Lottomatica Group S.P.A. Conducts Annual Shareholders' Meeting
- Approved 2011 Stand-Alone Financial
- Approved dividend of 0.71 per
- Appointed Donatella Busso as new Board of
- Approved new share buy-back plan, Group's
compensation policy, and new stock-based incentive plans
ROME (Italy) PROVIDENCE,
Rhode Island, U.S. (May 9, 2012)
S.p.A. held its Annual Shareholders' Meeting today, chaired by Lorenzo
Pellicioli, at which the Company's stand-alone financial statements for the
full year ended December 31, 2011 were approved, as well as the proposal for
the dividend distribution of 0.71 per share, for a total of 122.2
million. The dividend will be payable on May 24, 2012, with an ex-dividend date
of May 21, 2012, coupon no. 8. Additionally, Lottomatica Group presented to its
shareholders the consolidated financial statements and the corporate governance
report as of December 31, 2011.
2011 Key Figures and
Lottomatica Group's stand-alone Net
Income in 2011 was 51.66 million compared to 72.88 million in 2010.
Total Equity and Liabilities in 2011 were 5,143.69 million versus
5,193.27 million in 2010. Cash and Cash Equivalents at the end of 2011
were 15.3 million compared to 33.6 million in 2010.
The Shareholders' Meeting approved
the proposals of the Board of Directors to allocate a portion of the net
profits for completion of the legal reserve fund. The remaining portion of the
net profits, equal to 51.63 million, together with 70.58 million as
carried forward profits, will be used to distribute the ordinary dividend.
Appointment of New Board Of
Following the resignation of
Severino Salvemini which became effective at today's Shareholders' Meeting,
Donatella Busso was appointed by the Shareholders' Meeting as a new Director
upon proposal of majority shareholder De Agostini S.p.A. Donatella Busso
certified that she meets the requirements of independence set forth in article
148, paragraph 3, of the "Unified Financial Act" as well as in the Corporate
Governance Code promoted by Borsa Italiana S.p.A.. As a consequence, three
Board members out of a total of nine will qualify as independent members
pursuant to the law and the Corporate Governance Code.
New share buy-back plan, Group's
compensation policy, and new stock-based incentive plans
The ordinary Shareholders' Meeting
also approved a share buy-back plan that would authorize the acquisition and
disposal of ordinary shares of the Company. The plan allows the Board to
purchase, in bulk or in several stages, and on a revolving basis, a maximum
number of ordinary shares representing an interest not exceeding 20 percent of
the Company's share capital. The Company does not have any immediate plans to
The Group's compensation policy was
also examined. The Shareholders favorably resolved on the first section of the
compensation policy which relates to the policy for the remuneration in 2012 of
the Board of Directors and of the General Manager of the Company, as well as of
the other executives vested with strategic responsibilities. The Meeting also
approved the 20122016 stock allocation plan, and the 2012-2018 stock
option plan, both reserved for employees of Lottomatica and/or of its
Related press releases: April 24,
April 18, April 11, and April 5, 2012; March 9 and 8, 2012
The manager responsible for
preparing the Company's financial reports, Alberto Fornaro, declares, pursuant
to Article 154-bis, paragraph 2, of the Consolidated Law on Finance, that the
accounting information contained in this press release corresponds to the
document results, books, and accounting records.
Lottomatica Group is a market leader
in the Italian gaming industry and one of the largest Lottery operators in the
world based on total wagers and, through its subsidiary
GTECH Corporation, is a
leading provider of lottery and gaming technology solutions worldwide.
Together, the companies are the only vertically integrated full service lottery
group. Lottomatica Group is majority owned by De Agostini, which belongs to a
century-old publishing and media services group. Lottomatica is listed on the
Stock Exchange of Milan under the trading symbol "LTO". In 2011, Lottomatica
Group had 3.0 billion in revenues and 8,000 employees in over 60
For further information CONTACT:
Robert K. Vincent
Lottomatica Group S.p.A.
T. (+1) 401 392 7452
Lottomatica Group S.p.A.
T. (+39) 06 51899030
SOURCE: Lottomatica Group S.p.A.
Community Consultation Public
MELBOURNE, Victoria, Australia (May
7, 2012) -- The Minister for Gaming, the Hon. Michael OBrien MP, seeks
the Victorian communitys views relating to a proposal from public lottery
licensee INTRALOT Australia Pty Ltd to allow the sale of certain lottery
products in hotels and clubs with a liquor licence.
Consultation Paper - Public
Request For Comment On A Proposal
To Allow The Sale Of Certain Lottery Products In Hotels And Licensed
The Minister for Gaming, the Hon.
Michael OBrien MP, is seeking your views on a proposal to allow the sale
of certain lottery products in hotels and clubs with a liquor licence.
INTRALOT Australia Pty Ltd (INTRALOT) holds a public lottery licence
that authorises it to conduct the following lotteries:
- Instant Lottery Games (Lucky Scratchies)
- Keno 10/20/70 (Lucky Keno)
- Pick 5 Heads or Tails
- Cross & Match (Lucky Lines)
- Lucky Bingo Star
- Pick 3.
Section 5.3.16 of the Gambling
Regulation Act 2003 (the Act) allows a public lottery licensee to request that
the Minister amend its licence. A request for an amendment can include a change
to the products offered or the places in which lottery products can be
INTRALOT has requested an amendment to its
licence to enable the sale of its Instant Lottery Games (Lucky Scratchies) in
hotels and clubs with a liquor licence.
When deciding whether to make such
an amendment, the Minister must consider whether the amendment:
- is in the public interest
- is consistent with the tenor of the original
- would have an unduly adverse effect on any other
public lottery licence.
The Minister can approve an
amendment in full or in part, or can refuse to amend the licence.
The Victorian Governments
gaming policy contains a commitment to Ensure that any proposal that
could have the effect of expanding access to gambling in any significant manner
is subject to a rigorous public interest test and genuine community
In accordance with this commitment,
the Office of Gaming and Racing is seeking the views of the Victorian community
on the proposal to allow the sale of Instant Lottery Games (Lucky Scratchies)
in hotels and licensed clubs.
How to make a submission
A submission may be as long or as
short as you like. There is no prescribed format. However, your submission
should be limited to your views on the distribution of Instant Lottery Games
(Lucky Scratchies) in hotels and licensed clubs. Submissions on other matters
will not be considered.
All submissions, including the name
of the person and/or organisation making the submission, will be published on
the Department of Justice website (addresses, telephone numbers and email
addresses will not be published)
You can send your submission by
or via post to:
Lotteries Public Consultation
Office of Gaming & Racing
Department of Justice
PO Box 18055
Collins St East
MELBOURNE VIC 8003
Submissions must be received by
close of business on 28 May 2012
SOURCE: Department of Justice.
Scientific Games Announce First Quarter 2012 Results, Revenue
NEW YORK, N.Y. (May 9, 2012)
-- Scientific Games Corporation today announced results for the first quarter
ended March 31, 2012.
