership that Ernie has provided to the South Carolina Education
Lottery. He is a visionary, and his leadership will be an asset to the
national organization as the lottery industry faces continued
challenges.”
Ernie Passailaigue is the Executive
Director of SCEL and has been since its inception in 2001. He has served
in various offices in NASPL before being elected its president.
For further information, please
contact Julie Huffman at 803-737-2574.
SOURCE: South Carolina Education
Lottery. CONTACT: Julie E. Huffman, EL Communications Coordinator, Office 803)
737-2574: 3) 737-2893, (803) 667-2848
Email:
Julie.huffman@sclot.com.
AC Coin & Slot Surpasses Major Milestone
Slot Manufacturer Boasts
Over 3,000 Leased Machines Simultaneously Generating Revenue Throughout North
America
ATLANTIC CITY, New .Jersey, USA
(October 2, 2007) -- AC Coin & Slot today announced the achievement of a
major milestone: 3,000 proprietary bonusing slot machines simultaneously leased
and supported throughout North America.
This achievement is indicative of
the dramatic growth AC Coin & Slot has experienced since just three years
ago, when the number of simultaneously leased games in the field totaled 1,673.
This 61% increase can be attributed to a dramatic upsurge in the number of new
proprietary bonusing games created by AC Coin & Slot, the streamlining of
the company's sales, installation, and conversion/replacement process and an
intensified focus on end-to-end, on-site customer support.
"Increasing our distribution
network of leased slot machines is just one of the markers of AC Coin &
Slot's tremendous growth," said Jerry Seelig, Executive VP and General
Manager of AC Coin & Slot. "To grow at such a pace while sustaining our
longstanding relationships is only possible by progressively bringing
innovative products to market and reinforcing them with the most knowledgeable,
attentive support teams in the business. This is evidence of every division of
our company, from our sales force to our service technicians, working together
seamlessly to serve our casino partners."
AC Coin & Slot's growth over the
past three years has been consistent and diversified, covering all gaming
jurisdictions in North America. The company has reached its sales goals for
eight straight quarters, setting the goal for growth higher with each passing
quarter.
2007 in particular has been a
landmark year for AC Coin & Slot, witnessing the company's Mega Bonus
Slots(TM) international branding initiative and the launch of 14 different
proprietary bonusing slot machines. Stars of the 2007 lineup include Big Game
Show Bonus, which doubled and tripled casino slot floor averages in nearly all
installed locations, and Super Slotto Celebration, the company's eight-station,
community-style bonusing game that is positioning AC Coin & Slot as a
leader in the community gaming space.
SOURCE: AC Coin & Slot.
CONTACT: Matt Donaruma for AC Coin & Slot, +1-215-867-8600 ext. 257,
mdonaruma@garfieldgroup.com.
Norsk Tipping Boosts Lottery Sales With Cisco High-Definition Digital
Signage Network
Cisco Digital Media System
Delivers Timely Targeted Promotions for Norwegian National Lottery in Nearly
4,000 Retail Stores
OSLO, Norway (October 9, 2007) -
Norsk Tipping AS, the state-owned
national lottery in Norway, has installed the Cisco (NASDAQ: CSCO) Digital
Media System, a comprehensive digital signage solution for approximately 4,000
point-of-sale locations nationwide to deliver timely and targeted marketing
communications to customers. The new Cisco high-definition video solution has
contributed to reductions in the annual cost of printed marketing material to
retailers and is creating a solid foundation for in-store advertising sales and
interactive gaming.
The Cisco Digital Media System was
rolled out to Norsk Tipping's nationwide retail network in just six months,
helping the company to be one of the first to market in Norway with an in-store
digital signage network. The new solution helps Norsk Tipping offer
interactive, multiplayer games to counter the growing competitive threat from
online gaming sites.
With hourly broadcasts, Norsk
Tipping plans to deliver visually attractive, dynamic and targeted advertising.
It can broadcast up-to-date data, such as jackpot information and current odds
for Norsk Tipping's sports betting service, in real-time over the network.
