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Under the terms of the settlement, CHG will change out, and no longer use the game titles New Money, Arctic Cash, Arctic Ice and Welcome to Nugget Mountain, along with any associated artwork and characters, and any variations of these games. In addition, CHG will remove and no longer use certain machine features and paytables. All relevant games and machines will be modified by April 1, 2020.
CHG has also agreed to make a payment to VGT of $3 million.
Hector Fernandez, President, Aristocrat Technologies, Inc. said, “This settlement again confirms VGT’s (and Aristocrat’s) determination to protect our intellectual property, including VGT’s market-leading Class II portfolio. We will continue to be proactive and aggressive in defending our assets going forward.”
LONDON, Sept. 9, 2019 /PRNewswire/ -- International Game Technology PLC (IGT) ("IGT") today announced the successful pricing of €500,000,000 2.375% senior secured notes due 2028 (the "Notes").
Application has been made for the Notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.
Settlement of the Notes is subject to customary market and closing conditions and is expected to occur on September 16, 2019.
IGT intends to use the net proceeds from the sale of the Notes to repay in full utilizations under its senior revolving credit facilities and for general corporate purposes which may include the scheduled €320,000,000 amortization payment due under its senior term loan facility on January 25, 2020.
The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United Stateswithout registration under the Securities Act or pursuant to an applicable exemption from such registration.
The Notes are being offered and sold only (i) in the United States to qualified institutional buyers in accordance with Rule 144A under the Securities Act and (ii) outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any security, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Neither the content of IGT's website nor any website accessible by hyperlinks on IGT's website is incorporated in, or forms part of, this news release.
The distribution of this news release into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
In any European Economic Area Member State, this news release is only addressed to and is only directed at qualified investors in that Member State within the meaning of Directive 2010/73/EU, together with any applicable implementing measures in any Member State.
The communication of this news release and any other documents or materials relating thereto is not being made, and such documents or materials have not been approved, by an authorized person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the "FSMA"). Accordingly, such documents or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents or materials is exempt from the restriction on financial promotions under Section 21 of the FSMA on the basis that it is only directed at and may be communicated to (i) persons who have professional experience in matters relating to investments, being investment professionals as defined in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Financial Promotion Order"); (ii) persons who fall within Article 43(2) of the Financial Promotion Order; or (iii) any other persons to whom these documents or materials may lawfully be made under the Financial Promotion Order. Any investment or investment activity to which this news release relates is available only to such persons or will be engaged only with such persons and other persons should not rely on it.
IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships...
IGT intends to use the proceeds from the Offering to repay utilizations under its senior revolving credit facilities in full, for general corporate purposes, which may include the scheduled €320 million amortization payment due under the senior term loan facility on January 2020, and to pay certain debt issuance costs in connection with the Offering.
The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States without registration under the Securities Act or pursuant to an applicable exemption from such registration.
The Notes are being offered and sold only (i) in the United States to qualified institutional buyers in accordance with Rule 144A under the Securities Act and (ii) outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any security, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Neither the content of IGT's website nor any website accessible by hyperlinks on IGT's website is incorporated in, or forms part of, this news release.
The distribution of this news release into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
In any European Economic Area Member State, this news release is only addressed to and is only directed at qualified investors in that Member State within the meaning of Directive 2010/73/EU, together with any applicable implementing measures in any Member State.
The communication of this news release and any other documents or materials relating thereto is not being made, and such documents or materials have not been approved, by an authorized person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the "FSMA"). Accordingly, such documents or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents or materials is exempt from the restriction on financial promotions under Section 21 of the FSMA on the basis that it is only directed at and may be communicated to (i) persons who have professional experience in matters relating to investments, being investment professionals as defined in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Financial Promotion Order"); (ii) persons who fall within Article 43(2) of the Financial Promotion Order; or (iii) any other persons to whom these documents or materials may lawfully be made under the Financial Promotion Order. Any investment or investment activity to which this news release relates is available only to such persons or will be engaged only with such persons and other persons should not rely on it.
LONDON, Sept. 6, 2019 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"), signed a seven-year contract with the Mississippi Lottery Corporation to provide it with a draw-based central system, lottery terminals, and additional services. IGT signed an additional seven-year contract to supply the production of instant tickets, secure warehousing, and distribution of games. IGT was selected as the preferred bidder for both contracts following the State's competitive procurement. The two contracts have commenced and allow for up to three one-year extensions. The Mississippi Lottery Corporation is expected to sell the first ticket no later than December 1, 2019.
IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships...
"IGT's experience with providing leading technology, solutions, and services to startup lotteries is unparalleled, having helped 10 lotteries successfully begin their businesses in the U.S. since 1990. IGT will leverage our decades of experience and industry insights to help drive the success of the Mississippi Lottery Corporation, and to introduce compelling lottery entertainment throughout the State," said Jay Gendron, IGT Chief Operating Officer, Lottery. "IGT is committed to supporting the Lottery's short and long-term growth objectives by providing customized, high-performing back-office systems, tools that foster retailer and player engagement, strategic instant ticket development and production, and technology, games, and marketing support that establishes the Lottery as a reputable brand."
"We are thrilled to have IGT on board with the Mississippi Lottery Corporation," said Tom Shaheen, Mississippi Lottery Corporation President."We look forward to partnering with them in our effort as we pursue our mission of raising funds for roads and bridges throughout Mississippi."
The Mississippi Lottery Corporation will receive IGT's Aurora Platform and Retailer Pro, IGT's fastest and most innovative retailer-friendly draw-based lottery terminal. IGT's Retail Digital Media advertising display solution will be provided to stimulate brand awareness, winner awareness, and player recognition of jackpots and game activities, directly at the point-of-sale. The Lottery will leverage IGT's self-service point-of-sale devices including a combination of the GameTouch™ 28 vending machine for players to purchase instant tickets and the GameTouch™ 20 compact vending machine.
As part of the instant ticket contract, IGT will implement its complete instant game supply chain solution, Instant Advantage™, which includes a tailored and strategic approach to the way IGT will design and print instant ticket games for the Lottery. Secure warehousing and distribution of instant tickets to lottery retailers will also be provided.
IGT will also deliver marketing support, field services, primary and back up data centers, call center operations, software support, and retailer training.
IGT has maintained a presence in Mississippi since 1992 through its gaming operation and helped open the first casino in the State. Along with hiring new employees from Mississippi, IGT will open a local office and a warehouse in the Greater Jackson area near the Mississippi Lottery Corporation headquarters to ensure collaboration, maximize efficiency, and address opportunities.
Aristocrat’s new Winner’s World Multi-Game™ bar top cabinet is a revolutionary reinvention of bar top play. The cabinet is now installing at locations nationwide.View photos
Aristocrat’s new Winner’s World Multi-Game™ bar top cabinet is a revolutionary reinvention of bar top play. The cabinet is now installing at locations nationwide.
