Indiana State Lottery Commission to seek proposals from private-sector firms to improve lottery performance
"Governor Mitch Daniels has consistently challenged all of us to identify and implement changes that promote more effective and more efficient state government," said Hoosier Lottery Executive Director Karl Browning. "The goal is to become more strategic in our business approach in an effort to increase revenue for the State of Indiana."
The Lottery will conduct the solicitation in two steps. The first step, to be completed by mid-June, will identify an initial list of firms that have an interest in developing a bid to assist the Lottery with its operation. The second step, to be completed by September, will accept business plans and formal, binding offers from firms.
The Commission will be in a position by October to determine if an award is in the best interest of the State.
The initial step, known as a Request for Expression of Interest (RFEI), will be issued today and remain open until June 1. Details can be found at www.in.gov/ifa. Interested private sector firms are encouraged to respond as quickly as possible in order for the Lottery to begin the due diligence process.
Since its inception in 1989, the Hoosier Lottery has produced more than $4 billion in net income for the State of Indiana including $188 million in fiscal year 2011.
Colorado Lottery and Colorado Tourism Office Partner to Create “HIDDEN GEMS OF COLORADO” Scratch Ticket
Consolidated Financial Highlights • Revenues and EBITDA up 11% and 10%, respectively, versus 1Q 2011 • GTECH Lottery same store revenues up 12%; higher jackpot activity and strong instants performance contributing to growth • Significant contributions from Machine Gaming, 10eLotto, and Interactive in Italy • NFP at €2.65 billion versus €2.74 billion at December 31, 2011, due to strong cash flow generation • Net income (Parent) more than doubled to approximately €58 million • Board of Directors approves governance structure
GOLDEN, Colo. (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 healthy economy.” “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,” Maida said. Employment information and qualifications are available on GLI’s website at www.gaminglabs.com. 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.
SYDNEY, Australia (9 May 2012) – Aristocrat Leisure Limited (ASX: ALL) today announced that Atul Bali has been appointed to succeed Nick Khin as President, Aristocrat Americas, effective 30 June 2012 and subject to regulatory approvals.
Atul Bali will be joining Aristocrat from the XEN Group, where he has been CEO since 2010 and overseen the expansion of the Group’s portfolio of social media, data technology, online gaming and ecommerce businesses. Atul previously held leadership roles at Grupo Lottomatica, including President of the GTECH G2 division and Group SVP for Corporate Development and Strategy. A chartered accountant, Atul began his career with KPMG in the United Kingdom. Atul will move to Las Vegas in mid-June to facilitate a smooth leadership transition.
Nick Khin joined Aristocrat in 2002, serving in a number of senior roles in Australia and Europe before being promoted to lead the Americas business in 2008. After a decade with Aristocrat, and having made important progress in the critical US market over the past three and a half years, Nick has decided to take a break with his family before pursuing new opportunities.
Aristocrat Chief Executive Officer and Managing Director, Jamie Odell, said “I’m delighted to be welcoming a proven leader of Atul’s calibre to guide our Americas business through the second half of our turnaround program.
“Atul’s deep understanding of regulated lotteries, online gaming, gaming technology and other strategically significant opportunities makes him a particularly valuable addition to our team.
“In addition, Atul’s broad global experience and familiarity with the US market make him an excellent choice to build on the progress already made in the Americas and ensure we meet our full potential in what is a core region for Aristocrat.
“I also want to acknowledge Nick Khin’s leadership and outstanding commitment throughout his time at Aristocrat, particularly in driving significant change in our Americas business over the past three and a half years.
“On behalf of everyone at Aristocrat, I extend a warm welcome to Atul and wish Nick every success in his future endeavours,” Mr. Odell concluded.
ROME (ITALY) – PROVIDENCE, RHODE ISLAND (U.S.), 9 May 2012 – Lottomatica Group 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 dividend distributionLottomatica 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 Directors memberFollowing 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 plansThe 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 acquire shares.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 2012–2016 stock allocation plan, and the 2012-2018 stock option plan, both reserved for employees of Lottomatica and/or of its subsidiaries.Related press releases: April 24, April 18, April 11, and April 5, 2012; March 9 and 8, 2012DeclarationThe 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 countries.
