INTRALOT announces that, through its wholly owned subsidiary in the UK, INTRALOT Finance UK plc, has concluded a Forward Start Facility Agreement for EUR 300 million (the "Facility"). The new Facility, which exceeded the initial target of EUR 250 million, will mature in December 2014.
GTECH Printing Corporation Selected By Santa Casa Da Misericordia De Lisboa (SCML) as a Provider of Instant Ticket Printing Services Following Competitive Procurement
“GTECH Printing Corporation has focused on exceeding SCML’s expectations in terms of the quality of products and services that we have provided, and we are grateful of their decision to continue working with GPC as their secondary instant-ticket supplier,” said Alan Eland, GPC President and GTECH North America Senior Vice President & Chief Operating Officer. "SCML has recently experienced significant growth, more than doubling instant-ticket sales since ¬¬¬-2010. We are committed to supporting SCML in sustaining that growth over the next two years, and beyond.”
GPC's parent company, GTECH Corporation, has provided SCML with online lottery products and services since 2001. By having the reliability and security of the GTECH technology along with GPC’s expertise in the instant-ticket business, SCML will benefit from this collective knowledge and ability enabling them to deliver more value to players across multiple product lines.
ALPHARETTA, GA – June 12, 2012 – Scientific Games Corporation (Nasdaq: SGMS) today announced its participation in the successful opening of the Oxford Casino in Maine. When Maine’s second casino opened its doors to the public on June 5th, Scientific Games’ AEGIS-Video™ Central Communication System enabled the gaming machines to go online seamlessly in coordination with the grand opening countdown. The gaming floor was opened and began 24-hour operations with no disruption to service. In December 2011, Scientific Games signed a five-year video gaming central system extension agreement with the Maine Gambling Control Board. Under the terms of the contract, Scientific Games agreed to provide real-time communication and control between every licensed video gaming terminal in the state of Maine, including the new Oxford Casino, as well as day-to-day management of the operation of the central system and service throughout the state. Scientific Games has an operational center in Gardiner, Maine that operates 24 hours a day, 7 days a week, 365 days a year for the Lottery and the Gambling Control Board. “Scientific Games has been our vendor since the first slot facility opened in the state in 2005 and we have been pleased with their reliability, support and service over the years,” stated Patrick Fleming, Executive Director of the Maine Gambling Control Board. “Once again, Scientific Games delivered. The facility and central monitoring and control system were ready ahead of schedule and their implementation was seamless - as soon as the countdown for opening reached zero, everyone began playing.” “We are very pleased to be a part of this special day at the Oxford Casino,” said Brennen Lawrence, Vice President of Video Gaming for Scientific Games. “We have been a partner to the Maine Gambling Control Board since the very beginning with the opening of the temporary facility in Bangor, so it was gratifying to see how successful the Oxford Casino opening was. Between the Hollywood Casino in Bangor and now the Oxford Casino, we believe the State is well positioned to benefit.”
Gaming Laboratories International (GLI) Earns Certification as Qualified Security Assessor from the Payment Card Industry (PCI) Securities Council
Treasurer McCord Assesses PA Lottery Performance, other States’ Experience with Lottery Privatization, Expansion in Latest Quarterly Report
Harrisburg – As the state considers privatizing management of the Pennsylvania Lottery, State Treasurer Rob McCord said the operation’s performance and the experience of the only other state to privatize – Illinois – warrant examination, which is why he selected this topic for the latest edition of The McCord Report.
“The Pennsylvania Lottery is an incredibly important asset to the state – especially for our senior citizens who depend on the revenues it generates for programs and services,” said Treasurer McCord. “As the custodian of the Pennsylvania Lottery Fund, I want to ensure we manage it properly and prudently. That includes making well-informed decisions about how we can maximize revenues.”
Treasurer McCord noted proceeds from the Pennsylvania Lottery supported more than 8 million hot meals and nearly 11.4 million low-cost prescription medications in fiscal year 2010-11. Over the same period, the Lottery provided older Pennsylvanians with $280 million in property tax and rent rebates, $214 million in support for the state’s 52 Area Agencies on Aging and other senior centers, and nearly $158 million in free and shared ride-assistance among other services.
The latest edition of The McCord Report looks at total sales and net revenues of the Pennsylvania Lottery over the past 10 years, and it calculates the average benefit per senior citizen by county. Additionally, the report compares the lotteries of Pennsylvania and the nine other largest operations in the United States. The Commonwealth operates the seventh largest lottery in the country in terms of total revenues in the last fiscal year. Of the six ahead of Pennsylvania, four offer additional games such as Keno or video lottery terminals. The comparison provides details on total revenue per adult resident, total administrative costs, and administrative expenses as a percentage of sales for each of the top 10 states.
One of those other “Top 10” states is Illinois, which became the first state to privatize management of its lottery in January 2011. Illinois signed an agreement with Northstar Lottery Group. Northstar assumed its management responsibilities in March 2011, making July 1, 2011-June 30, 2012 the first full fiscal year in which it has operated the state’s lottery.
Northstar’s plans called for increasing the percentage of Illinois’ adult population who are lottery customers, adding new games, and expanding the number of retail outlets. The group also proposed a greater online presence, which would allow for a player loyalty program and subscription service. In March, Illinois became the first state in the country to sell lottery tickets via the Internet.
In April, the Corbett administration issued a request for qualifications to pursue a private management agreement for the state’s lottery.
“This is relatively unchartered water,” said Treasurer McCord. “While a number of other states are considering the privatization of their respective lotteries, only Illinois has executed such an agreement. We continue to watch the results unfold there and will revisit that topic in future editions of our quarterly report.”
The Treasurer also pointed to Pennsylvania’s neighbors, Maryland and Ohio, which each introduced Keno to boost sales revenues. Keno players attempt to match their numbers to numbers drawn frequently throughout the day, as often as every four minutes. Over the last decade, Keno accounted for nearly half of Maryland’s increase in lottery revenues. In Ohio, the game has been responsible for 86% of the increase in revenues since it was introduced in 2009.
The McCord Report offers unbiased information on timely topics affecting the state and its economic health. Earlier issues have looked at public funding for transportation and higher education, the state’s debt level, and the issue of privatizing Pennsylvania’s wine and spirits stores.
(Baltimore) –The Board of Public Works today approved the Ravens Cash Fantasy ticket, which will offer more than $11 million in instant cash prizes, including five opportunities to win $250,000.
As in previous years, the ticket will feature a second-chance promotion, which includes a $1 million cash prize as well as experiential prizes such as season tickets for life (20 years), season tickets for one season, game-day tickets, away trips with the team and other prizes. Players will be able to go to the website at mdlottery.com/ravens and enter the special code on the perforated portion of the Ravens Cash Fantasy scratch-off. Last year, more than 71,000 players registered online for the second-chance promotion.
Ravens Cash Fantasy is expected to be released in early August. The ticket will be sold at every Baltimore Ravens home game and will be available at the more than 4,200 Maryland Lottery retail locations across the state.
"We look forward to partnering with the Baltimore Ravens for the fourth year in a row," said Maryland Lottery Director Stephen Martino. "We expect this year’s Ravens Cash Fantasy scratch-off to be just as popular with Lottery players and Ravens fans as it has been in past years.”
Since its inception in 1973, the Maryland Lottery has awarded more than $18.73 billion in prizes to players and $12.2 billion in revenue to the State of Maryland. One of Maryland’s largest revenue sources, the Lottery supports important state programs and services including education, public safety and health, human resources and the environment.
Gaming Laboratories International (GLI) Brings Global Professional Services And iGaming Expertise To Canadian Gaming Summit