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This innovative product offers a completely different bar top play experience chock-full of entertainment-style and Buffalo keno games, poker games and player-favorite slot games including Buffalo, Buffalo Gold™, and Wild Lepre'coins™.
"While innovation abounds in every area of the casino, bar top play has been largely stagnant," said Hector Fernandez, president of Aristocrat Americas. "Winner's World Multi-Game™ offers a fresh take for our customers, and we're excited to bring player-favorite Aristocrat games to these venues for the first time."
Winner's World creates a streamlined bar top experience for players, operations and bar staff alike. The cabinet features the industry's largest floating 23.5" LCD tilted monitor complete with an easy-access USB phone charger. Additionally, the monitor boasts a flip top for fast and easy service while simultaneously eliminating counter space intrusion and downtime. Finally, the cabinet is equipped with Aristocrat's "smart-drink" tracking light, making it easier than ever to reward players.
"Winner's World Multi-Game has been an instant fan favorite across Boyd Gaming destinations nationwide," said Mike Laubach, vice president of slot operations. "We look forward to bringing this new and improved bar top play to our players throughout our portfolio."
For more information about Winners World Multi-Game, please click here. Additionally, to find where to play Winner's World Multi-Game, please click here.
IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships...
Patrons of the New York sportsbook can now place pre-match and in-play wagers over the counter or via the venue's 14 self-service betting kiosks through IGT PlaySports technology. IGT's sports betting platform and peripherals are now deployed in eight U.S. states: New York, Iowa, New Jersey, Pennsylvania, Rhode Island, West Virginia, Nevada and Mississippi.
"Adding Resorts World Catskills to the growing list of operators leveraging the IGT PlaySports platform reinforces the quality, versatility and market readiness of our omni-channel solution," saidEnrico Drago, IGT PlayDigital Senior Vice President. "The continued expansion of IGT PlaySports' footprint validates that we are serious about sports betting, and our '50-state solution' can service a diverse range of IGT customers spanning commercial and tribal casinos, lotteries and racetracks."
To learn why winners choose IGT PlaySports technology visit IGT.com.
“We are extremely pleased to welcome José Carlos Figueroa to GLI,” said Karen Sierra-Hughes, GLI’s Director of Latin America and Caribbean Government Relations and Business Development. “José Carlos’s years of experience as a regulator for the PRTC will be an invaluable resource for our esteemed clients and customers in the Caribbean and throughout Latin America.”
In his new role, Figueroa will maintain relationships with GLI’s regulatory and gaming supplier clients and will grow GLI´s business in the region. This represents an important addition to the group of highly skilled professionals that supports the Latin American and Caribbean region at GLI. His areas of expertise include gaming policy and regulatory development, gaming technology compliance and audit processes, and licensing as well as international government relations.
As the PRTC’s Deputy Gaming Director, Figueroa evaluated, supervised, and coordinated the activities of the Gaming Division Fiscalization Area.
Figueroa also served as licensing supervisor and gaming officer overseeing the operations of the PRTC’s Enterprise and Employee License Unit. Figueroa also analyzed implementation of casino internal controls and standard operating procedures. He also was a project manager for the development of gaming regulations and business intelligence applications of the Gaming Division. Additionally, he was the liaison between the Gaming Division and U.S. and international gaming jurisdictions.
Figueroa majored in Accounting at the University of Puerto Rico, where he earned a bachelor’s degree in Business Administration. He also holds certifications from the University of Nevada, Las Vegas in financial background investigation techniques, slot analysis, and sports betting. Additionally, he is certified by FEMA in Community Emergency Response Teams (CERT).
The following is an open letter by Frank Fantini, CEO of Fantini Research and Publisher of Fantini's Gaming Report:
The report by Union Gaming Analytics might have thrown cold water on plans for a Chicago casino as outlined in recently enacted gaming legislation, but in doing so, the report has opened a unique, once-in-a-lifetime opportunity for you.
My proposal is for Illinois and Chicago to take the exact opposite approach. Instead of proposing what would amount to a slot barn with little to no likelihood of success, dream big. Go for a world-class integrated resort reflecting Chicago’s status as a world-class city.
With a reasonable tax rate and assurance of a city monopoly, renown companies like Las Vegas Sands, Wynn Resorts and MGM Resorts would eagerly compete to build an integrated resort that would be an international tourist attraction.
Say to them: “Come on. Give us your best shot and whoever proposes a resort that will be internationally iconic will get the license.”
That is what Singapore did, and Las Vegas Sands invested $8 billion in building a property that features three high-rise luxury hotel towers supporting a SkyPark that spans all three.
Marina Bay Sands in Singapore generated more than $3 billion in revenue last year. Think of what half of that would mean for Illinois. And Las Vegas Sands is currently planning a $3 billion expansion.
In Macau, six casino companies have, and are, investing billions upon billions of dollars, and they’re doing it at approximately a 40 percent gaming tax.
The draw historically has been Asian high rollers who spend huge sums of money gambling. But the trend in Macau today is to build integrated resorts with compelling tourist attractions to appeal to the rapidly growing Chinese middle class and to tourists from throughout the vast Asia-Pacific region from Korea to Japan to Indonesia.
Las Vegas Sands flagship Venetian Macau generated $3.474 billion in revenue last year and it’s five Macau properties combined for $8.529 billion in revenue. No wonder the company, and its five competitors, are pouring in more billions of dollars to build resorts intended to make Macau the top tourist destination in Asia.
Consider Japan. The Big Three casino companies mentioned above all say they are willing to invest $8 billion to $10 billion for one of the three Japanese licenses, and that will be with a 30 percent gaming tax and plenty of restrictions aimed at guarding against problem gambling.
What would the big integrated resort companies be willing to invest in Chicago with the right economics? Maybe not as much as Singapore, Osaka or Macau, but you can bet it would be in the billions of dollars.
Two more things need to be part of this approach to making Chicago an international draw: 1) Escaping the fear about what an integrated resort would do to McCormick Place and 2) Putting the casino in the very best location for its success.
McCormick Place has nothing to fear from an integrated resort. In fact, the resort would make Chicago that much stronger a competitor for conventions.
Consider Las Vegas. MGM Resorts has been steadily building convention space and is now up to nearly 4 million square feet, with 2 million square feet at Mandalay Bay alone. Las Vegas Sands Expo Center is 1.7 million square feet.
What impact does this have on the Las Vegas Convention Center? It is investing $860 million on a project that includes adding 600,000 square feet of convention space to its current 2.2 million square feet.
In other words, more first-class convention space will make Chicago a more successful convention city.
Finally, the key to success is not high taxes and fees. It is in Chicago taking advantage of being an international, world-class city, and thereby generating far more economic benefit to the city and state than high taxes that preclude success.
Let the City of Big Shoulders be the City of Big Dreams. And accept no less.