- First quarter 2012 revenue and attributable EBITDA
increased 19% and 16%, respectively, versus the prior-year period
- Scientific Games' U.S. instant ticket and lottery
systems customers' retail sales increased 12.2% and 15.8%, respectively, in the
first quarter of 2012 compared to the prior-year period, based on third-party
- Global Draw's U.K. total gross win and gross win
per machine per day increased approximately 61.5% and 5.8%, respectively, in
the first quarter of 2012 versus the prior-year period
- Illinois Lottery instant ticket retail sales
increased approximately 27% for the first nine months of the lottery's fiscal
year ending June 30, 2012, which coincides with the operation of our Northstar
private management agreement
- Signed contract with the North Carolina Lottery to
provide Properties Plus® internet-based player loyalty rewards program;
Tennessee Lottery added Points for Prizes® store to its existing Properties
Plus program in February 2012 and the lottery achieved record instant ticket
sales in that month
- Signed agreement with the Hubei Lottery in China
to provide value chain management services, similar to the cooperative services
programs (CSPs) that the Company provides to many of its North American and
"U.S. lottery retail sales growth
levels in the first quarter of 2012 were among the highest that the industry
has experienced. This robust growth was driven by a variety of progressive
measures, including lottery private management, prize payout increases, and the
introduction of tiered pricing for national jackpot games. Additionally, the
advantages of private management have been illustrated by the strong
performance of the Illinois Lottery," Chairman and Chief Executive Officer
A. Lorne Weil commented. "I believe these types of progressive measures can
continue to drive growth for the lottery industry in 2012 and, more
importantly, should lead to opportunities with additional U.S. and
international customers, supporting industry growth well into the future."
Jeffrey S. Lipkin, Senior Vice
President and Chief Financial Officer, added, "We're extremely pleased with
our first quarter results. This strong performance is a testament to both the
stability and the diversity of our business, as well as the benefits of our
participation-based business model across our segments. Our investments in
revenue enhancing products, services and technology have driven our growth and
improved our operating leverage and return on invested capital."
Our 19% revenue growth in the first
quarter reflected strength in many areas of our company. Both segments of our
lottery business performed very well - Printed Products revenue increased 8.5%
and Lottery Systems revenue grew 14%. One factor driving these results was the
overall health of the industry. In the U.S., our customers' retail sales of
instant tickets rose 12.2% in the quarter and their sales of draw games grew
15.8%. Instant ticket sales were driven by strong performance in larger states,
while draw sales benefited from a record Mega Millions® jackpot of $656
million and the third largest Powerball® jackpot in the game's history of
$336 million, following the January introduction of the $2 price point for
There were several other factors
behind the growth in our U.S. lottery business, including strong instant ticket
sales to the Illinois Lottery. We believe that our success with Illinois
demonstrates the value to lotteries of focusing on revenue growth. Lotteries
are often highly constrained in terms of what they can do to support lottery
growth and instead try to improve their earnings by cost cutting. While many
would point to private management as the driver of Illinois' improved
performance, we think the causality is more complex, and that the improvement
was not just a result of private management but also due to a focus on
increased revenue generation. Notably, the vast majority of Illinois' growth
was from increased sales of instant tickets, where we are the exclusive
supplier. Elected officials and lottery directors are increasingly recognizing
that one of the easiest ways to increase state revenue and reduce budget
deficits is to outsource more responsibility for the lottery value chain to
experienced operators such as Scientific Games.
As a leading vendor to the lottery
industry, we provide technology, content, communication networks and business
processes to enable revenue-generating opportunities for our customers. Given
that we are often compensated on a revenue participation basis, the strength in
the U.S. lottery industry accrues to our benefit and was clearly reflected in
our performance this quarter. Additionally, we realized increased revenue from
customers in the Ukraine and the U.K., where we are also compensated based on
retail sales. Our improved year-over-year operating margins in Printed Products
reflect the operating leverage in this business, and was a significant
contributor to the nearly 16% growth in our attributable EBITDA this quarter.
Interestingly, strong overall growth
across our lottery businesses occurred despite softness in Italy and China,
which have historically been above average growth markets for the Company. In
Italy, retail sales of instant tickets declined by approximately 4% due to a
variety of factors including inclement weather and transit strikes that
disrupted deliveries to retailers. We also had challenging year-over-year
comparisons, in part due to the mix of products launched in the first quarter
of 2011, including the formal introduction of the EUR 20 ticket.
In China, instant ticket retail
sales grew 0.7% in the first quarter. We believe this performance was due in
part to product mix and challenging year-over-year comparisons. We are
cautiously optimistic that sales in China will accelerate as programs such as
the expansion of the retailer and validation network and the introduction of
additional licensed tickets begin to take effect.
Revenue in our gaming business
increased 81% in the first quarter, with Global Draw's U.K. total gross win and
gross win per machine per day increasing approximately 61.5% and 5.8%,
respectively. Following our successful roll-out of terminals to Ladbrokes'
entire estate last year, Ladbrokes' first quarter 2012 cash box improved nearly
17% year-over-year, demonstrating our ability to help our gaming customers
drive growth. The increased profitability of our Gaming service revenue in the
first quarter reflects the inherent operating leverage in this business.
We remain focused on developing and
delivering new and innovative content across our lottery and gaming businesses,
including new interactive content that may eventually be sold on the internet
as well as new games for our proven lottery retailer network and server-based
gaming terminals. We also continue to see increasing interest from our
customers in our internet-based player loyalty programs. We recently signed an
agreement with North Carolina to provide Properties Plus services, and the Iowa
Lottery extended its existing Properties Plus program with us. The Tennessee
Lottery added our Points for Prizes store to its player loyalty program in
February and achieved record instant ticket sales that month. We see additional
opportunities in the pipeline and believe that, as states ultimately begin to
provide internet-based offerings, our long track record as a proven and trusted
vendor will provide a competitive advantage.
First Quarter 2012 Financial
Revenue was $234.6 million in the
first quarter of 2012 compared to $196.7 million in the first quarter of 2011.
This 19% increase in revenue reflects growth across all of our operating
Operating income was $22.3 million
in the first quarter of 2012 compared to operating income of $14.4 million in
the prior-year period. This 55% increase primarily reflects the impact of
higher and a more profitable mix of revenue. Partially offsetting these results
was $2.9 million of employee termination and restructuring charges related to
Barcrest's exit from the analog amusement with prizes ("AWP") business and
Games Media reorganization and a $6.6 million year-over-year increase in
selling, general and administrative expense. The increase in selling, general
and administrative expense principally reflected $3.0 million in higher
compensation to support our growth initiatives, $1.2 million in higher
stock-based compensation and $1.5 million of incremental overhead from the
acquisition of Barcrest. First quarter 2012 operating income was also reduced
by $1.3 million as a result of damaged inventory and liquidation sales of
Barcrest analog machines as discussed below.
Net income in the first quarter of
2012 was $1.8 million, or $0.02 per share, compared to a net loss of $6.9
million, or $0.08 per share, in the prior-year period. In addition to the
impact of the items mentioned above, the increase in net income was driven by a
$1.6 million decrease in interest expense primarily due to a decline in
borrowing costs related to variable interest rate debt and the expiration of an
interest rate swap in October 2011, along with a $0.3 million decrease in
income tax expense. This was partially offset by $0.5 million of lower earnings
from equity investments and a $0.5 million decrease in other income.
Our share of EBITDA generated from
equity investments was $23.1 million in the first quarter of 2012, compared
with $21.2 million in the prior-year period. Attributable EBITDA was $86.7
million, compared to $75.0 million in the prior-year period.
Printed Products revenue increased
8.5% to $125.5 million in the first quarter of 2012 from $115.6 million in the
prior-year period. The increase in instant ticket revenue resulted primarily
from robust retail sales performance in the U.S. and certain international
jurisdictions where we are compensated based on a percentage of retail sales,
led by higher revenue in Illinois, Florida, Ukraine and the U.K.
