LONDON, Sept. 19, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") today announced the results to date with respect to its capped offer to purchase for cash (the "Tender Offer") its outstanding US$1,100,000,000 6.500% Senior Secured Notes due 2025 (the "Dollar Notes") and its outstanding €500,000,000 3.500% Senior Secured Notes due 2024 (the "Euro Notes," and together with the Dollar Notes, the "Notes"). The Tender Offer is being made upon the terms and conditions set forth in the Offer to Purchase dated September 2, 2022 (the "Offer to Purchase") other than Early Settlement Date (as defined in the Offer to Purchase) which is being changed from September 20, 2022 to September 21, 2022 (the "New Early Settlement Date").

IGT also announced that the Financing Condition (as defined in the Offer to Purchase) has been satisfied.

IGT has exercised its discretion to increase the Maximum Acceptance Amount (as defined in the Offer to Purchase) to US$600,279,934 (using the Exchange Rate at or around the Early Tender Time as reported on the Bloomberg screen page "FXIP" of €1.0000 per US$1.0016) and the Dollar Offer Sub Cap (as defined in the Offer to Purchase) to US$400,001,000. As of 5:00 PM (New York City time) on September 16, 2022 (the "Early Tender Time"), IGT has accepted for purchase (a) $400,001,000 principal amount of Dollar Notes validly tendered and not validly withdrawn, with such Dollar Notes subject to proration with an Early Dollar Proration Factor (as defined in the Offer to Purchase) of 67.70370372% and adjustment as contemplated by the Offer to Purchase and (b) €199,959,000 principal amount of Euro Notes validly tendered and not validly withdrawn, with such Euro Notes subject to proration with an Early Euro Proration Factor (as defined in the Offer to Purchase) of 75.249999% and adjustment as contemplated by the Offer to Purchase.

The following table sets forth the increased Maximum Acceptance Amount, the increased Dollar Offer Sub Cap, the principal amount of the Dollar Notes accepted for purchase, the Early Dollar Proration Factor, the principal amount of the Euro Notes accepted for purchase and the Early Euro Proration Factor:


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(1) As of the commencement date of the Tender Offer.

(2) The Early Proration Factors have been rounded to the nearest thousandth of a percentage point for presentation purposes.

Dollar Notes validly tendered and not validly withdrawn and not accepted for purchase will be credited on the New Early Settlement Date to the account of the registered holder of such Notes with DTC and otherwise returned in accordance with the Offer to Purchase.  Euro Notes validly tendered and not validly withdrawn and not accepted for purchase will be credited on the New Early Settlement Date to the account of the registered holder of such Notes with Euroclear or Clearstream (as applicable) and otherwise returned in accordance with the Offer to Purchase.

Because the aggregate principal amount of Notes validly tendered and not validly withdrawn as of the Early Tender Time exceeded the increased Maximum Acceptance Amount, holders of Notes who tender Notes after the Early Tender Time will not have any of their Notes accepted for purchase.

Each holder of Dollar Notes who validly tendered and did not validly withdraw its Dollar Notes in the Tender Offer prior to the Early Tender Time will receive $1,015.00 for each $1,000.00 principal amount of Dollar Notes accepted for purchase, which includes an early tender payment of $30.00 per $1,000.00 principal amount of Dollar Notes accepted for purchase, and accrued and unpaid interest on such Dollar Notes, rounded to the nearest $0.01 per $1,000.00 principal amount of Dollar Notes from the last interest payment date up to, but not including, the New Early Settlement Date.

Each holder of Euro Notes who validly tendered and did not validly withdraw its Euro Notes in the Tender Offer prior to the Early Tender Time will receive €1,006.25 for each €1,000.00 principal amount of Euro Notes accepted for purchase, which includes an early tender payment of €30.00 per €1,000.00 principal amount of Euro Notes accepted for purchase, and accrued and unpaid interest on such Euro Notes, rounded to the nearest €0.01 per €1,000.00 principal amount of Euro Notes from the last interest payment date up to, but not including, the New Early Settlement Date.

The Tender Offer will expire at 11:59 P.M. (New York City time) on September 30, 2022 (unless the Tender Offer is extended or terminated) (such time and date, as the same may be extended, the "Expiration Time").

IGT has retained D.F. King & Co. to act as Tender and Information Agent for the Tender Offer. Questions regarding procedures for tendering Notes may be directed to D.F. King & Co.

D.F. King & Co.

By Mail, Hand or Overnight Courier:

48 Wall Street, 22nd Floor

New York, New York  10005

Attention:  Michael Horthman

Email:  igt@dfking.com

U.S. Toll Free:  +1 (800) 706-3274

Banks and brokers:  +1 (212) 269-5550

Joint Lead Dealer Managers:

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None of IGT, the guarantors of the Notes, the Dealer Managers, the Tender and Information Agent or the trustee (nor any director, other, employee, agent or affiliate of, any such person) makes any recommendation whether holders should tender or refrain from tendering Notes pursuant to the Tender Offer. Holders must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender.