Experienced success coaches work in close partnership with clients’ HR teams to help them create their own unique portfolio of custom-tailored online curricula, beginning with Skillsoft’s 165,000-title library of world-class e-Learning content. Users access this unique custom-curated e-Learning content through a dedicated, user-friendly, and custom-branded online portal where they may also consolidate their own in-house content.
“The solution goes beyond affordable 24/7 on-demand course access,” explains Darryl Esau, Bulletproof’s VP of Learning Services. Many eLearning programs fail because they weren’t set up for success in the first place. Our powerful framework provides monitoring and reporting and on-going support including a dedicated Success Manager to help our clients achieve optimal onboarding, adoption, and deployment results. That’s something a lot of LMS providers don’t do. Creating the best conditions for learning success translates to a superior learning experience and maximum ROI for our clients.”
Organizations have the option to choose between two bundles of eLearning to meet their specific requirements. The Bulletproof Select 300 Bundle includes content titles from IT, Business Skills and Productivity & Collaboration libraries while the Compliance Bundle includes topics from legal and ethics to workplace safety training.
“As a global leader in corporate learning, Skillsoft is trusted by the world’s leading organizations, including 65% of the Fortune 500. We are thrilled to partner with Bulletproof to launch Bulletproof Academy, providing both the most extensive eLearning catalog and the best user experience platform!” said Ms. Gwenn Lazar, Senior Director, Global Partner Programs, Skillsoft.
First Installs Across the U.S. Include Foxwoods, Mohegan Sun, Pechanga, and San Manuel
LAS VEGAS – August 22, 2019 – AGS (NYSE: AGS) or (the “Company”) today announced the launch of its new Orion Upright slot platform, the latest addition to its Orion family of game cabinets. The Company pre-launched the cabinet earlier this year, and it is currently entertaining players at Foxwoods Resort Casino and Mohegan Sun Casino & Resort in Connecticut; in southern California at Pechanga Resort Casino and San Manuel Casino; and in Oklahoma at WinStar World Resort & Casino – to name a few.
Like AGS’ Orion Portraitsm and Orion Slantsm, the new Orion Upright features the distinctive Orion starwall design,beautifully rendered with 420 full-color LED lights that synchronize with game-play, celebrate wins, and create eye-catching merchandising and attraction across the casino floor.
AGS Senior Vice President of Slot Products Andrew Burke said, “The Orion Upright is an exciting addition to our growing Orion family, providing us with a beautifully engineered dual-screen upright cabinet option. With the Orion Portrait, Slant, and Upright, we are now able to serve nearly 70 percent of the U.S. casino market with three distinct, yet complementary platform options for every size casino.”
Featuring dual large 27-inch HD displays, a 21.5-inch HD LCD topper designed to attract, ergonomic multi-touch LCD button deck, dual high-bright PLAY buttons, and an integrated USB charging port for personal electronics, AGS’ Orion Upright is also distinguished for reliability its ease of serviceability, with seamless accessible to key components.
AGS released the Orion Upright with a large library of proven dual-screen titles and promising new titles, including Fortune Blast® titles Blazing Luck™, Imperial Luck™, Goddess Treasures®, and Luck & Luxury®.
Highlights from the PGCB include:
· Internet Gaming Win was $2.9 million in July compared to $1.4 million in the prior sequential month, reflecting an increase of 100.7%.
· Total Internet Sports Wagering Handle(1) was approximately $39.0 million for the month of July, compared to:
- $19.3 million for the month of June;
- $0.6 million for the month of May; and
- nil for the month of April.
· Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of July were $2.9 million, compared to:
o $1.4 million for the month of June;
o nil for the month of May; and
o nil for the month of April.
(1) Gross amount of money accepted in wagers
(2) Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months
This information will be updated and published each month, following publication by the PGCB, in order to enable the investor community to readily monitor growth of Internet gambling in Pennsylvania, which remains a key market for GAN.
LONDON, U.K. (August 15, 2019) -- International Game Technology PLC (“IGT”) (NYSE: IGT), announced today that it will upgrade the Oregon Lottery’s central computer system with the latest version of IGT’s INTELLIGEN™ software. The INTELLIGEN central system supports the volume, complexity, and security of monitoring and controlling more than 11,500 video lottery terminals (“VLTs”) throughout Oregon.
“Our longstanding partnership with IGT has enabled us to operate our statewide video lottery system with the highest standards of integrity and security, and has helped us grow revenue to fund programs Oregonians care about including schools, parks, and economic development,” said Barry Pack, Oregon State Lottery Director. “We look forward to collaborating with IGT on the INTELLIGEN upgrade, so we can continue to provide our players the chance to win exciting jackpots through a safe and reliable system.”
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Through the upgrade of IGT INTELLIGEN, the Oregon Lottery will gain access to industry-leading technology that can help drive revenue and position the Lottery to deploy future functionality,” said Jay Gendron, IGT Chief Operating Officer, Lottery. “The Oregon Lottery has one of North America’s most successful VLT programs, and IGT has been providing it with innovative technology for more than three decades. We are confident that the Lottery will benefit from these enhancements through improved system performance and the ability to manage its network more efficiently.” |
INTELLIGEN systems are deployed worldwide connecting a wide range of VLTs in a variety of gaming environments. The software is built on more than 20 years of central system experience and offers stable, secure command and control capabilities. It supports the Gaming Standards Association’s Game to System® (G2S) standard protocol, which enables an enhanced player user interface, improved responsible gaming features, and additional player-centric functionality.
The Oregon Lottery has been an IGT customer since 1985. In addition to VLTs and the INTELLIGEN central system, IGT also provides the Oregon Lottery with traditional draw-based lottery products and instant ticket games and services.
In Bet Founder, President, and CEO Ronald LaDuca Joins AGS’ Sales Leadership Team
LAS VEGAS – August 19, 2019 – AGS (NYSE: AGS) (or the “Company”) today announced that it has acquired all assets and operations of New Jersey-based In Bet Gaming (“In Bet”), a leading developer of proprietary table games and table-game side bets. AGS also announced that In Bet’s Founder, President, and Chief Executive Officer Ronald LaDuca will joinAGS’ executive team as Vice President of Table Products Sales.
AGS Senior Vice President of Table Products John Hemberger said, “We have had a strong partnership with the In Bet team for a number of years, and in 2017 we bolstered our relationship by acquiring five of their dynamic table progressives that continue to drive business for us today. Now, in addition to investing in the remainder of their innovative game assets, we are thrilled to welcome In Bet Founder, President, and CEO Ron LaDuca to our sales team in a leadership role. We will leverage Ron’s many trusted, long-term relationships with table-game operators to continue to grow our table products business, while capitalizing on In Bet’s pioneering inventions to drive revenues and player engagement in the casino pit.”