Norsk Tipping also uses the Cisco Digital Media System to segment its
advertising, targeting its marketing messages based on the retail outlet's
focus. For example, Norsk Tipping can target its marketing to different types
of customers betting on specific games at specific times of the day. This
segmentation, combined with more compelling in-store advertising, will help
drive incremental sales for Norsk Tipping.
The digital signage system is
remotely managed from Norsk Tipping's headquarters and requires no on-site
technical support in the stores, which significantly reduces operating costs.
"The Cisco Digital Media System
helps us to deliver the right communications, at the right time, to the right
customer segments to generate incremental sales," said Stein Onsrud,
technology advisor at Norsk Tipping. "The Cisco solution met all our
requirements and distinguished itself with its reliability. It also distributes
digital media over our existing Cisco IP network, which has the scalability and
resiliency to support our thousands of retail locations."
"Norsk Tipping is an excellent
example of how the Cisco network can be the platform to help retailers drive
sales through more cost-effective and compelling marketing and advertising,"
said Thomas Wyatt, general manager of the Digital Media Systems business unit
at Cisco. "With digital signage, retailers can use targeted, eye-catching,
high-definition content to capture customer attention and change messages in
real time as product offerings or store conditions change. Retailers all over
the world are transforming their in-store customer experience using networked
digital signage."
Stein Onsrud added: "With its
flexibility and scalability, the Cisco Digital Media System is helping Norsk
Tipping to strengthen its brand, increase sales, make it more attractive for
retailers to sell our products and maintain customer confidence."
Norsk Tipping has deployed Cisco
routing, switching and video products, including Cisco Catalyst®6500 Series
Switches with the Content Switching Module and the Cisco Digital Media System
(Digital Media Manager and Digital Media Players). For more information about
the Cisco Digital Media System, go to www.cisco.com/go/dms.
About Norsk Tipping AS
Norsk Tipping is Norway's leading
games company, wholly-owned by the Norwegian state. The company's main
objectives are to provide the Norwegian people with responsible games and
entertainment within social acceptable conditions, and at the same time ensure
a secure and long-term profit for the beneficiary organizations.
The profit is divided equally
between the sports and culture sectors. In a transition period, a part of the
profit is also allocated to the research sector.
The company operates the games of
chance, Lotto, Viking Lotto and Joker; the games of skill, Tipping and Oddsen;
and the scratch game Flax. In addition, the company operates the TV game,
Extra, on behalf of the Norwegian Foundation for Health and Rehabilitation.
About Cisco Systems
Cisco (NASDAQ: CSCO) is the
worldwide leader in networking that transforms how people connect, communicate
and collaborate. Cisco news and information are available at
http://www.cisco.com. For ongoing news,
please go to http://newsroom.cisco.com.
Cisco equipment in Europe is supplied by Cisco Systems International BV, a
wholly owned subsidiary of Cisco Systems, Inc.
Cisco, the Cisco logo, Catalyst and
Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc.
and/or its affiliates in the United States and certain other countries. All
other trademarks mentioned in this document are the property of their
respective owners. The use of the word partner does not imply a partnership
relationship between Cisco and any other company. This document is Cisco Public
Information.
SOURCE: Cisco Systems, Inc.
Loto-Québec Modifies Its Procedures Concerning the Disclosure
of Lottery Winner Information
MONTRÉAL, Quebec, Canada
(October 4, 2007) - After a profound process of reflection concerning the
welcoming and media promotion of its lottery winners,
Loto-Québec is preparing to put
into place new procedures whose aim is to balance the right to information of
the public, with the security of winners. The Corporation's recommendations
have received the assent of its shareholder, the Minister of Finance.
Like all other North American
lottery corporations, Loto-Québec will continue to divulge the identity
of winners and to promote them in a respectful manner. “This is a
fundamental transparency issue,” stated Loto-Québec president
Alain Cousineau. “Citizens
and the media must have proof that jackpots have in fact been paid out, and be
able to know who the beneficiaries are. Recent events in Ontario have
demonstrated just how important public disclosure remains,” he added.