Printed Products operating income
increased 22.5% to $35.1 million in the first quarter of 2012 from $28.7
million in the prior-year period. This improvement was primarily driven by a
$6.7 million benefit from higher and a more profitable mix of revenue and a
decrease of $0.4 million in depreciation and amortization. Selling, general and
administrative expense rose by $0.6 million primarily reflecting higher
compensation expense of $2.7 million, which was largely offset by a $2.2
million insurance recovery related to a customer claim.
Following a strategic review of our
global Printed Products business, we recently commenced a reorganization plan
to cease all printing and finishing activities at our Australia facility during
the second half of 2012, and begin printing instant tickets for customers in
this region at other Scientific Games' production facilities. We currently
expect to record employee termination and restructuring costs and accelerated
depreciation expense totaling approximately $8.5 million to $10.5 million as a
result of this reorganization. We expect the majority of the charges to be
incurred during 2012.
Lottery Systems revenue increased
14% to $64.5 million in the first quarter of 2012 from $56.4 million in the
first quarter of 2011, primarily reflecting bigger jackpots and higher instant
ticket validation revenue. The 60% year-over-year increase in sales revenue
resulted largely from increased sales of software and hardware to international
Lottery Systems operating income was
$8.3 million in the first quarter of 2012 compared to operating income of $10.1
million in the first quarter of 2011. This performance was principally the
result of a $2.8 million increase in selling, general and administrative
expense in large part due to an increase in compensation expense this year and
the favorable resolution of a legal matter during the first quarter of 2011,
along with an increase in depreciation and amortization. These results were
partially offset by a $1.4 million benefit from higher revenue.
Gaming revenue was $44.6 million in
the first quarter of 2012 compared to $24.6 million in the first quarter of
2011. This 81% increase in revenue was driven by the acquisition of Barcrest
($13.1 million), a 17% year-over-year increase in Global Draw's installed base
of server-based gaming terminals and a 5.8% year-over-year increase in Global
Draw's U.K. gross win per machine per day.
Gaming operating income was $1.0
million in the first quarter of 2012 compared to an operating loss of $2.3
million in the first quarter of 2011. This improvement was primarily due to an
$8.9 million benefit from higher revenue and a $0.5 million decline in
depreciation and amortization. While operating income benefitted from a higher
and more profitable mix of service revenue, this was partially offset by a less
profitable mix of sales revenue due to $0.5 million of losses from the
liquidation of Barcrest analog gaming terminals. Additionally, the
profitability of sales revenue was negatively impacted by a $0.8 million
write-down of Barcrest inventory due to a fire at a third-party warehouse
during the quarter.
As previously announced, during the
first quarter of 2012, we decided to discontinue Barcrest's analog operations
in order to focus solely on its digital server-based supply model. The decision
to exit from the analog business was part of a comprehensive strategic review,
which was designed to focus resources on those operations believed to have the
greatest potential for both Scientific Games and our customers. We also
reorganized our Games Media digital supply business to more effectively
capitalize on the Barcrest acquisition. As a result, first quarter 2012
operating income was negatively impacted by $2.9 million of employee
termination and restructuring costs and an additional $2.0 million to $3.0
million of charges are expected to be incurred during the balance of 2012.
However, we anticipate realizing cost savings as a result of this action
starting in 2012. Operating income was also impacted by a $3.2 million increase
in selling, general and administrative expense principally due to $1.5 million
of incremental overhead expense from the acquisition of Barcrest and $1.1
million of expenses including increased headcount and compensation to support
Liquidity and Capital Resources
At March 31, 2012, we had cash and
cash equivalents of $100.4 million and availability under our revolving credit
facility of $189.1 million. We had total indebtedness of $1,387.4 million as of
March 31, 2012, compared to $1,390.7 million at December 31, 2011.
We continued to closely monitor
working capital and capital expenditures, and focus on higher returns on
invested capital while investing in growth initiatives. Free cash flow for the
first quarter was $0.1 million, compared to $26.8 million in the prior-year
quarter. The year-over-year variance was due in large part to an improvement in
the payment terms for our Italian instant ticket contract, effective with the
new concession awarded to Lotterie Nazionali S.r.l. in October 2010, which
resulted in a large cash inflow in the first quarter of 2011.
About Scientific Games
Scientific Games Corporation is a
global leader in providing customized, end-to-end gaming solutions to lottery
and gaming organizations worldwide. Scientific Games' integrated array of
products and services includes instant lottery games, lottery gaming systems,
terminals and services, and internet applications, as well as server-based
interactive gaming machines and associated gaming control systems. For more
information, please visit our website at
Company CONTACT: Cindi Buckwalter,
Investor Relations (212) 754-2233.
SOURCE: Scientific Games
Winnipeg Blue Bombers Launch CFLs First Scratch Lottery
WINNIPEG, Manitoba (May 9, 2012) --
The Winnipeg Blue Bombers are proud to announce the launch of the Winnipeg Blue
Bomber Scratch Lottery in partnership with
Manitoba Lotteries and in
association with Western Canada
Lottery Corporation, Pollard Banknote Limited and Splashdot, a provider of online
The first scratch and win lottery in
Canadian Football League history offers ticket purchasers in Manitoba the
chance to win one of two $100,000 cash prizes plus other amazing instant
prizes. Ticketholders also can enter an online contest for a chance to win fan
experiences or merchandise.
The Winnipeg Blue Bombers
Scratch Lottery is a win-win for Bombers fans and the team, says
Garth Buchko, President and CEO of the Winnipeg Blue Bombers. Our fans
have the chance to win one-of-a-kind prizes and all the funds raised from the
lottery will go toward supporting the Winnipeg Football Club.
The $5 instant Scratch and
Win tickets will be available at more than 900 retail locations,
including all Lottery Ticket Centres in Manitoba. The Winnipeg Blue Bomber
Scratch Lottery prize offers ticketholders a chance to win:
- Two $100,000 cash grand prizes
- Over 200,000 single cash prizes
- $25,000 in Bomber Store gift cards
All ticketholders have a chance to
win one of 12 exclusive Winnipeg Blue Bombers Fan Experiential Prizes,
- One 10-year Winnipeg Blue Bombers Season Ticket
- One VIP Trip to Toronto to the 100th Grey Cup
Festival and Game
- One Ultimate Road Trip with the team
- A dinner with the teams offensive line or
defensive line at 529 Wellington
- Golfing with Blue Bombers legends
Manitoba Lotteries is very
pleased to partner with the Winnipeg Blue Bombers on the Winnipeg Blue Bomber
Scratch Lottery, says Winston Hodgins, President and CEO of Manitoba
Lotteries. This is an exciting year for the Winnipeg Football Club and
these tickets offer a unique opportunity for fans to show their
The tickets are on sale at the
following Winnipeg and Manitoba locations: 7-Eleven, Red River Co-operative,
The Bomber Store, McPhillips Station Casino, Club Regent Casino and all
individual Manitoba Lottery dealers.
Full details on contest rules can be
found at wclc.com and www.bluebombers.com.
keep it a game. All
patrons must be 18 years of age or older. Photo ID may be required.
About the Winnipeg Blue
The Winnipeg Blue Bombers have won
the Canadian Football League Grey Cup championship 10 times, most recently in
1990. The team has a consistent and loyal fan base with a passion for the blue
and gold. Investors Group Field, the future home of the Bombers, will open in
2012 on the campus of the University of Manitoba. The stadium will be capable
of hosting large-scale, sports and entertainment events as well as more
intimate gatherings. Seating capacity will be 33,500, with the ability of the
stadium to expand to more than 40,000 seats.