LaDuca, a gaming industry veteran of 30 years, brings more than a decade of executive experience to AGS. He founded In Bet Gaming in 2009, leveraging his years of table games experience in casino operations to develop new concepts for games that add excitement to the casino pit while providing players with the opportunities for a more rewarding experience. Before founding In Bet Gaming, LaDuca served in numerous table-game operations roles, helping to open the Showboat Atlantic City; Foxwoods Resort Casino in Connecticut; and West Virginia’s Mardi Gras Casino & Resort and The Greenbrier.
“I’m thrilled that AGS has purchased In Bet’s remaining assets and feel confident that our exciting game inventions will continue to attract and engage players across the globe in the hands of the experienced and passionate AGS development, product management, and sales teams,” LaDuca said. “I look forward to joining Team AGS and helping continue their momentum in table products.”
Under this agreement, AGS acquired four proprietary games from In Bet Gaming:
- 3 Card Blitz™ — an exciting, fast-paced flush-based game in which the player and dealer compete to get the higher-valued hand.
- Dragon Poker™ — a four-card poker game in which players build traditional poker hands with a special deck of 53 Asian-themed cards.
- Double Down Blackjack™ — a quick-paying blackjack-style game in which players vie for the higher point total against the dealer.
- Straight to the Flush™ — a new poker game in which the player builds their largest straight or flush and goes heads-up against the dealer.
These games, along with numerous AGS table products innovations, will be on display at the Global Gaming Expo October 15-17 in AGS’ Booth No. 1253 at the Sands Expo in Las Vegas. Click here to get your free G2E pass.
London & Dublin - August 15, 2019: GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication on August 14, 2019, by the New Jersey's Division of Gaming Enforcement ("DGE") of Internet gaming and Internet sports betting financial information for the calendar month of July 2019 in New Jersey.
Highlights from the DGE include:
· Internet Gaming Win was $39.3 million in July compared to $25.9 million in the prior year period, reflecting a year-over-year increase of 51.8%.
· Total Internet Sports Wagering Handle(1) was approximately $213.0 million for the month of July, compared to:
- $226.7 million for the month of June;
- $263.6 million for the month of May; and
- $254.0 million for the month of April.
· Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of July were $13.9 million, compared to:
o $6.9 million for the month of June;
o $13.7 million for the month of May; and
o $16.6 million for the month of April.
(1) Gross amount of money accepted in wagers
(2) Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months
This information will be updated and published each month, following publication by the DGE, in order to enable the investor community to readily monitor growth of Internet gambling in New Jersey, which remains a key market for GAN.
The Company may consummate these repurchases pursuant to one or more trading plans to be adopted in accordance with Rule 10b5?1 of the Securities Exchange Act of 1934, as amended, in privately negotiated transactions, in open market transactions, in transactions pursuant to Rule 10b-18 of the Securities Exchange Act of 1934, as amended, or pursuant to an accelerated share repurchase program. The timing and amount of any repurchases will be in the sole discretion of the Company’s management team, and will depend on legal requirements, market conditions, stock price, alternative uses of capital, and other factors. The Company is not obligated to repurchase any of its shares of common stock, and the stock repurchase program may be suspended or discontinued at any time.
AGS President and Chief Executive Officer David Lopez said, “This share repurchase program demonstrates our board of directors’ confidence in the continued strength and long-term growth prospects of AGS. We believe that the company’s shares are significantly undervalued and that we can implement this program while maintaining ample liquidity to continue investing in R&D and capitalizing on numerous potential growth initiatives ahead of us.”
Lucky slot players won the following million dollar-plus jackpots on IGT games in July:
On July 13, a Powerbucks slots player won a CA$2,152,860.83 jackpot playing the Powerbucks Powerhits game at Treasure Cove Casino in British Columbia, Canada. This giant jackpot marks the largest Powerbucks jackpot ever awarded.
On July 25, a Powerbucks slots player won a CA$1,032,792.28 jackpot playing the Powerbucks Powerhits game at Casino Lac-Leamy in Quebec, Canada.
On July 27, a Powerbucks online slots player won a CA$1,004,723.31 jackpot playing Wheel of Fortune Hawaiian Getaway™ on lotoquebec.com.
On July 27, a Wheel of Fortune slots player won a $1,081,144.93 jackpot at Golden Nugget Atlantic City Hotel, Casino & Marina in Atlantic City, New Jersey.
Since making its Canadian debut in 2016, Powerbucks has awarded more than CA$13 million in life-changing jackpots.
LAS VEGAS (August 7, 2019) – Casino players can “Xperience the Difference” in a new gaming sensation from Aristocrat. The company’s latest innovation, the MarsX™ cabinet, has touched down first at Graton Resort & Casino in Rohnert Park, Calif., and will soon be coming to casinos everywhere.
The innovative MarsX cabinet gives operators an entirely new way to illuminate their player’s Xperience with both Game Sales content as well as Premium Content Lease options.
Photos: Buffalo Gold Revolution cabinet shot, MarsX cabinet on the floor at Graton Resort & Casino
“At Aristocrat, we have an unequaled passion for play. We never stop thinking about our customers and their players, and how we can bring the game to out-of-this-world levels of fun and entertainment,” said Nathan Drane, VP Commercial Strategy, Games Sales & Class II.
Sleek, modern, and inventive, the MarsX cabinet sparks a revolution in game floor layout. Operators will appreciate the design of the MarsX machine, which fits easily into any standard cabinet space. When placed back-to-back, its unique shape opens sight lines across the casino.
Additionally, its ergonomic design provides more efficient accessibility for field service technicians, decreasing service time in the field. Game-complimentary corona sync edge lighting creates a unique play environment. LCD toppers are supported with game-driven content for added entertainment.
For players, the new MarsX cabinet has two 27” 4k displays and new Gen 9™ internal components drive performance and allow for uninterrupted high-speed game play. A premium virtual button deck offers a high definition and a minimalistic way of wagering. Incorporated into the deck is the latest in wireless charging technology, allowing players to charge their phone by simply placing it onto the deck. A 4:1 speaker system optimally projects audio from around the displays, providing crisp, balanced sound.
The MarsX cabinet is launching with five industry-leading titles leveraging Aristocrat’s biggest brands and bringing innovation to the Games Sales space. Buffalo Gold Revolution™ is the latest installment in Aristocrat’s Buffalo franchise which extends on the top performing Buffalo Gold™ with a new Jackpot wheel and base game feature. This feature can turn royal symbols into Buffalo on any spin. The Mighty Cash™ brand expands onto MarsX by leveraging the strong Hold & Spin mechanic and combining it with a Metamorphic trigger pot for the first time. Finally, the new Fu Dai Lian Lian™ franchise will feature an industry-first -- three metamorphic pots, and each pot can trigger a unique feature.
The MarsX cabinet is taking the industry by storm with Dollar Storm™, an exciting lease option for this model. Dollar Storm is the highly anticipated
Visit aristocrat-gaming.com/marsx for more information.