This news release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Tender Offer is only being made pursuant to the Offer to Purchase. Holders of the Notes are urged to carefully read the Offer to Purchase before making any decision with respect to the Tender Offer.

The distribution of announcement release in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required by each of IGT, the Dealer Managers and the Tender and Information Agent to inform themselves about and to observe any such restrictions.

OFFER AND DISTRIBUTION RESTRICTIONS

Neither this news release nor the Offer to Purchase constitutes an invitation to participate in the Tender Offer in or from any jurisdiction in or from which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws and regulations. The distribution of this news release and the Offer to Purchase in certain jurisdictions may be restricted by laws and regulations. Persons into whose possession this news release or the Offer to Purchase comes are required by each of IGT, the Dealer Managers and the Tender and Information Agent to inform themselves about, and to observe, any such restrictions.

United Kingdom The communication of this news release and any other documents or materials relating to the Tender Offer 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.

European Economic Area

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 Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State.

Italy

None of the Tender Offer, this news release or any other document or materials relating to the Tender Offer have been or will be submitted to the clearance procedures of the Commissione Nazionale per le Società e la Borsa ("CONSOB") pursuant to Italian laws and regulations. The Offer is being carried out in Italy as an exempted offer pursuant to article 101-bis, paragraph 3-bis of Legislative Decree No. 58 of February 24, 1998, as amended (the "Financial Services Act") and article 35-bis, paragraph 3 of CONSOB Regulation No. 11971 of 14 May 1999, as amended. Holders or beneficial owners of the Notes that are located in Italy can tender Notes for purchase pursuant to the Tender Offer through authorized persons (such as investment rms, banks or financial intermediaries permitted to conduct such activities in the Republic of Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of February 15, 2018, as amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.

France

The Offer is not being made, directly or indirectly, to the public in the Republic of France ("France"). Neither this news release nor any other document or material relating to the Tender Offer has been or shall be distributed to the public in France and only qualified investors (investisseurs qualifies) within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 (the "Prospectus Regulation"), are eligible to participate in the Tender Offer. This news release has not been and will not be submitted for clearance to nor approved by the Autorité des Marchés Financiers.

General

This news release does not constitute an offer to buy or the solicitation of an offer to sell Notes (and tenders of Notes pursuant to the Tender Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Tender Offer to be made by a licensed broker or dealer and any Dealer Manager or any of the Dealer Managers' respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offer shall be deemed to be made by such Dealer Manager or affiliate, as the case may be, on behalf of IGT in such jurisdiction.

In addition to the representations referred to above with respect to the United States, each Holder participating in the Tender Offer will also be deemed to give certain representations with respect to the other jurisdictions referred to above and generally as set out in "The Offer—Procedures for Participating in the Offer (Dollar Notes)" and "The Offer—Procedures for Participating in the Offer (Euro Notes)". Any tender of Notes for purchase pursuant to the Tender Offer from a Holder that is unable to make these representations will not be accepted. Each of IGT, each Dealer Manager and the Tender and Information Agent reserves the right, in its sole and absolute discretion, to investigate, in relation to any tender of Notes for purchase pursuant to the Tender Offer, whether any such representation given by a Holder is correct and, if such investigation is undertaken and as a result IGT determines (for any reason) that such representation is not correct, such tender shall not be accepted.

 

Zitro and Codere continue to strengthen their commercial relationship throughout Latin America and confirm it with the incredible amount of 6,000 machines installed in Argentina, Colombia, Panama, Uruguay and of course Mexico.

This important sum includes the spectacular GLARE cabinet line, which shines with its own light thanks to its striking design and state-of-the-art graphics, as well as the new gaming experience with the MEGASHARE prize, in which if a MEGA is won by a player, it is shared among all MEGASHARE participants.

“This growth of its gaming halls in Latin America represents for Codere one of our largest commercial agreements, with which we are very pleased, but also with the great responsibility to continue bringing people the best gaming experiences through Zitro¨ products, said Juan Jose Rivas, Product Manager of LatAm.

Given the success of Zitro products in Latin America, Johnny Ortiz, Founder of Zitro, said “Installing more than 6,000 machines with Codere in Latin America, represents an achievement, but also reaffirms our commitment to continue bringing the greatest entertainment and the best gaming experience not only to Latin America, but around the world”.
LONDON, Sept. 15, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced that its wholly owned subsidiary IGT Lottery S.p.A. has completed the sale of its Italian proximity payment business to PostePay S.p.A. – Patrimonio Destinato IMEL for €700 million.

The negotiated sale price represented an enterprise value of €630 million and approximately €70 million of net unrestricted cash. The business held approximately €140 million in unrestricted cash at the closing. The increase in unrestricted cash is primarily attributable to timing of vendor payments and operating cash flows generated since December 31, 2021. IGT will use the proceeds from the transaction primarily to pay transaction expenses and reduce debt.

UBS AG acted as lead financial advisor and fairness opinion provider to IGT, UniCredit S.p.A. acted as financial advisor to IGT. Advant-Nctm acted as legal advisor to IGT and KPMG acted as financial due diligence and tax advisor to IGT.
In just six years Zitro has gone from being the leading company in the video bingo segment to a global leader, with a diversified product portfolio that includes the most competitive video bingos and video slots in the Industry, and with a growing presence in multiple markets in several continents.