About Manitoba Lotteries
Manitoba Lotteries is a Crown
corporation of the Province of Manitoba that owns and operates Club Regent
Casino and McPhillips Station Casino, and Manitobas video lottery
terminal network. It supplies break open tickets and bingo paper in Manitoba,
and distributes and sells tickets for lotteries operated by the Western Canada
Lottery Corporation and the Interprovincial Lottery Corporation. Manitoba
Lotteries revenue supports priority government programming in health care,
education, community and social services and economic development.
SOURCE: Winnipeg Blue Bombers.
Unibet Q1 Revenue Up 36%, April Sales Strong
STOCKHOLM, Sweden (May 9, 2012) --
Unibet Group PLC (UNIB-SDB.SK), the Stockholm-listed online gambling operator,
Wednesday reported a year-on-year increase in first quarter net profit and
delivered an all-time high in gross winnings, and said that April revenues
continued the positive development from the first quarter.
"Unibet delivered another all-time
high in Gross Winnings powered by its market-leading sportsbook, Kambi Sports Solutions,"
Unibet chief executive Henrik Tjarnstrom said, adding that more than 15% of the
gross winnings revenue in the quarter came from re-regulated markets.
- April revenues continued the positive development
from the first quarter and recorded strong organic growth compared to the prior
year, the company said.
- Gross winnings revenue in the first quarter rose
36% to GBP51.12 million from GBP37.50 million in the same period last year.
- Operating profit in the first quarter rose to
GBP11.65 million from GBP11.17 million in the same period last year.
- Net profit in the first quarter rose to GBP10.76
million from GBP10.02 million in the same period last year.
At 0701 GMT, shares were up 4.7% at6
SOURCE: Unibet Group PLC.
New Jersey Lottery Fiscal Year 2011 Sales Set New Record At $2.6
Mean Record-Breaking Support For State Education And
TRENTON, New Jersey (May 4, 2012)
New Jersey Lottery
Executive Director Carole Hedinger today released the New Jersey Lotterys
Annual Report for Fiscal Year 2011 and reported that the Lottery surpassed $2.6
billion in sales representing a $31.5 million increase from FY 2010. As a
result of these record-breaking sales the Lottery contributed $930 million to
the State for aid to education and institutions, an increase of $6 million from
the prior year. FY 2011 is the fourth consecutive year that sales have crossed
the $2.5 billion mark.
State Treasurer Andrew
Sidamon-Eristoff praised the Lottery, saying, The $930 million in
contributions from the Lottery supports enhanced educational opportunities for
our school-age children and the students attending our colleges and
universities. The funding also improves the quality of life for our
developmentally disabled and our states veterans. These Fiscal Year 2011
revenues are a new record in Lottery contributions, and a welcome
The Lottery offers a unique
gaming experience for everyone, says Hedinger. Whether it is
our many diverse and exciting instant ticket games or multi-state jackpot games
like Mega Millions and Powerball, the Lottery continues to grow and evolve its
portfolio of offerings to the playing public to ensure that the needs of our
beneficiary community continue to be met in the years to come.
Hedinger also noted that the Lottery
is the States fourth largest individual revenue producer and that since
it was created in 1970, it contributed approximately $20 billion in support of
programs such as: county college capital improvement initiatives; school
nutrition efforts; the Marie Katzenbach School for the Deaf; the operation of
centers for the developmentally disabled, state psychiatric hospitals and homes
for veterans; higher education tuition and grants; and aid to colleges and
The Lottery continues to
function as an integral component of the states economy,
Hedinger added. It affords small, mid-size and large businesses a
revenue generation source and additional marketing opportunities that
non-lottery retailers do not have. The nearly 6,200 strong Lottery
retailer network received $147 million in revenue from earned lottery
commissions during this challenging economy, up $2 million from FY 2010.
Our efforts touch an array
of programs and services, going far beyond winning numbers and
multi-million-dollar jackpots. From the Veterans Home in Vineland to
Sussex County Community College, the revenues generated by the New Jersey
Lottery help make a difference in communities across the Garden
State, Hedinger said. The Lotterys contributions support
services and programs within the Department of Agriculture, Department of
Education, Higher Educational Services, Department of Human Services and the
Department of Military and Veterans Affairs.
The FY 2011 Annual Report and a
detailed look at Lottery funding distribution is available for download at the
NJLottery.net website by following the Where the Money Goes
About the New Jersey
Since its inception in 1970, the New
Jersey Lottery (NJLottery.net) has contributed over $20 billion to state
education and institutions. The New Jersey Lottery saved taxpayers over $930
million in Fiscal Year 2011 by returning game proceeds to important educational
programs and state-run facilities. Nearly sixty two hundred businesses
throughout the Garden State prosper from their partnership with the New Jersey
Lottery. Among the Lottery's beneficiaries are: veterans homes, community and
other colleges and universities, school nutrition programs, homes for the
developmentally disabled, psychiatric hospitals, higher education scholarship
programs and the Marie Katzenbach School for the Deaf.
NOTE: Fiscal Year 2011 Annual Report
Is Available for Download at NJLottery.net.
Media CONTACT: Judith L. Drucker,
Public Relations Manager, Phone: (609) 826-7477.
SOURCE: New Jersey Lottery.
Illinois Lottery Launch the First Major League Baseball Instant
Ticket Featuring Cardinals, Cubs and White Sox
Lottery Players Have The
Chance To Win Cash, Prizes And A Trip To The World Series
CHICAGO, Illinois (May 8, 2012) --
Illinois baseball fans can look forward to winning season tickets or even a
trip to the World Series this season courtesy of a series of
Illinois Lottery instant
Opening Day for sales will be
celebrated at Harry Carays today, with former Cubs player, Bill Madlock
and former White Sox player, Bill Melton hitting for the fences with a game
that has a top instant prize of $25,000.
Michael Jones, Illinois Lottery
Superintendent and former third baseman for the Sagamhara Dodgers of the Army
Occupation Forces Little League, announced that beyond cash, players of
the Chicago Cubs, Chicago White Sox and St. Louis Cardinals themed instant
games can win season tickets to the 2013 season and two all expenses paid trips
for four to this years World Series. This is the first ticket of its kind
The games also offer two ways to
qualify for the World Series, the standard second chance lottery used by
thousands of players or a unique entry for anyone playing
Mega Millions or the
lotterys first in the nation Internet Lottery Test.
The Lottery has never done
a baseball themed instant ticket, said Michael Jones, Superintendent
of the Illinois Lottery this summer, buying one of these beautiful,
almost collectible tickets, makes fun at the old ball park available at every
All teams are excited about this
ticket and are looking forward to the launch.
"The MLB instant ticket series is
a great opportunity for baseball fans to display their team spirit while trying
to win exclusive prizes like 2013 season tickets at Wrigley Field," said
Wally Hayward, Executive Vice President, Chief Sales and Marketing Officer,
"We'll be rooting for our fans to
scratch and win on these brand new Cubs-themed tickets."
The White Sox are thrilled
to partner with the Illinois Lottery on the Major League Baseball instant
ticket series, said Brooks Boyer, White Sox senior vice president of
sales and marketing. This is yet another fun way to engage with Sox fans
throughout the state of Illinois.
The $2 instant ticket series is now
available at more than 8,000 lottery retailers throughout the state. As with
all lottery tickets, the proceeds from these tickets will benefit the Common
School Fund and Capital Projects Fund.
