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Lottery Industry News from Public Gaming Research Institute

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Posted on Sunday May 26, 2019

INTRALOT exhibits its holistic gaming solutions portfolio at the EL CONGRESS 2019

“INTRALOT, based on its strategic approach “The Intelligent Future of Gaming”, has invested extensively in the development of next-generation gaming products and services designed to answer all the digital transformation questions for Lotteries, reveling INTRALOT’s comprehensive digital transformation strategy in a multiconnected world,” said Chris Sfatos, INTRALOT Group Deputy CEO.

Posted on Friday May 24, 2019

Jackpocket aises $30M in venture capital funding

New investors include PROOF and gaming industry veteran Gavin Isaacs. Existing investors BlueRun Ventures, Bullpen Capital, Conductive Ventures, DCM Ventures, Digital Currency Group, former NBA Commissioner David Stern and Subversive Capital also participated

Posted on Thursday May 23, 2019

INTRALOT applauds WyoLotto™ for their highest annual transfer to the Wyoming State Treasurer’s Office

Byron Boothe, Acting CEO of INTRALOT Inc., commented: “The Board, the Management, and the entire Lottery Corporation should feel proud of how much they've accomplished in a relatively short period of time. We're looking forward to providing new ways of fun and entertainment for Wyoming players. Most importantly, we're excited about generating revenue for the State of Wyoming and contributing to the local community for good causes”.

Posted on Wednesday May 22, 2019

KENTUCKY LOTTERY SURPASSES $1 BILLION IN SALES FASTER THAN EVER BEFORE

The Kentucky Lottery has earned over $5.3 billion for the Commonwealth since 1989. KLC dividends pay for college scholarships, grants and education programs. Visit kheaa.com to find out more about grants and scholarships paid for by the KLC.

Posted on Monday May 20, 2019

International Game Technology PLC Reports First Quarter 2019 Results

"Our first quarter results confirm the consistent growth profile of our global lottery business and the progress we've made in sales of gaming machines, where global unit shipments increased 20%," said Marco Sala, CEO of IGT. "The results of our Italy operations are also noteworthy, with further growth in lottery and resilient machine gaming performance. As we look to the future, our focus remains on improving revenue and profits from gaming activities, innovating with new lottery games and technologies, and pursuing emerging growth opportunities."

Posted on Sunday May 19, 2019

World Lottery Association president urges veto of warning labels

Rebecca Paul Hargrove, now president of the World Lottery Association, said Florida could set an unfortunate precedent. Should the bill (HB 629) become law, it could hurt lottery-funded programs nationwide. “The instant scratch-off games have been around for over 45 years, and sales of these games continue to grow every year,” Hargrove wrote in a letter to DeSantis, “but more importantly the sales of these games continue to grow funding for good causes every year.” Hargrove said $50 billion worth of lottery tickets get sold each year nationwide. That raises about $10 billion to support various programs benefiting the public. In Florida, she notes, the Lottery provides funding for public education. Since the program’s launch in 1988, some $35 billion has been generated for schools. That includes financing 800,000 Bright Futures scholarships.

Posted on Sunday May 19, 2019

Inspired Names Steve Beason New Group Chief Technology Officer

"Steve is an innovative and results-driven leader whom I've had the pleasure of working with during his tenure at Scientific Games," said Lorne Weil, Executive Chairman of Inspired Entertainment. "Given his unparalleled industry knowledge and extensive experience across the lottery, casino, interactive, horse racing and sports betting industries, he is extremely qualified to fill this role. I'm confident that Steve's leadership and proven track record are exactly what we need to enter the North American marketplace and take our business to the next level."

Posted on Sunday May 19, 2019

Tennessee Education Lottery Corporation (TEL) has surpassed $5 billion in funds raised to support education programs in the state

“It’s a special time of year for students and their families,” said Rebecca Hargrove, Tennessee Lottery President and CEO. “Graduating from a post-secondary institution is an achievement of a lifetime, and for many it could not have been accomplished without a Lottery-funded award.

Posted on Sunday May 19, 2019

Rhode Island Lottery is also moving ahead with mobile betting for two existing products, including Keno and scratch tickets

“I do not think it will cannibalize the existing sales of tickets and Keno,” Lottery Executive Director Gerald Aubin told NBC 10 in a statement.

Posted on Sunday May 19, 2019

GLMS highly welcomes the entry into force of the Macolin Convention

On May 16 Switzerland became the 5th state that ratified the Council of Europe Convention on the Manipulation of Sport Competitions

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