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Lottery Industry News from Public Gaming Research Institute

Breaking News

Posted on Sunday August 16, 2020

DraftKings revenue up 24% for Q2

Posted on Sunday August 16, 2020

UK: World famous icons of British tourism and entertainment at risk unless Government moves to support casinos

BGC Chief Executive Michael Dugher said: “World famous and iconic venues like the Hippodrome and Les Ambassadeurs are not just part of our proud past, they want to be part of economic revival in the future. They are not looking for a hand out – they are looking to help out. By reopening safely so they can play their part in contributing to getting the economy moving again and to contributing vital tax revenues to the Exchequer. “Some of Britain’s most iconic casinos, who attract high spending visitors from around the world, are sitting idle whilst pubs and restaurants round the corner are open and doing a roaring trade.

Posted on Sunday August 16, 2020

'We are essential': Workers urge Cuomo to allow NY casinos to reopen

But we are closed and the eight tribal casinos are not. Neither are the casinos in Pennsylvania, Connecticut, New Jersey, Ohio. Everybody who would ordinarily be going to my casinos in an area where nobody is sick is now going to other casinos in areas where there are far more people testing positive than in upstate New York,"  said Vernon Downs and Tioga Downs owner Jeff Gural.

Posted on Sunday August 16, 2020

Inspired Reports Positive Second Quarter 2020 Results

"We are pleased with the fundamentals of our business as we have navigated the impact of the COVID-19 Closures. Given these closures, we expected a negative impact in the second quarter, however the implementation of aggressive cost-savings measures and the strong demand in our online business, which more than doubled on a pro forma basis versus last year's second quarter, helped to compensate for the retail closures and we were able to achieve EBITDA profitability during the quarter," said Lorne Weil, Executive Chairman of Inspired.

Posted on Sunday August 16, 2020

New Hampshire Unveils State’s First Retail Sportsbook with Robust Safety and Sanitization Measures

“The New Hampshire Lottery is excited to be working with The Brook and DraftKings to open New Hampshire’s first retail sportsbook, further establishing New Hampshire as a premier sports betting destination in the northeast,” said Charlie McIntyre, Executive Director, New Hampshire Lottery. “With more than 42,000 registered NH users, mobile sports betting is already attracting a new generation of players to the New Hampshire Lottery. The addition of The Brook’s retail sportsbook will only further support our efforts to maximize revenue for education in New Hampshire.”

Posted on Friday August 14, 2020

Virginia Lottery announces third-best year ever in Fiscal Year 2020 Lottery generated more than $595 million in profits for K-12 education in Virginia

“In a challenging year, the Virginia Lottery rose to the occasion with new technology, new types of games, and new ways of engaging with consumers,” said Virginia Lottery Executive Director Kevin Hall. “At a time when the gaming environment in Virginia is changing and expanding as never before, the Lottery continues to lead the way with integrity, solid business practices and innovation – all to benefit K-12 education in Virginia.”

Posted on Wednesday August 12, 2020

Scientific Games And InComm Expand Partnership To Advance Inlane, Point-Of-Sale Activated Lottery Technology

"Our vision for retail innovation includes integrated solutions that support lottery revenues with the most advanced technology possible," said Randall Lex, VP Lottery Retail Solutions for Scientific Games. "This partnership with InComm is another example of Scientific Games' commitment to invest in retail innovation that opens opportunities for lotteries to bring products safely, quickly and conveniently to players wherever they are." 

Posted on Wednesday August 12, 2020

Idaho Lottery Returns $55,500,000 to Benefit Idaho Public Schools

“This year we faced a significant test in responsibly providing meaningful resources to our beneficiaries, Idaho public schools and the Permanent Building Fund, but together with our players, our valued retailers, and vendors, we delivered,” said Jeff Anderson, Idaho Lottery Director. “Every time you play the Lottery, you do good for your community. You support jobs at local businesses, you benefit your local schools, and you have fun.”

Posted on Wednesday August 12, 2020

Grover Gaming Ranks in Top 200 on Inc. 5000 List

"We are honored to once again be recognized as one of the nation's fastest growing companies," said Garrett Blackwelder, Grover Gaming's Founder and CEO. "In a year that has been challenging for many in our industry, we have been able to continue our growth and add to our amazing team of humble, passionate people. I am particularly proud that Grover Gaming is ranked as the fastest growing company in all of Eastern North Carolina!"   

Posted on Wednesday August 12, 2020

Virginia Lottery launches IWG games becoming the Company’s 23rd WLA/NASPL iLottery launch

Rhydian Fisher, IWG CEO, said: “We’re so excited to be live in Virginia, our 23rd iLottery launch. The Virginia Lottery and its entrepreneurial approach to iLottery combined with the support of its platform vendor, NeoPollard, made it possible for us to execute a contract, integrate our RGS platform, and localize a set of games, all in a very short period of time. Clearly, the leading iLottery platforms have proven they can support the integration of independent game providers, like IWG, right during a program’s initial launch.” Kevin Hall, Executive Director of Virginia Lottery, said: “IWG has done a tremendous job delivering the first of many games from its portfolio to the Virginia Lottery. They, along with our partners at NeoPollard, completed this integration within a very demanding timeline. Having seen the success of Cash Expander with other lotteries in North America, we’re confident our own localized version will also appeal to a wide range of players here in Virginia.”

Posted on Tuesday August 11, 2020

INSPIRED EXPANDS NORTH AMERICAN PRESENCE WITH FIRST VLT PLACEMENT IN CANADA

“Following our highly-successful deployments in the United States, we are thrilled to debut our VLT products into Canada in partnership with WCLC,” said Brooks Pierce, President and Chief Operating Officer of Inspired. “WCLC operates over 4,000 VLTs in Saskatchewan and we believe this placement will be a great way for us to showcase the strengths of our offerings to the entire Canadian market.”

Posted on Sunday August 9, 2020

The Rise of Esports Betting

Posted on Sunday August 9, 2020

Caesars Reports Q2 Loss, Reeg Says Decision on iGaming, Sports Unit Could Happen This Year

The combined company’s properties were closed for all of April, with some regional venues coming back online in May. Since the middle of that month, 51 Caesars venues reopened. Caesars CEO Tom Reeg said the company is encouraged by operating trends, in a recent statement. Bullish commentary on regional casinos is on par with what Eldorado and the old Caesars said following reopenings and in the weeks leading up to finalization of the $17.3 billion takeover. 

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