Start thinking about who you would
take to the World Series or how many games you can see next summer at your
Everyone who plays has the same
chance to win a prize. In fact, the odds for all the prizes combined are
probably better than pitching a perfect game, which someone did just two weeks
ago! With the Illinois Lottery, anything is possible.
About Illinois Lottery:
Founded in 1974, the Illinois
Lottery has contributed over $17 billion to the state Common School Fund to
assist K-12 public schools, as well as the Capital Projects Fund. Play
Responsibly. Players must be at least 18 years old.
CONTACT: Chanele Newton Illinois
Lottery on Telephone 312-368-5814.
SOURCE: Illinois Lottery.
E-gaming Uncertainty Remains After Schleswig-Holstein
Schleswig-Holstein, Germany (May 6,
2012) -- Just days after the German state of Schleswig-Holstein issued its
first three internet gambling licences, the early results from the states
elections on Sunday (6 May 2012) suggest that there will be no greater
certainty about the regulatory status of internet gambling in
Schleswig-Holstein in the coming months.
The three licences were issued to
Betfair, Jaxx, and Oddest for sports betting by the previous coalition
government. This coalition was made up of the Christian Democrats (CDU) and the
Liberal Democrats (FDP). The opposition party, the Social Democrats (SPD), have
been strongly opposed to internet gambling regulation and indicated in the run
up to the election that they would repeal Schleswig-Holsteins regional
gambling act which was passed in October 2011.
Provisional results from the
election suggest the SPD could form the next government. No party has an
The predicted number of seats won by
each party is as follows:
- CDU: 22 seats
- SPD: 22 seats
- Greens: 10 seats
- FDP: 6 seats
- Pirates: 6
- SSW: 3
The role of the Green party could be
vital in determining the nature of the new coalition. 35 seats are needed for a
working majority of one vote. The CDU and FDP only have 28 seats combined.
Early on Sunday evening it appeared
the most likely coalition was the SPD, Greens, and SSW, although other
permutations were also suggested. The CDU angered the Danish minority during
the election campaign with one of its posters, so the SSW might be reluctant to
work with the CDU.
A SPD-Green-SSW grouping would have
a total of 35 seats. Mathematically this is a working majority but not a strong
one in terms of getting things done. The SPDs Torsten Albig, however,
believes such a coalition would work.
For the internet gambling operators
their best interests are served by a CDU-led coalition. After all, it was the
CDU that introduced internet gambling regulation in Schleswig-Holstein. An
SPD-led government, based on previous comments from the party on internet
gambling, would not be conducive to a good operating environment and would
likely lead to further legal challenges and regulatory confusion.
There are a further 37 applications
pending (23 for sports betting and 14 for online casinos) for licences that are
currently due to run until 2018.
The gambling licences
issued by Schleswig-Holstein could be some of the shortest awarded in history
if the SPD forms the next government. The three operators might argue that they
have been awarded licences until 2018 but governments make the rules and can
reposition the regulatory goalposts to suit their agenda. If the SPD really
wishes to repeal the regulation, nullify or restrict the licences it will find
a way to do so, argued Global Betting and Gaming Consultants
Director Lorien Pilling.
The e-gaming sector
desperately needs some regulatory certainty in Germany, not just in
Schleswig-Holstein. Unfortunately, Schleswig-Holsteins election results
have seemingly confused matters in the one German region where internet
gambling regulation had at least been passed.
About Global Betting and
Gaming Consultants (www.gbgc.com)
CONTACT DETAILS: Lorien Pilling,
Director, GBGC, Email: firstname.lastname@example.org
GBGC has established itself as
the most credible specialist international gambling consultancy in the world.
The company has work with or supplied information to over 400 clients the
majority of whom are 'blue chip'.
In addition to its consultancy GBGC
has produced six reviews of the global gambling market that have been widely
acknowledged to be the best available both in terms of both their detail and
accuracy. The latest Global Gambling Report was published in April 2012 and
extends to over 1,650 pages, covering more than 250 individual markets on every
- A specialist gambling consultancy the
companys directors have combined experience of more than 50 years in the
- International focus Between 2009 and 2012
GBGC has completed projects from Iceland to Nigeria, and California to
- Long-established GBGC has been in business
for more than a decade. Our clients include leading gambling operators,
financial institutions and consultancies, as well as newly established
GBGCs services and products
- Gambling data to support business plans or fund
- Specialist reports covering different areas of
- Validation and writing of business plans to support
- Jurisdiction selection based on the clients
- Review of strategy and operations
- New product evaluation
- Expert witnesses for legal disputes
- Extensive key contacts in all areas of the gambling
Gaming Laboratories International (GLI) Welcomes Rep. Ed Perlmutter
to Its Colorado Lab
Congressman Speaks of
Importance of Jobs in 7th District, Touts GLI's Hiring
GOLDEN, Colorado (May 9, 2012) -
Gaming Laboratories International
(GLI), the world's leading gaming testing laboratory and technical
consultancy, recently welcomed Congressman Ed Perlmutter (D) of Colorado's 7th
District to its lab in Golden, Colorado.
Joining Congressman Perlmutter were
Barbara Brohl, Executive Director, Colorado Dept of Revenue; Ron Kammerzell,
Director, Colorado Division of Gaming; and George Thomson, Senior Director of
Enforcement, Colorado Dept of Revenue. GLI President James Maida and GLI Senior
Director of Engineering Dave Daniels led the group.
The group toured the lab and
received demonstrations of GLI's world-class land-based and iGaming testing
techniques. The Congressman then spoke to the entire GLI Colorado lab staff,
delivering a clear message about the positive impact GLI's expansion of jobs is
for the 7th District and for the State of Colorado.
Congressman Perlmutter said, "It
was a pleasure visiting with the leadership and staff of GLI. As a growing
small business right here in Golden, GLI is a fantastic example of how
education, innovation and cooperation will lead to robust job growth and a
left to right: Ron Kammerzell, Director, Colorado Division of Gaming George
Thomson Sr., Director of Enforcement, Colorado Dept of Revenue Barbara Brohl,
Executive Director, Colorado Dept of Revenue Congressman Ed Perlmutter GLI
President/CEO James Maida GLI Sr. Director of Engineering Dave
"We have enjoyed a positive
working relationship with the Colorado Division of Gaming, and we are very
grateful to the Congressman, and to Ms. Brohl, Mr. Kammerzell and Mr. Thomson
for visiting our Colorado lab," Maida said.
GLI is in the process of increasing
its staff from 650 to 750 employees. The Colorado lab will see a large influx
of new employees, who will largely focus on iGaming testing. GLI has had a lab
in Colorado since 1995, and has twice expanded its footprint to accommodate
ever-increasing demand for its services.
"In regards to our jobs
initiative, we are very actively and aggressively attending area job fairs and
approaching local colleges and universities to recruit new employees from
within the State of Colorado, to help to further build the local economy,"
Employment information and
qualifications are available on GLI's website at:
GLI's Colorado lab is located in
Jefferson County, where Congressman Perlmutter has lived his entire life. The
Congressman has stated that his top priority in the 112th Congress is creating
good jobs for the hardworking people in Colorado.