An exhaustive analysis
Before deciding on a new framework
for welcoming and media promotion of winners, Loto-Québec undertook a
rigorous exercise in research and analysis of current North American lottery
industry practices. “We noted that media promotion of winners takes
place in similar ways throughout North America. Moreover, even after numerous
news reports all across Canada subsequent to the well-publicized incident
concerning the Québec 27 million dollar winners, no lottery corporation
has changed its policies,” underlined Mr. Cousineau.
It is also worthwhile recalling that
the media promotion of winners is not exclusively done by Loto-Québec.
Since the end of May, when Loto-Québec stopped publicizing the names of
winners of 4 million dollars and more, various media outlets, on their own,
obtained information concerning the identities of three major winners and
decided to publicize them (a 10 million dollar win in the Drummondville region,
a 16 million dollar win in the Saguenay region, and a 5 million dollar win in
Louiseville).
Publicity and
supervision
In this context, in order to
attenuate as much as possible any potential inconvenience to winners,
Loto-Québec has decided to modify its procedures in the following way:
- A two week delay will apply
between the time when a jackpot is claimed and the issuing of a press release
to the media. This period will allow winners to catch their breath and to take
the steps of their choice with peace of mind (notify their family and employer,
meet with a financial adviser, change their telephone number, install an alarm
system, plan a trip, etc.)
- Aside from the name and the
photograph, information released about the winners will remain of a general
nature. As an example, we will indicate the winner’s region rather than
their town or village, the kind of work they do instead of their actual place
of work, and no details will be revealed concerning their family status, the
number and age of their children, etc.
- More tighter supervision of
winners will be ensured by Loto-Québec Customer Service staff. In
addition to the counselling and literature already available, millionaires will
be able to reach a Customer Service staff member via a dedicated telephone
number; furthermore, the staff member who greets a top prize winner will place
a follow-up call one month later to enquire about the winner’s new
situation.
- Winners will have the last word
concerning the possibility of holding a press conference. The pros and cons of
such an event will be explained to the winners by Loto-Québec, prior to
their making a decision.
“We are convinced that this
approach will give greater latitude to winners who go through a happy, if
stressful, experience, while preserving the principle of disclosure which is at
the core of our integrity,” concluded Loto-Québec president,
Alain Cousineau.
Information: Jean-Pierre Roy Media
Relations
514 499-5151
SOURCE Loto Quebec
Integrity in Sports Betting Position Paper
The UK Gambling Commission
Calls on the Betting Industry and Sports Bodies to Work Together to Uphold
Integrity in Sports Betting
LONDON, UK (October 4, 2007) –
The UK Gambling Commission today calls for
increased co-operation between licensed betting operators and sports governing
bodies to promote the integrity of British sports betting.
The Commission is working to uphold
the integrity of sports betting in Britain. From 1 September 2007 the
Commission has had the powers to act where there is a risk to their licensing
objectives which includes ensuring that betting is fair, open and
crime-free.
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The Commission has consulted widely
on possible further activity and in a paper published today it concludes that
more can be done to facilitate cooperation and shared understanding between
betting operators and governing bodies.
Following this morning's publication
the Gambling Commission's Director of Intelligence Andrew Rennison is speaking
to the British Association for Sport and Law's 15th Annual Sports Law
Conference at Wembley Stadium on Thursday afternoon. Andrew Rennison said:
"The Commission wants to ensure
that the sports governing bodies and the betting industry share sufficient
information to be able to identify risks to the integrity of sports
betting. To that end the Commission encourages the relevant parties to
share knowledge and best practice. The Commission will keep a watching
brief on any issues that emerge in integrity in sports betting.
"The Commission will continue to
monitor the impact of the new law through its compliance and intelligence
gathering functions but it is time for those involved to work together to
maintain the integrity of sports betting."
The Commission calls on the betting
industry and sporting bodies to:
- improve their understanding of
how each other's industry operates and to share information relevant to
integrity in sports betting;
- share knowledge and best practice
on sports betting integrity;
- continue to provide evidence of
incidents to the Commission that may impact on integrity in sports
betting.