Company to spotlight new performance-driving games
and Australian debut of mobile loyalty technology
LONDON, U.K. – Aug. 6, 2019 – International Game Technology PLC (“IGT”) (NYSE: IGT) today announced that the Company is featuring a range of compelling solutions at this year’s Australasian Gaming Expo (“AGE”) from August 13-15. Based on the theme
“Raise Your Game,” the Company’s stand at the International Convention Centre in Sydney is showcasing a strong line-up of regionally attuned games with exciting new features, a diverse range of volatilities, and new styles of game play.
“IGT is offering an array of engaging products designed to deliver more player entertainment and strengthen player loyalty while increasing performance at our customers’ gaming venues,” said Andrew Hely, Managing Director of IGT Asia Pacific. “For example, our recently launched Bubble Blast™ Link is performing
exceptionally well on game floors. At AGE, we’re unveiling a new game for this link, Spells and Whistles™, as well as launching a standalone progressive version of the game to provide smaller venues with greater variety on the gaming floor.”
Other examples of IGT’s high-performing solutions at AGE include the Cleopatra Rising™ game, an evolution of IGT’s Waterfall play feature where one spin can affect the next, including multi-denoms, jackpots, and a scalable bonus prize. It’s the first in IGT’s “Rising” range now live in the market and entertaining players with engaging graphics. Two new games in the series are being unveiled at AGE: the Fortune Rising™ and Treasure Rising™ games. As well as featuring new themes, these titles offer players an additional option in the high-denom segment.
Additional featured titles include the Fortune Coin™ game, a strong global performer localized for the Australian market with a progressive feature that boosts bonus prizes. IGT’s Multistar Legends™ theme offers six classic games with a twist — a new-style jackpot where two-game groups share a special progressive jackpot. IGT’s Systems team is debuting the Cardless Connect™ solution in the region. This technology puts the player loyalty card on players’ mobile phones, enabling a new series of product offerings for customers, driving strong player uptake, and providing a convenient, ‘frictionless’ way for patrons to interact with their venue of choice.
For more information, visit IGT.com or go to Facebook at facebook.com/IGT, follow us on Twitter, twitter.com/IGTnews or watch IGT videos on youtube.com/igt.
LAS VEGAS (August 6, 2019) – Global Gaming Women (GGW) has named Christie Eickelman its new President of its Board of Directors. Eickelman is Vice President of Global Marketing at Gaming Laboratories International (GLI®) and will serve as GGW’s Board President for a two-year term.
Eickelman takes the place of Phyllis A. Gilland, SVP & General Counsel at Golden Entertainment, who served as GGW’s president for the past two years. She said, “I am very proud of the number of women GGW has been able to reach out to and affect through the GGW educational and event opportunities GGW has provided, and of how we have grown GGW’s presence and structure. I’ve grateful to have had the opportunity to work with the past and present Board members whose continued support is so important to mission of organization.”
Eickelman was one of the founding members on the Global Gaming Women Board. Previously she served as Vice President & co-chair of the Events Committee. She said as President her primary goal will be to ensure the financial future of the organization.
“Global Gaming Women has a strong mission statement, and our guiding principles of courage, integrity, and leadership continue to inspire our Board and the women we serve. We are grateful to the many companies and individuals who back GGW, and as we broaden our donor structure, we will ensure we will have the resources necessary to support the development of women at all levels throughout the industry,” Eickelman said.
Giving back to her community is a passion for Eickelman. She is a member of the Andson Foundation Board and on the Executive Leadership Committee of the American Heart Association-Go Red for Women Luncheon of Southern Nevada. Recently the Oklahoma Indian Gaming Association honored her contributions to the Indian Gaming Industry with the 2019 OIGA Modern Day Warrior Award.
Eickelman has been blazing a trail for women to follow in the gaming industry since 1992, first serving as Marketing Manager for Sodak Gaming Inc. and at Wolf Gaming LLC as Vice President of Marketing and Public Relations. She joined GLI in 1999 as Marketing Manager, shaping GLI’s brand in North America. In 2001, she was promoted to Director of Marketing and Development, overseeing the North American development team in their daily responsibilities. In June 2007, she was promoted to Senior Director of Worldwide Marketing, and in September 2012, she was promoted to Vice President.
As GLI’s VP of Global Marketing, she directs and implements all marketing programs for GLI’s worldwide locations and for the GLI Group of companies. Her responsibilities include building the corporate brand and establishing and directing marketing functions in accordance with GLI’s policies, regulations and sound business practices.
In 2005, she was selected as a Great Woman in Gaming by Casino Enterprise Management magazine, and in 2008, Global Gaming Business magazine named her one of the 25 People to Watch in Gaming.
LONDON & DUBLIN--(BUSINESS WIRE)--GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today announced the release of quarterly key performance indicators1 for the second quarter of 2019, highlighting continued YoY growth reflecting high demand for Internet sports betting and casino cross-selling from Internet sports bettors into internet casino gaming in New Jersey.
“The extraordinary year on year growth rate experienced in Q2 reinforces our confidence in the U.S. strategy executed on by GAN following the repeal of PASPA, as well as our Platform technology’s ability to scale to meet the needs of our diverse clients. ”
Management Commentary
Dermot Smurfit, CEO of GAN commented:
“The extraordinary year on year growth rate experienced in Q2 reinforces our confidence in the U.S. strategy executed on by GAN following the repeal of PASPA, as well as our Platform technology’s ability to scale to meet the needs of our diverse clients.
The rapid rate at which States continued to legalize Internet gambling in Q2 continues to validate our confidence in the U.S. market opportunity and the seasonality in Q2 was both anticipated and exaggerated by U.S. Internet sports betting.
A dedicated Head of Investor Relations Mr. Jack Wielebinski, has been appointed to lead our U.S. investor relations efforts as well the implementation of an all-new GAN.com website before year’s end which will include substantial content and features designed both to serve existing investors and better-inform prospective investors on GAN’s exciting equity story, products and services.”
Second Quarter 2019 Highlights
This Quarterly publication discloses the Active Player-Days, Average Revenue Per Active Player-Day (ARPDAU) and Gross Operator Revenue, in which GAN participates worldwide in regulated real money Internet gambling markets and Simulated Gaming™.
- Gross Operator Revenue, which comprises the sum of gross revenue from Simulated Gaming; gross gaming revenue from real money regulated Gaming; and gross sports win from real money regulated Sports betting, increased 128.3% year-over-year and -7.3% quarter-over-quarter to $54.8 million. This change was driven by strong growth in real money regulated gambling in the US.
- Active Player-Days at 4.8 million is an increase of 52% year-over-year and decline of -9.9% quarter over quarter.
1. The numbers contained herein are unaudited and derived from GAN’s internal business intelligence reporting systems
Company Schedules 2019 First Half Financial Results
The Company is expected to release its results for the half year period ended June 30, 2019 on September 27, 2019.