For more than 20 years, Gaming
Laboratories International, LLC has been the world leader in providing
independent testing, inspection and certification services to the gaming,
wagering and lottery industry. GLI also offers independent network and
information security assessments to its regulatory, lottery and supplier
clients. With 20 laboratory locations located across Africa, Asia, Australia,
the Caribbean, Europe, North America and South America, GLI is the only global
organization of its kind to hold U.S. and international accreditations for
compliance with ISO/IEC 17025, 17020 and guide 65 standards for technical
competence in the gaming, wagering and lottery industries. For more
information, visit www.gaminglabs.com.
CONTACT: Christie Eickelman, Sr.
Director of Worldwide Marketing, +1 (702) 914-2220.
SOURCE: Gaming Laboratories
OLG Corrects Windsor Raceway's Statement
TORONTO, Canada (May 4, 2012) -- The
Ontario Lottery and Gaming
Corporation (OLG) is responding to correct the record regarding a Windsor
Raceway news release, issued today. OLG learned today that Windsor Raceway
announced it will cease operations this summer.
I am deeply disappointed
that Windsor Raceway is breaching a verbal agreement, said Larry
Flynn, Senior Vice President, Gaming for OLG. Earlier this week, I
personally participated in lengthy discussions which resulted in this
OLG is continuing funding
arrangements with every racetrack in Ontario until March 31, 2013, as long as
live horse racing events continue. This arrangement provides for a ten (10%)
percent share of slot revenue to operators and a 10 percent share to the local
The decision to end operations is
solely the decision of Windsor Raceway.
OLG responds below to Windsor
Raceways claims in todays news release, below:
1. Windsor Raceway statement:
Despite OLG reports, at this time no arrangement is in place to
facilitate any continued horse racing operations at the Windsor Raceway and
particularly not through March 31, 2013.
Fact: In OLGs March
12th news release announcing its modernization plan, OLG confirmed that it will
continue to provide funding to all racetracks through to March 31, 2013, as
long as live horse racing events continue at those sites. Communications
written, verbal and in-person - between OLG and all racetrack operators have
been ongoing. Specifically, Windsor Raceway received a letter on March 14,
2012, outlining the arrangement to continue horse racing operations. In
addition, Windsor Raceway received a proposed arrangement on April 12, 2012,
outlining detailed payments to the racetrack as long as live horse racing
2. Windsor Raceway statement:
Without such arrangements Windsor Raceway expects all operations at
Windsor Raceway will cease August 31, 2012.
Fact: Ending horse racing
operations is solely the decision of Windsor Raceway. OLG has confirmed through
ongoing communications with all racetrack operators that it will continue to
provide funding to all racetracks through to March 31, 2013 as long as live
horse racing events continue at those sites. Specifically, Windsor Raceway
received a letter on March 14, 2012, outlining the arrangement to continue
horse racing operations. In addition, Windsor Raceway received a proposed
arrangement on April 12, 2012, outlining detailed payments to the racetrack as
long as live horse racing events continue.
3. Windsor Raceway
statement: To facilitate an arrangement beyond August 31,
Windsor Raceway has advised the OLG it wishes to submit all outstanding issues,
including the conditions the OLG insists upon to provide any continued funding
for horse racing, to mediation but the OLG has refused.
Fact: Windsor Raceway
received a letter on March 14, 2012, outlining the arrangement to continue
horse racing operations. In addition, Windsor Raceway received a proposed
arrangement on April 12, 2012, outlining detailed payments to the racetrack as
long as live horse racing events continue.
4. Windsor Raceway statement:
Windsor Raceway hopes the OLG will meet to meaningfully discuss all
outstanding concerns in a timely manner so arrangements can be made to protect
the long and distinguished Windsor Raceway horse racing history.
Fact: OLG is always available
for discussion. Talks with Windsor Raceway continued this past week.
Windsor Raceway has received more
than $73 million in payments from OLG since 1998. In addition, the local horse
association received more than $73 million for its share of slot revenue. The
facility is currently operated by the Toldo family.
OLG is a provincial agency
responsible for province-wide lottery games and gaming facilities. Since 1975,
OLG lotteries, Casinos, Slots, and Resort Casinos have generated more than $34
billion for the benefit of the Province of Ontario. Gaming proceeds support
Ontario's hospitals, amateur sport, recreational and cultural activities,
communities, provincial priority programs such as health care and education,
and local and provincial charities and non-profit organizations through the
Ontario Trillium Foundation.
For more information CONTACT: OLG
Media Line, 1.888.946.6716.
SOURCE: Ontario Lottery and Gaming
Coalition Government Continues Record Investment To Tackle Problem
MELBOURNE, Victoria (May 1, 2012) --
The Victorian Coalition Government will provide record funding to tackle
problem gambling through the new Victorian Responsible Gambling Foundation
commencing in July.
Minister for Gaming Michael O'Brien
said the Coalition Government will spend $37.5 million this year to tackle
"In difficult economic times, the
provision of record funding to tackle problem gambling demonstrates how
determined the Coalition Government is to better address this significant
social issue," Mr O'Brien said.
"Victoria's economic challenges
are real, but the Coalition Government is taking a responsible approach to
enhancing frontline services, and taking new measures to protect the most
vulnerable Victorians, including at-risk gamblers.
"The funding will be provided to
the new independent Victorian Responsible Gambling Foundation that will soon
commence operation under the leadership of Professor Bruce Singh AM.
"The Coalition Government's
funding commitment represents a 41 per cent increase over the previous Labor
Government's gambling program funding. This funding will equip the Foundation
with significantly more resources to better tackle problem gambling and
encourage responsible gambling.
"The Foundation was a key
election commitment from the Coalition and will be responsible for problem
gambling research, treatment and counselling.
"It will also play a key role in
designing public education and communications campaigns to promote help
services and encourage responsible gambling," Mr O'Brien said.
The Victorian Responsible Gambling
Foundation is part of a suite of Coalition Government policies to tackle
The Coalition Government is
- Removing ATMs from gaming venues from 1 July
- Introducing legislation to extend this prohibition
to include alternative cash access facilities other than genuine EFTPOS;
- Introducing voluntary pre-commitment technology on
every gaming machine in Victoria by 2015-16;
- Conducting an Australian-first community education
campaign on the dangers of excessive online gambling;
- Banning isolation audio technology on gaming
- Banning moneyless gaming machines.
"The Coalition Government will
continue working to reduce the prevalence and severity of problem gambling
across Victoria," Mr O'Brien said.
The Victorian Budget also forecasts
a slight decline in electronic gaming machine tax revenue for 2012-13.
"The 2012-13 Budget forecast of
$1,121.6m in EGM revenue includes a portion of gaming licensing entitlement
payments from Labor's botched pokies auction.
"When this licence revenue is
excluded, the budget actually forecasts a slight decline of 0.32% in tax
revenue from EGM player loss, compared with the 2011-12 budget update.
"Of course, had the former Labor
government, including then-Gaming Minister Daniel Andrews, not blown $3 billion
of Victorian taxpayers' money through their failed pokies auction, Victorians
would have that money available to fund better services and
"In these difficult economic
times, the scale of Labor's $3 billion pokies auction disaster becomes even
clearer and demonstrates yet again that Labor cannot manage money," Mr
SOURCE: Minister For Gaming Michael
The Course is Set for the Liberalisation of the German Sports Betting
- Market Expected to Grow to CA. Euro 1.5
Billion By 2015
- New and comprehensive report on the
German betting and gambling market now available - just in time for the market
MUNICH, Germany (May 4, 2012) --The
German states will soon enact the new Interstate Treaty on Gambling, which will
liberalise the German sports betting market starting in 2012. Liberalisation in
general always sounds good, but the question is whether it will turn into a
success story in Germany. Therefore, the consulting and research company
MECN has analysed the
situation in depth and compiled the most comprehensive and detailed report on
the German betting and gambling market available.