Further
information
For further information please
contact: John Travers or Mark Lepkowski on 0121 230 6700, or email
communications@gamblingcommission.gov.uk.
Out of hours: 07950 572145 or 07852 124624.
Lottery Posts Best First-Quarter Sales in
History
Revenue Levels And
Individual Games Also Outperform Past Records
Baltimore, Maryland, USA (October 9,
2007) -- The Maryland Lottery wrapped up
its first quarter of Fiscal Year 2008 on September 30, 2007, achieving its
highest first-quarter sales ever. Sales totaled over $409 million –
more than $33 million above the previous high for first-quarter sales, which
occurred in Fiscal Year 2006. Total revenue for the quarter also reached
a new peak, as compared to the same time period in past years, generating more
than $129 million.
Several of the Lottery’s game
categories also broke records as the first quarter came to a close. Pick
4, Mega Millions, instant games, and monitor-style games – which include
Keno, Keno Bonus, and Racetrax® – generated their highest
first-quarter sales to date.
The Lottery’s recent success is
especially noteworthy, considering industry-wide sales traditionally taper off
during the summer months. “We are proud to be starting a new
fiscal year with such strong sales,” said Lottery Director
Buddy Roogow. “Given the
innovative mix of games and promotions we have planned, we expect sales to
continue to perform well throughout the year.”
Lottery officials attribute the
quarter’s success to a variety of factors. In August 2007,
Mega Millions experienced a streak of
jackpot rolls, ultimately producing a $330 million jackpot – the second
largest in the game’s history. The jackpot was split by four winners
nationwide, including one winner from Maryland.
Also contributing to the
Lottery’s record quarter were the release of new scratch-off games and the
ongoing success of the Lottery’s monitor-style games, which continue to be
expanded in retail locations statewide.
On a broader level, much of the
Lottery’s success lies within its commitment to creating and implementing
modern product development and marketing strategies and its ability to remain
at the forefront of technological trends. The Lottery’s new
state-of-the-art communications system and instant ticket distribution system
have made transactions and inventory methods more efficient for retailers and
more convenient for players.
Continuing its commitment to
generating increased sales, the Lottery plans to unveil many new games and
promotions during the year, including a brand-new line of holiday scratch-off
games that will be available in retail locations beginning this week.
SOURCE: Maryland Lottery. For
Information,
CONTACT: Carole Everett, 410-230-8800.
Bill Proposes To Lease The California Lottery To Help Pay For Health
Care Costs
Governor Schwarzenegger
Moves Forward With Health Care Reform Legislation, Compromise Enhances Original
Proposal, Maintains Core Principles
CALIFORNIA, USA (October 9, 2007) --
Governor Arnold Schwarzenegger today released language in bill form for the
Health Care Security and Cost Reduction Act (the Act), legislation that
reflects feedback from more than 1,000 meetings he and his health care team
held with stakeholders and legislative leaders regarding the comprehensive
health care reform proposal he announced in January.
The bill proposes to lease the
California Lottery to help pay for health
care costs.
In his speech Governor
Schwarzenegger said: “Now, our finance plan uses hospital and employer
fees, it uses funds from federal, state and county governments, as well as from
individuals, and we would use increased California lottery revenues by
licensing a professional company to manage the lottery. Through shared
responsibility, we can bring down the costs for everybody.”
The governor would have to place an
initiative on the November 2008 ballot to win voter approval for the financing
components of his plan, as Republicans in the Legislature are unlikely to
provide the necessary votes to approve it outright or place it on the ballot
through legislative action.
The following is an extract
from the Governor’s press conference today:
QUESTION: Governor, can you explain your
thinking behind this idea of privatizing the lottery?
GOVERNOR: We will never privatize the
lottery. The lottery always will belong to the State. We will
license, and like I said, it will be someone that will do a better job, and
will get more money for the taxpayers than we are getting right now.
QUESTION: And that means more money for
public education, doesn’t it?