TALLAHASSEE – The Florida Lottery announces that on April 30, 2012, the Miami District set a $1 billion sales record within a 12-month period. This is the first time in Florida Lottery history that any individual district has achieved this milestone. “It’s exciting to break sales records that have stood for nearly a quarter century and I want to recognize the hard work and dedication of both management and staff in the Miami District Office for this achievement,” said Florida Lottery Secretary Cynthia O’Connell. “Our diverse product line of Terminal and Scratch-Off games is generating excitement among our players and we are seeing the results. Year-to-date sales are running more than 11 percent higher than last year. The increase in sales also means additional revenue for education programs in Florida. We thank our players and retailers for their support and commitment to improving the lives of Florida’s youth.” There are nine Lottery sales districts statewide, each supported by a district office with staff dedicated to ensuring that retailers have the latest products available and are given the resources necessary to serve the needs of our players. All Lottery districts are on target to meet or exceed their individual sales goals for this year. The Florida Lottery offers seven Terminal games and approximately 60 Scratch-Off games at any given time through instant ticket vending machines or on-counter displays at more than 13,000 retailers statewide. Additionally, the Florida Lottery received approval this year from the Legislature to lease 350 full service vending machines which offer both Terminal and Scratch-Off games. Lottery contributions to education have exceeded $1 billion annually for the past nine years.
Lottery retailers in Kansas sold more Mega Millions tickets in the week leading up to the March 30 world record-breaking jackpot than in the first three months of the year combined. Lottery players -- even the ones who did not win the jackpot – are cashing in and so is the state.
Kansas had 82,798 winners in the mega jackpot draw, cashing in on prizes from $2 to the now $656 million jackpot amount ($218 million goes to the Kansas jackpot ticket holder) for a total of $219.3 million in prizes that will be paid to players.
The State of Kansas is a mega winner in its own right, netting approximately $2 million in profit from the sale of Mega Millions tickets alone since January this year. Add to that the required state income withholding from prizes paid to Kansas’ three top tier winners in last Friday’s draw, $7.9 million, and Mega Millions becomes a mega windfall for Kansas’ State Gaming Revenues Fund. The fund is dedicated to economic development initiatives, prison construction and maintenance projects, local juvenile detention facilities, problem gambling and addictions assistance, and the State General Fund.
“Each dollar we can transfer to the state is one dollar toward hopefully reducing the tax burden for Kansas residents,” said Dennis Wilson, Executive Director of the Kansas Lottery. “This Mega Millions jackpot may very well prove to be the catalyst for the Lottery’s biggest year ever.”
Between January 24 of this year, the last time the Mega Millions jackpot was hit, and the record $656 million jackpot last Friday, the Kansas Lottery sold approximately $6.7 million in Mega Million tickets. More than $4 million tickets were sold last week alone, with sales on the day of the draw reaching $3,500 per minute at times.
All this great news comes on the heels of another state lottery record – a six-week stretch of sales of more than $5 million per week, from February 4 through March 10. Then, three weeks later, sales skyrocket to $8.6 million, $4.1 million in Mega Millions sales alone, the week ending March 31.
So, in a year when the Kansas Lottery celebrates its 25th Anniversary, celebration is becoming a theme.
Lima, 26 April 2012 - INTRALOT’s subsidiary in Peru, INTRALOT de Peru, the leading lottery operator in the country, announces the launch of the pari-mutuel horse betting game “Polla & Pollon” on behalf of Jockey Club of Peru, as per the contract signed between the two parties on September 2011. INTRALOT de Peru has successfully developed the new exciting game within the time frame agreed and will offer it to the players through its extended retail network countrywide.
Mr. Vangelis Apostolakopoulos, Executive President and General Manager of INTRALOT de Peru, stated: “The successful development and launch of this new horse betting game in Peru confirm the unlimited capabilities of INTRALOT’s state of the art LOTOS™ operating system. We are really pleased to add “Polla & Pollon” to our diversified portfolio of gaming offerings. This also serves as a prime example of how INTRALOT’s “Racing for Lotteries” solutions enables Lotteries and Racing organizations to cooperate and expand their product offerings, combine their sales networks and benefit from unified gaming technology.”
Mr. Fernando Drago, Horse Racing Manager of Jockey Club of Peru, stated: “We are pleased that with INTRALOT’s technological support we have re-launched, as planned, the old and beloved “Polla and Pollon” game. We are confident that, thanks to INTRALOT’s wide network of PoS, the new game will be embraced by even more players and will soon become one of their favorite games.”