About GAN Plc
GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino (https://casino.winstar.com) provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.
GAN is listed on the London Stock Exchange (LSE: GAN).
For more information please visit www.GAN.com.
The expanded relationship announced on January 10, 2019 is now commercially operational in Pennsylvania and represents a material increase in the value of the partnership to GAN.
Management Commentary
Jeff Berman, Chief Commercial Officer of GAN commented:
"The launch by FanDuel of Internet sports betting in the State of Pennsylvania extends our relationship across the border from neighboring New Jersey and represents a significant milestone for GAN. Our effective and compliant Platform represents a premium component of the supply chain rather than a commodity and our team delivered on-time for the #1 operator of Internet gambling in the U.S. today."
International Game Technology PLC Announces Appointment of Dr. Samantha Ravich to Board of Directors
IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships...
Dr. Ravich is the Chair of the Center on Cyber and Technology Innovation at the Foundation for Defense of Democracies and its Transformative Cyber Innovation Lab; the Vice Chair of the President's Intelligence Advisory Board; a Commissioner on the Congressionally-mandated Cyberspace Solarium Commission; and a member of the Secretary of Energy's Advisory Board. Dr. Ravich is also a managing partner at A2P, LLC and a Board Governor at GIA. Previously, among other roles, she served as Deputy National Security Advisor for Vice President Cheney. Dr. Ravich received her Ph.D. in Policy Analysis from the RAND Graduate School and her MCP/BSE from the University of Pennsylvania/Wharton School.
"Samantha's extensive experience, and focus on cybersecurity, are welcome complements to the existing expertise of our board members," said Lorenzo Pellicioli, Chairperson of the Board of Directors of IGT."We look forward to working with her."
LONDON -- IGT announced today that with the recent deployment of the FanDuel Sportsbook online and mobile betting platform in Pennsylvania, the FanDuel Sportsbook is now leveraging the full, omni-channel capabilities of IGT PlayDigital’s sports betting platform.
In partnership with Boyd Gaming and Valley Forge Casino Resort, FanDuel is bringing an online sports betting experience that is simple, secure, and more convenient than ever to individuals located in Pennsylvania. The state of Pennsylvania joins New Jersey as the two states where the FanDuel Sportsbook online and mobile platform is available since PASPA was struck down last year.
IGT PlayDigital’s omni-channel solution now enables Connected Play by providing patrons of the Pennsylvania sportsbook the option to place pre-match and in-play wagers over the counter, at self-service betting kiosks, and via FanDuel’s simple, secure and convenient mobile app.
“By leveraging IGT PlayDigital’s sports betting platform, FanDuel Group can confidently offer choice and convenience to players in Pennsylvania when they are placing sports bets. Our sports betting platform continues to prove its effectiveness in delivering seamless player experiences across channels, and when paired with the FanDuel brand, has emerged as a market-leading solution,” said Enrico Drago, Senior Vice President IGT PlayDigital. “The introduction of mobile sports wagering in Pennsylvania marks yet another meaningful milestone in IGT PlayDigital’s partnership with FanDuel Group, and reinforces the quality and multi-state scalability of the products and services that we offer to operators who are looking to offer sports betting.”
In addition to FanDuel Sportsbook at Valley Forge Casino, IGT PlayDigital’s sports betting platform is currently powering FanDuel Group’s record-setting sports betting operations at The New Meadowlands Racetrack in New Jersey, the recently opened sportsbook at Tioga Downs Casino in New York, and the sports betting venue at The Greenbrier Casino Club in West Virginia.
To learn why winners choose IGT PlayDigital sports betting technology visit IGT.com.
IGT Media Contact:
Michelle Schenk (702) 669-8177 – michelle.schenk@IGT.com
FIRST POP'N PAYS® SLOT SALE
The Company recently celebrated its first Pop'N Pays® machine sale to Valley View Casino & Hotel. The games sold were Piñatas Olé® and Big Top™, two popular titles in our Pop'N Pays games series. Housed in a four-pod of Phocus® hybrid cabinets, this bank of four games is coupled with eye-catching wedges and includes the Company's exclusive Rocket Rollup™ mystery progressive.
Randy Reedy, Vice President of Gaming Operations of Valley View Casino said, "I believe we have a great new partnership with a company that provides great games that our guests love to play. I look forward to many more years of working with Gaming Arts."
Jean Venneman, Chief Commercial Officer of Gaming Arts said, "We are very appreciative of Randy Reedy and the team at Valley View Casino for working with us on this milestone first sale. We look forward to partnering with them for many years to come, creating entertaining gaming experiences for their customers."
100th SLOT PLACEMENT
In addition, Gaming Arts accomplished its 100th game placement at Pala Casino Spa & Resort in Southern California. A total of eight Pop'N Pays games including two high limit games housed in Phocus upright cabinets and six Phocus hybrid cabinets located on its main casino floor make up the Casino's game mix of Piñatas Olé and Big Top video reels.
Mike Dreitzer, President of Gaming Arts, commented, "One-hundred units in the field is a really solid start for Gaming Arts, having launched our video slots only earlier this year. The feedback has been overwhelmingly positive, and we look forward to continued momentum as players in Casinos all over get introduced to our games."
STRONG GAME PERFORMANCE RESULTS
Early indicators of strong product performance is another milestone worth noting. The Company is proud to report that it has performed very well over the last several months in the Eilers-Fantini Monthly Game Performance Report, ending June with an impressive "theoretical net win vs. house average" index of 1.72 for installed units.
Month over month, Gaming Arts is proving the popularity and appeal of its products to an ever-widening, geographically diverse player base.
100th GAMING LICENSE
The Company has reached yet another milestone, having now secured 100 gaming licenses worldwide. Gaming Arts continues to expand its licensed footprint month over month, all in an effort to continue to better serve casinos across the world.
GAMING ARTS HAS STRONG MOMENTUM GOING INTO G2E AND BEYOND
David Colvin, CEO of Gaming Arts commented, "The extremely positive feedback we've received from our customers and players is very rewarding. We plan to continue to transform the industry with even more truly innovative game themes at the Global Gaming Expo in October where we will have approximately 60 EGMs on display showcasing our latest advances and remarkable content."
To learn more about the exciting Pop'N Pays series of games, contact your Gaming Arts Account Representative or visit www.GamingArts.com.
Boyd Gaming properties across the country will utilize the EDGE X cabinet to premiere the Aristocrat title Madonna™, honoring the world-famous pop star. Additionally, Boyd Gaming is the first operator in Nevada to receive the all-new title FarmVille™, based on the wildly popular social game.
“Boyd Gaming takes pride in offering our customers a unique and memorable gaming experience, and we are thrilled to enhance and elevate that experience with these fun and exciting new games,” said Steve Thompson, Executive Vice President of Operations for Boyd Gaming.