Liberalising a giant
The discussion and legal disputes
will surely continue in the coming months and years, but it seems that for the
time being the final steps toward a liberalisation of the German betting market
have been taken. Thus, a giant gambling market embarks on liberalisation with
the support of a strong and growing economy. The figures regarding the size of
the German market are impressive:
Size matters with Euro 45 billion on
the table - In 2011 Germans wagered (turnover) a total of nearly Euro 45
billion, and gross revenues topped Euro 10 billion.
Sports betting estimated to grow to
Euro 1.5 billion - Many operators have their sights on the soon-to-be
liberalised sports betting sector, which is expected to grow to ca. Euro 1.5
billion in gross revenues by 2015 (+211% - CAGR 33%). The key growth driver
will be the retail sports betting segment where ca. 2,500 new betting shops and
countless new shop-in-shops/terminals are expected to open in the next few
Online gambling is worth ca. Euro 1
billion and will grow to Euro 1.7 billion by 2015 - The grey online gambling
market is estimated to be worth ca. Euro 1 billion (gross revenues), with
online poker the biggest segment. MECN and surveyed operators expect that by
2015 the total online gambling market (licensed and unlicensed - betting,
poker, casino, and lotteries) will grow to Euro 1.7 billion, with online
lotteries driving this development.
But liberalisation alone does not
automatically prompt applause - many issues still open There are many open
issues still to be resolved that will ultimately determine whether the
liberalisation will be a success. Martin Oelbermann (co-author of the study)
explains: "Since the experience with France, liberalisation alone no longer
automatically prompts applause. Aside from taxes, operators are also concerned
about other regulations, such as advertising restrictions, online
identification processes, IT systems, ... that will be imposed".
Many of these regulations require
in-depth analyses, and in many cases the details have not yet been specified by
the regulators. A key question is also whether the license issued by Germany's
northern state of Schleswig-Holstein, which has enacted separate, more liberal
regulations (also liberalising online poker and casino, lower taxes, ...), will
be valid throughout Germany.
MECN's new report -
The German betting and gambling market The increased complexity of the market
has also led to increased demands on market research and analyses. Therefore,
MECN spent several months compiling the most comprehensive, detailed, and
objective report on the German betting and gambling market. Among other topics,
it covers the following issues:
- Liberalisation on the federal/national level -
Up-to-date and in-depth information and analysis regarding the ongoing federal
liberalisation (new Interstate Treaty on Gambling), including detailed
explanations of regulations (e.g., taxes
- Schleswig-Holstein licenses - Comprehensive and
authoritative analysis of the liberalisation in the German state of
Schleswig-Holstein. This includes in particular a discussion of the relevance
of this license for any nationwide offers in Germany.
- 2011 market figures - In-depth assessment of market
sizes up to 2011. In particular, the report focuses on the retail and online
sports betting market.
- Forecasts up to 2015 - Detailed forecasts (to 2015)
for all online gambling segments as well as for the retail sports betting
- Analyses of operators' strategies - Analyses of
operators' strategic plans for Germany, including the current and future
relevant online and retail players, ...
- - Unique insights through a survey of market
insiders - Many analyses are based on the results and unique insights we
gathered from our extensive survey of German market insiders and operators.
- The study can be obtained at
- MECN is a network of experts on issues concerning
the media and entertainment industry. Together they provide in-depth knowledge,
analysis, and advice to global clients.
SOURCE: MECN Media Release Via
Codere Announce Appointment of Interim CFO
MADRID, Spain (April 25, 2012) --
Codere S.A. (the
Company) announces that Angel Corzo, Controller and member of the
Office of the Chairman, has been appointed interim Chief Financial Officer,
replacing David Elízaga, who has resigned to pursue a new professional
opportunity. The appointment shall be effective as of May 1st while the Company
continues the search for a permanent CFO.
Mr. Elízaga, who joined
Codere in 2005, has been a key member of its management team during a period of
strong growth and transformation, participating in all the Companys
financings and reorganization processes in recent years, and leading a
high-level financial team in the reinforcement of the Companys capital
structure for continued growth in Latin America and Europe.
Mr. Corzo, who holds a BS in
Aeronautical Engineering from UPM, and a Masters Degree in Strategic Management
from HEC, is Controller and member of the Office of the Chairman of Codere
since 2006. Through this role, he has been involved in the strategic and
operational decision processes for the Group and has supported the
Companys financing processes in recent years, being a key member of the
financial team. Prior to joining Codere, Mr. Corzo worked as a strategic
consultant at Monitor Group
José Antonio Martínez
Sampedro, Coderes Chairman and CEO, said On behalf of myself and
the Board, I thank David for his work, effort and dedication to Codere and wish
him all the best in his new endeavors. Codere is fortunate to have a strong
executive team, including such talent as Angel. Based on his expertise and rich
experience with us, we are positive on Angels appointment during this
About The CODERE Group
CODERE is a Spanish multinational
and one of the leaders in the private gaming sector in Spain and Latin America.
CODERE is listed in Spain and manages 57,000 gaming terminals, 190 gaming
halls, 798 betting spots and participates in the management of 3 horserace
tracks in Argentina, Brazil, Colombia, Spain, Italy, Mexico, Panama and
Uruguay. CODERE carries out online gaming activities in Italy, where it has
been granted the relevant licenses.
SOURCE: CODERE Group.
Crown Corporations Merger Moves Ahead With New Board and
- Merger to Reduce Spending,
- Enhance Front Line Services:
WINNIPEG, Manitoba (May 3, 2012) --
Innovation, Energy and Mines Minister Dave Chomiak, minister responsible for
gaming, today announced the members for the new Manitoba Liquor and
board of directors.
Chomiak is the lead minister on the
merger. In Budget 2012, we committed to finding creative ways to
reduce administrative spending and by merging two of our key Crown
corporations, we will cut costs and streamline operations, said
Chomiak. Today Im pleased to announce the new team that will
help carry that plan forward.
Budget 2012 announced the
governments plan to merge the Manitoba Liquor Control Commission and
Chomiak also announced the
appointment of Winston Hodgins as president and CEO of the new Crown
corporation. Hodgins has been at the helm of Manitoba Lotteries since 2000.
The minister noted that Tannis
Mindell, former secretary to Treasury Board has been appointed as chair of the
new corporation and that Leslie Turnbull, a former Manitoba Hydro board member
and partner with Viewpoints Research, has been appointed as vice-chair. Other
members of the new board include:
- Fran Frederickson, instructional designer for
Manitoba Public Insurance, former vice-chair of the board of the Manitoba
Liquor Control Commission;
- Jean Paul Gobeil, chartered accountant and
certified management consultant, former member of the Manitoba Lotteries
- Bob Mayer, practicing lawyer, former vice-chair of
the Public Utilities Board;
- Marion Moist, Manitoba Health employee, former
vice-chair of the Manitoba Licence Suspension Appeal Board;
- Arnold Ouskan, grand chief of the Keewatin Tribal
- Kevin Rebeck, president of the Manitoba Federation
- Gerald Rosenby, chartered accountant, former member
of the Manitoba Lotteries board; and
- Dave Schioler, CEO of the Insurance Brokers
Association of Manitoba.