GOVERNOR: Education will always be
protected, and also there will be money then to pay off the ERPs, for instance,
and it will have a great advantage on the budget, and also we could fund
important things like health care, because health care, as you all know, is
right now the most important thing in people’s minds. I think
everyone is very frustrated about the health care system that we have, because
everyone knows that we have, you know, the greatest doctors and the greatest
technology and medicine and everything, but our system has failed the people,
and this is why we want to reform health care and do it now.
QUESTION: Governor, on the subject of the
lottery, several experts have said since this first came out that you
couldn’t just lease it to someone to manage, you’d have to change the
way the games are played, you’d have to let people play the games
differently. Are you willing to let somebody change the way the lottery
works?
GOVERNOR: I think that it works, but the
only thing is it has not been done well. And I think there is so much
potential there, and we have gotten numbers all the way up to 37 billions
dollars. So I think the question really is, should we not really start
thinking creatively here? And this is why I’ve proposed that several
months ago.
QUESTION: Governor, do you have a
legislator who is going to introduce this? Is the Speaker on board with
introducing this? Where do the two of you stand on this?
GOVERNOR: The Speaker has asked me to
bring this in in a bill form, the language, and so then we will go from
there. But I think that we have really, as I said earlier, come a long
way with our negotiations, that it almost comes down now just to do numbers, a
few numbers, and also to the language. So this is why I think that we are
at that stage now that we can do that.
SOURCE: Office of the Governor.
Tattersall’s Receives the Major Victorian Lotteries
Licence
MELBOURNE, Victoria, Australia
(October 11, 2007) --Tattersall’s was
today advised by the Victorian Government that it had been awarded the major
licence for the operation of the State’s public lotteries through to
2018.
From 1 July 2008, Tattersall’s
will continue to provide Victorians with all lottery games where prize pools
are combined with lottery operators in other Australian jurisdictions. These
games are Tattslotto, Powerball, Super7’sOzLotto, Super 66 and The Pools
and comprise around 85% of total lottery sales in Victoria. Other lottery
games, including scratchies which are offered only in Victoria will no longer
be sold by Tattersall’s.
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Tattersall’s will continue to
support its high-value network of lottery outlets that employ around 3,000
Victorians. Lottery outlets will have dedicated Tattersall’s points of
sale within their shops and specialist lottery outlets, including kiosks in
shopping areas, will continue to sell only Tattersall’s lottery
products.
Tattersall’s will pay a premium
of $19 million over the 10 year term of the licence and will continue to
provide Victorians with improved and exciting new lottery games under the new
competitive regime established by the Government.
The Victorian public can continue to
expect that Tattersall’s will provide its lottery games and related
lottery products in a responsible fashion. As an Australian pioneer of
responsible gambling programs, Tattersall’s will continue to educate its
customers and retail outlet staff with responsible gambling training and
programs.
Dick McIIwain, Tattersall’s
Chief Executive and Managing Director stated that, “Tattersall’s
has demonstrated to the Victorian Government that it has the resources,
expertise, integrity and player trust to maintain and responsibly increase
lottery sales and in the process deliver over $3.7 billion in state lottery tax
and GST over the licence term.”
In the last financial year,
Tattersall’s paid the Victorian Government $375M in lottery taxes and
$875M in lottery and gaming taxes and levies. Lotteries contributed $35.3
million to Tattersall’s 2007 earnings before interest, tax, depreciation
and amortisation. Today’s decision will have no material impact on these
profits.
Victoria has been Tattersall’s
home for over 50 years and the community support formerly provided by
Tattersall’s is now being delivered through the philanthropic activities
of the Tattersall’s George Adams Foundation.
Tattersall’s has demonstrated
over its fifty years of continuous operations in Victoria that it has the
community’s trust, confidence and support, and looks forward to the
opportunity to continue this over the next 10 years.
SOURCE: Tattersall’s.
CONTACT: Media Michael Mangos - (03) 8517-7443 or 0419 551 980,
Analysts/Investors Gary Woodford - (03) 8517-7530 or 0417399204.
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