“We are honored to introduce this landmark new cabinet and two great new games in concert with a fantastic partner of Aristocrat in Boyd Gaming. FarmVille and Madonna are two iconic brands, and they are the perfect fit for the completely new experience that awaits players with the EDGE X cabinet. We hope players will go to their favorite Boyd Gaming property to experience the fun these games provide,” said Jon Hanlin, Vice President Commercial Strategy, Gaming Operations for Aristocrat.
Players will get into the groove with Madonna, featuring a multi-site progressive with a grand jackpot starting value of $250,000 or a single-site progressive with a grand jackpot starting value of $5,000. This game features persistent Mighty Cash Hold & Spin Multipliers, free games, and a “Like a Virgin” Wheel Bonus. A unique karaoke feature on the button desk enables players to sing along with their favorite Madonna songs while playing the game.
In FarmVille, slot players will find all their favorite characters, farm animals, livestock, and a single-site progressive with grand jackpot starting values of $2,500 or $5,000. The game features progressive free games and the Mighty Cash Hold & Spin mechanic.
Discover all of Boyd Gaming’s properties at www.boydgaming.com, and get connected for the best rewards at www.boydgaming.com/play/b-connected.
Find where to play Aristocrat by visiting www.aristocrat-us.com/where-to-play. Information on responsible gaming is available at www.aristocrat.com/sustainability/responsible-gambling-game-play.
Enterprise-wide Installation to Include Advanced Modules such as Oasis Loyalty™, ONE LINK™, nVision™, and TrackIT™ for Tables
LAS VEGAS (July 23, 2019) – Comanche Nation Entertainment has chosen to replace its existing casino management system with Aristocrat’s multiple award-winning Oasis 360™ for all five properties in the Oklahoma-based enterprise.
The enterprise-wide installation replaces an existing system and is expected to be complete by mid-September this year. In addition to Oasis 360’s robust casino management and compliance modules, Aristocrat will also install several technologically advanced solutions, including Oasis Loyalty™, ONE LINK™, nVision™ business intelligence, and TrackIT™, which empowers ticketing at table games.
Properties which will receive the power of Aristocrat’s Oasis 360 solution are Comanche Red River Hotel Casino in Devol, Comanche Nation Casino in Lawton, Comanche Star Casino in Walters, Comanche Spur Casino in Elgin, and Comanche Nation Travel Plaza in Devol.
Aristocrat currently provides Aristocrat and VGT branded games to Comanche Nation Entertainment properties.
Jack Crane, Director of Gaming Operations for Comanche Nation Entertainment said, “Everything we do at Comanche Nation Entertainment is designed to help our guests win more and play longer. So when we were looking for ways to further improve our guests’ experience, we knew we needed a casino management system that allowed us to reward guests across the entire enterprise, regardless of how, where, or when they enjoy our properties. We found exactly what we were looking for with Aristocrat.”
“We are honored to be expanding our relationship with Comanche Nation Entertainment and to bring our leading casino management solutions to the entire enterprise,” said Aristocrat VP of System Sales Clark Warren. “Whether a casino is a standalone property or a multi-property enterprise like Comanche Nation Entertainment, our cutting-edge solutions are scalable to be a perfect fit for each of our Oasis 360 partners. We are thrilled to be welcoming Comanche Nation Entertainment to the family of operators who trust and rely on Aristocrat to help them serve their patrons better than ever.”
Oasis Loyalty is a one card solution for multi-site operators. With Oasis Loyalty, patrons can enjoy and be rewarded at any Comanche Nation Entertainment property. Oasis Loyalty empowers operators to customize the patron’s experience and to track patron activity across the enterprise.
ONE LINK is a fully customizable, integrated media and bonusing solution that empowers operators to think more creatively and deliver messaging and promotions in unique, modern fashion. Generating floor wide excitement and customer engagement on a whole new level.
The nVision business intelligence tool allows users to quickly create reports and dashboards to monitor performance, identify trends, and analyze details. nVision can be implemented at single site properties or across multi-site enterprises for holistic analytics.
With TrackIT, patrons have the ability to use distributed TITO vouchers which are integrated with the TrackIT table management solution to redeem and cash out after completion of a gaming session. TrackIT provides operators the ability to track, monitor and report on all table play through the property driving intelligent decision and creating a better gaming experience.
For more information about Oasis 360 system or any of Aristocrat’s industry-leading solutions, visit Aristocrat in booth #726 at the OIGA Conference and Trade Show, July 22-24, 2019 in Tulsa. Or contact your Aristocrat representative or visit www.aristocrat-us.com. Join Aristocrat on Facebook, LinkedIn, and Twitter.
About Aristocrat
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a global games leader with more than 6,000 employees. The company is licensed in around 300 gaming jurisdictions, operates in more than 90 countries, and offers a unique blend products and services. The company's mission is to bring joy to life through the power of play. Its values are rooted in creativity and technology, and the company has a rich history of innovation that has shaped the gaming industry over many decades. For further information, visit the company's website at http://www.aristocrat-us.com.
LONDON – July 23, 2019 – International Game Technology PLC (“IGT”) (NYSE:IGT) announced today that a lucky player at Treasure Cove Casino in British Columbia, Canada won a $2,152,860 Canadian-dollar jackpot on IGT’s Powerbucks® theme, Powerhits™ on July 13, 2019. The giant jackpot marks the largest Powerbucks jackpot awarded since the theme made its Canadian debut in 2016.
“BCLC and Treasure Cove Casino are thrilled that our player won the largest Powerbucks jackpot of all time,” said Brad Desmarais, BCLC Vice President of Casino and Community Gaming. “Since its arrival in British Columbia, the Powerbucks theme has quickly become a player-favorite title with its anticipation-building cross-channel jackpot pool.”
“IGT congratulates the lucky player that won this record-setting jackpot at Treasure Cove Casino,” said David Flinn, IGT Regional Vice President, Canada. “This big win fuels player excitement for the omni-channel Powerbucks game, which gives players the chance to win life-changing jackpots at any bet level for a uniquely thrilling player experience.”
Powerbucks is the world’s first omni-channel wide area progressive game that links the jackpot prize pool between land-based, mobile, and desktop versions of the game into one liquidity pool to deliver some of the largest slot jackpots in Canada.
At launch, Parx Casino was the only Internet casino offering the #1 market leading table game online, 'Pro Blackjack' (Pennsylvania Edition), developed and delivered by GAN to be compliant with Pennsylvania's specifically-approved blackjack game rules. A total of 47 casino games were released via desktop and mobile web together with an Android-compatible mobile App.
Selected casino slots and table games were delivered online for GAN's Development & Distribution clients, including major U.S. casino equipment manufacturers' Incredible Technologies, Everi Holdings, DEQ and KONAMI.
Parx Casino patrons can also link their Reward Card online to their counterpart Internet gambling account, enabled by GAN's U.S. patented integration framework.