The new board is a diverse
group of people with a diverse set of experiences. Working together, well
modernize the way these Crowns do business and ensure Manitobans are getting
the best possible value from the work the new merged corporation
does, said Chomiak.
A request for proposals has been
issued for a professional consulting firm to review and provide recommendations
and options on an implementation plan for the merger. Legislative changes will
be proposed in the next year that would produce a new act for the corporation.
Changes will also be proposed to the Gaming Control Act as liquor regulation
would be transferred to the Manitoba Gaming Control Commission.
Chomiak said Manitoba Lotteries and
the Manitoba Liquor Control Commission will continue to operate as they do
today until the merger is completed.
SOURCE: Minister Release Via
Sport Integrity in Danger EL Presents Its Sport
Stand United In The Fight Against Match-Fixing and Corruption
AMSTERDAM, The Netherlands (May 4,
2012) - At their General Assembly in Amsterdam this afternoon, Europes
state lotteries and state-licensed operators adopted with no opposing votes a
new landmark Sport Charter to the benefit and the further development of sport
Today, mainly through illegal
internet business, sport betting has developed into a global gambling service
and sometimes even a high-risk financial product, sometimes partially
manipulated by crime, undermining the fundamental values and objectives of
sport. By adopting their new Sport Charter, ELs members formalise their
commitment to defend the values of the European sport model in light of these
new challenges to the integrity of sport.
European Lotteries President
With the adoption of our Sport Charter today, ELs members show
that we stand united to defend the values of sport. It is our clear will to do
this together with the sport movement. We recognise that match-fixing is
perhaps the most serious threat to sport today, noting that in the past year
alone, there have been more than 300 cases of match-fixing. There is a clear
link to the proliferation of illegal gambling operators: of the 600 billion
global sports betting market, one fourth is estimated to be
The new Sport Charter goes further
than previous statements and commitments by calling - with due respect for
Member States and the national regulators competence - for the
implementation of well defined and properly regulated sports betting services
and the implementation of a procedure enabling the determination of the
conditions for authorizing live betting. The new Charter further highlights
that the prohibition of some forms of betting such as betting exchanges and
spread betting should be considered.
An integral part of the Sport
Charter is the Appendix, which will be continuously updated in cooperation with
members of the Sports movement. Jean-Luc Moner-Banet, Chairman of the EL Sports
Committee: We notably analyse the dangers of specific forms of betting
and make recommendations on critical issues such as payout rates and stake
limits, anti-money laundering measures, security and audit. We also clearly
state our support for the development of criminal procedures to fight
match-fixing - including the possibility of creating a specific penal sanction
for sports fraud.
The European Lotteries further
call for the establishment of a European agency/observatory, funded from
sport betting resources, to monitor the patterns and potential problems.
In line with the historic link
between lotteries and sport, the signatories of the new Charter commit to
following clear rules for sports sponsoring and enhancing the structural
partnership with the sports movement, in accordance with the European sport
Finally, EL calls for maintaining
the sustainable financial contribution from lottery revenue to the sports
movement through grassroots and amateur sport, which amounts to more than 2
billion EUR per year.
*The European Lotteries Sport
*Appendix to the EL Sport Charter
For further information please
CONTACT: Friedrich Stickler, EL President and Board member, Austrian Lotteries.
Tel. +43.1.79070.1300, Email: email@example.com.
Jean-Luc Moner-Banet, Chairman of
the EL Sports Committee and CEO, Loterie Romande, Tel. + 41. 21. 348.13.13,
Jutta Buyse, Acting General
Delegate, The European Lotteries, Tel. +126.96.36.199.20, Email:
The European Lotteries
The European Lotteries (EL) is the
European umbrella organisation of national lotteries operating games of chance
for the public benefit. EL has members from 44 European countries including all
27 EU Member States. The associations EU members contribute more than 20
billion EUR p.a. to the state budgets and the funding of sport, culture, social
projects, research and other causes of general interest. Unlike many commercial
online gambling operators, EL members only offer gambling and betting services
in the jurisdictions in which they are licensed by the respective national
EL is Europes by far largest
and geographically most representative association of gambling operators with
members from more than 40 European countries and includes the biggest
land-based sport betting operators in Europe. EL members offer sport betting in
23 out of 27 EU Member States.
SOURCE: The European Lotteries.
Bwin Enter Into a Formal Online Poker Agreement with American
SACRAMENTO, California (May 7, 2012)
-- bwin.party digital entertainment plc ('bwin.party' or the 'Company') and the
United Auburn Indian Community ('UAIC'), which owns and operates the Thunder
Valley Casino Resort near Sacramento, California, announced today that they
have entered into a formal agreement to offer online poker services in
California if suitable intrastate legislation is enacted in the state.
As a federally recognized California
Indian tribe that already operates a casino resort within the state, UAIC would
be a qualified license applicant under legislation proposed in the California
State Senate and would secure and maintain the necessary licenses to operate
online poker services in California. bwin.party would provide the technology
and operations expertise to power the services plus related support. The
Agreement would be for a 10-year period from the date that online poker
services are launched.
Commenting on today's announcement,
Jim Ryan and Norbert Teufelberger, the Co-CEOs of bwin.party, said:
"California is the largest state
in the U.S. in terms of population and is known to have a significant number of
poker players who like to play poker online. Combining our own
significant assets and resources with those of UAIC will create a strong
partnership that is well-placed to seize the opportunities that will arise if
appropriate online poker legislation is enacted in the Golden State."
David Keyser, Tribal Chairman of
"We see the legalization of
Internet poker and other Internet gaming as being inevitable. Having met with
representatives from a number of different online gaming companies, bwin.party
was our first choice as partner. With its unrivalled expertise in online
poker, proven technology and player loyalty we are confident of being able to
maximize the revenue opportunity from a regulated online poker market in
California and to continue to enhance the long-term prosperity of our
On 24 February 2012, Senators Wright
and Steinberg introduced legislation to regulate online gaming within
California. The Internet Gambling Consumer Protection and Public-Private
Partnership Act of 2012 (SB 1463) proposes, inter alia, to regulate license and
tax internet poker within the state of California. The current proposed rate of
tax is 10% of gross gaming revenue.
bwin.party digital entertainment plc
(LSE: BPTY) is the world's largest listed online gaming company. The Company
was formed from the merger of bwin Interactive Entertainment AG and PartyGaming
Plc on 31 March 2011. Incorporated, licensed and regulated in Gibraltar,
the Group also has licences in France, Italy and Denmark. With offices in
Europe, India, Israel and the US, the Group generated total pro forma revenue
of euro 816.0m and pro forma Clean EBITDA of euro 199.3m in 2011. bwin.party
commands leading market positions in each of its four key product verticals:
online sports betting, poker, casino and bingo with some of the world's biggest
online gaming brands including bwin, PartyPoker, PartyCasino and FoxyBingo. The
Group's scale, technology and strong portfolio of games collectively
differentiate its customer offer from those of its competitors. bwin.party is a
constituent member of the FTSE 250 Index and the FTSE4Good Index Series, which
identifies companies that meet globally recognized corporate responsibility
standards. For more information about bwin.party, visit www.bwinparty.com.
The re-establishment of the United
Auburn Indian Tribe began in the early 1990s when the United States Department
of Interior documented the existence of a separate, cohesive band of Maidu and
Miwok Indians, occupying a village on the outskirts of the city of Auburn,
California. A federally recognized Indian tribe, the United Auburn Indian
Community is a sovereign government and owns nearby Thunder Valley Casino
SOURCE: United Auburn Indian