Highlights
· The Pennsylvania regulated Internet Gaming market is forecast to generate $200m1 in gross gaming revenue online during the first twelve months of operation and Internet Sports betting is forecast to generate a further $189m2 in the same period.
· Parx owns and operates the #1 land-based casino property in Pennsylvania located a short distance from Philadelphia, Pennsylvania's largest city. In the most recent fiscal year ended June 30, 2018, Parx Casino generated $570m from on-property slot machines and table games, representing an 18% share of the Pennsylvania's $3.2bn gaming market.
· GAN's US-patented technology enables Parx Casino patrons enrolled in the on-property loyalty program, to sign up online and instantly link their reward cards to their online account permitting those guests to trade in their reward points earned from on-property gaming for cash online and/or to earn rewards points from Internet gaming and/or sports betting to be subsequently redeemed on-property.
Management Commentary
Dermot Smurfit, Chief Executive Officer of GAN commented:
"Launching the largest casino in Pennsylvania online, nearly two years after legislation first passed, appears to have been well worth the wait. GAN's shareholders can take heart that early indications appear supportive of Industry forecasts for Internet gambling in Pennsylvania and we look forward to expanding into other U.S. States for Parx Casino as well as for new clients, just as we have now expanded from New Jersey into neighbouring Pennsylvania. As the saying goes, 'experience counts' and GAN has the experience, capability and opportunity to remain a market leading B2B technology provider as more U.S. States regulate Internet gambling. On behalf of everyone at GAN, we would like to thank our client Parx Casino and the Pennsylvania regulator, the PGCB, for the privilege of serving Internet gambling to residents of your Commonwealth."
John Dixon, Chief Operating Officer of Greenwood Gaming & Entertainment, Inc commented:
"By leveraging GAN's proven Platform, Parx Casino has now deployed both Internet sports betting and Internet casino gaming, integrated with our Xclub on-property rewards program, to become among the very first Internet gambling operators to launch in the Commonwealth of Pennsylvania."
IGT has been a print vendor for the Ohio Lottery since 2015. During this time, IGT has worked with the Lottery to launch successful tickets such as The Three Stooges®, Joker’s Wild, Money Bags Multiplier, and most recently the $5 Wheel of Fortune® ticket.
“IGT has worked closely with the Ohio Lottery to launch new games and deliver high quality, innovative instant tickets to its players since 2015,” said Jay Gendron, IGT Chief Operating Officer, Lottery. “IGT is pleased to continue our partnership with the Ohio Lottery and looks forward to enhancing its instant ticket portfolio with compelling new game concepts and world-class service over the next two years.”
VGT Class II Innovations from Aristocrat appear in five different cabinets, each with its own unique features that appeal to different player preferences.
In the Helix+™ is a variety of titles that capitalize on the trend of Asian theme and design. Titles include the new Julun Caifu™ family of games with the game themes Feichang Foyou™ and Shijie Caifu™. In the Crazy Cash™ family of games are the game themes Dragon Emperor Fortunes™ and Prosperous Fortune™. The titles Yi Ben Wan Li™ and Son Fu Song Cai™ complete the Xelix+ portfolio on display.
Fans of Aristocrat’s Helix XT™ cabinet will love the thrill of the Hunt for Neptune’s Gold™. Also on the cabinet are two new game themes from the Gold Pillars 88™ family: Tree of Luck™ and Blossoming Fortune™. The Helix XT goes to the “Xtreme” with all-new single-site, linked-progressive, Class II games based on player-favorite titles: Buffalo Xtreme™ and Timber Wolf Xtreme™.
The Arc™ single cabinet features the new game themes Jin Fo Fo and Jin Tong Yu Nu from the Fortune Series, and the Client 7™ cabinet features new titles Divine Dragon™, 8 Rings™, Lucky Duck™, and Crazy Cherry™.
On the Class III side, the action keeps getting hotter in Aristocrat’s popular flame55™ cabinet, and at OIGA the new Wicked Winnings II Diamond™ game theme will stand alongside the player-favorite Buffalo Diamond™ game theme as Aristocrat’s Diamond family of games continues to bring new fun to favorite titles. Also on the flame55 are the incredible experiences in the licensed titles WESTWORLD™ and The Big Bang Theory™.
Recently released across the nation, Aristocrat’s new EDGE X™ cabinet has players on the edge of their seat with excitement with the fun of Madonna™ and its inventive karaoke singalong feature. FarmVille™ features fun game play with social gaming characters players love, and a completely new Walking Dead III™ game takes the action to new levels on EDGE X’s cinematic-style screens.
The sleek new MarsX™ cabinet delivers an out-of-this-world gaming experience for players and never-before-seen sight lines for operators. The MarsX revolution lands with the all-new Dollar Storm™, based on the global phenomenon Lightning Link™, and four launch game themes. Also on the MarsX is the game-changing Buffalo Gold Revolution™, created by Aristocrat’s Oz Studios and featuring a compelling new wheel bonus, adding an extra layer of fun to a player-favorite game. Other MarsX titles include Mighty Cash Ultra™ Lion Charge™ and Mighty Cash Xtra Reel™ Jai Cai™.
Fun reaches new heights in Aristocrat’s RELM XL™ cabinet and the game themes Motown™, Buffalo Ignite™, and Liberty Link™. The popular RELM™ cabinet will feature the game themes Xtreme Mystery™, Make That Cash™, Gold Stacks 88™, and Buffalo Gold™.
Aristocrat’s leading player loyalty vehicle Oasis 360™ will feature four groundbreaking solutions at OIGA.
First is Oasis Loyalty™, a one card solution for multi-site operators. Oasis Loyalty™ provides seamless integration across multiple properties to increase brand loyalty, provide rewards across all customer touch points, and drive brand adoption.
Following Oasis Loyalty is Oasis Loyalty Kiosk, the first promotional kiosk solution that is directly integrated with Oasis to create a single or multi-site interaction (for Oasis Loyalty Customers). it combines several time-consuming self-service features such as card reprints and Win/Loss statement with best in class promotions to create an exciting and time saving experience.
Next is ONE LINK™, a fully customizable, integrated media and bonusing solution that empowers operators to think more creatively and deliver messaging and promotions in unique, modern fashion that spans across the entire floor. Creating increased patron excitement and engagement.
Last, is Aristocrat’s TrackIT™ ticketing for tables. This solution provides operators the ability to create a frictionless experience by allowing slot ticket redemption at the table, the ability to track and monitor all table player and receive detailed reporting. This helps the property drive intelligent decision and creating a better gaming experience for all patrons.
Off the tradeshow floor, Aristocrat Vice President of Oasis Systems Kelly Shaw will lead the panel “GGW’s Conversation with the C-Suite” featuring esteemed figures from across the Tribal gaming spectrum discussing Women in Leadership.