Johnny Ortiz, Founder of Zitro said: “The territorial diversification and the volume of commercial activity we are having requires us to delimit responsibilities in our management team. We must be able to provide each market with the level of attention to guarantee rational and sustained growth, and therefore ensure quality service to our customers worldwide.

With this goal in mind, I am pleased to announce the appointment of Sebastian Salat as International President. “From his new position, Sebastian will be able to focus on Zitro’s international expansion in the European, Latin American, Asian markets, and in the growing digital gaming market.”

With the strong leadership in Spain of Manuela Jimenez, Vice President of Zitro, Derik Mooberry, CEO of Zitro USA, leading the US and Canadian markets, and now Sebastian, leading the company’s expansion in the rest of the world, Zitro has unquestionably one of the most experienced and prestigious management teams in the Gaming Industry. This is the best guarantee that Zitro will continue, and even accelerate, the explosive growth it has been registering.
Visitors to this year’s G2E can look forward to discovering NOVOMATIC Americas’ stunning product lines showcased alongside a substantial variety of entertaining premium content, core content, systems and exciting new progressive jackpot product lines.

Chicago/Gumpoldskirchen, September 13th, 2022 – Leveraging its Austrian parent company's global design, market research, and U.S. customer performance data, NOVOMATIC Americas has spent the past nine years creating market-specific gaming products for the North American and Caribbean jurisdictions. Products range from slot machines for Class III and VLT/VGT markets to electronic table games, sports betting kiosks, management systems, promotional systems, and ancillary services. At this year’s G2E, the company will stage fresh and exciting gaming highlights as well as new premium hardware and winning solutions.

The biggest new for NOVOMATIC Americas will be the launch of an exciting new upright cabinet series for the U.S. market: The DIAMOND X™ 1.55J and DIAMOND X™ 2.32 are set to introduce an exceptional, sleek style and crisp game presentation to the casino floor.

More progress will also be staged for the Progressives segment! The brand new THUNDER CASH X™ Link will premiere at G2E with an exciting set of titles while the THUNDER CASH™ and MONEY PARTY™ brands will see a number of new additions with visually interesting derivatives for various player demographics. This year’s NOVOMATIC Americas products are sure to thrill a wide range of players and keep them coming back for more.

A trailblazer in sports betting self-service kiosks, NOVOMATIC Americas is the undisputed leader in kiosk hardware with its ever-growing portfolio of 1,200+ units in North America. The NOVOMATIC ActionBook™ Compact table-top version fits snug in every bar and counter while the NOVOMATIC ActionBook™ Plus multi-screen version fits nicely in so many environments. Both offer quick response times with a user-friendly, touch monitor experience and will be shown with all of the latest
enhancements.

Rick Meitzler, President and CEO of NOVOMATIC Americas says: “We have taken a good look at the roadmap and make sure of two things: We are listening to our customers and ensuring that our product pipeline is what and where it needs to be. Our first order of business at the show is to demonstrate the strength of the NOVOMATIC development teams both in sleek hardware, showcasing the new DIAMOND X™ cabinets, and in the variety of new, popular themes we are launching. We have listened to input every step of the way and that strong relationship with our customers continues to pay off in performance.”

Stop by NOVOMATIC Americas booth #1259 at the G2E expo – October 10th-13th in Las Vegas – to get a taste of what players are talking about.
13th September 2022: Swedish game provider, Lady Luck Games, signed a comprehensive agreement with top-tier aggregator iSoftBet, part of IGT PlayDigital.

The agreement will see iSoftBet’s operator network gain access to leading Lady Luck titles such as Beetle Bailey, The Treasures of Tizoc, Valholl: Wild Hammers, Madame Clues and Mr. Alchemister.

The games will join a portfolio of more than 8,000 third-party titles from more than 70 leading industry suppliers.

This collaboration is another milestone for Lady Luck Games, and it marks another strong commercial collaboration for iSoftBet to bolster its aggregation network further.

Mads Jørgensen, Co-Founder and Chief Executive Officer of Lady Luck Games, said: “We are thrilled to announce our new collaboration with iSoftBet.

“It boasts one of the industry’s biggest aggregation platforms, as well as access to numerous key regulated markets. We look forward to a fruitful cooperation.”

Lars Kollind, Head of Business Development at iSoftBet, said: “Lady Luck Games has quickly established itself as an incredibly exciting provider of immersive slots content, and we’re proud to be able to add their products to our aggregation offering.

“It’s an exciting moment for both parties, and we can’t wait to see what we can achieve together.”
LAS VEGAS, Nev. and FOXBOROUGH, Mass. (Sept. 13, 2022) – Aristocrat Gaming™ and the New England Patriots today announced a multi-year partnership making Aristocrat an Official Partner of the Patriots and Gillette Stadium. As an Official Partner, Aristocrat will have prominent signage throughout the stadium year-round, including in-stadium, on the concourse and in-game branding. Additional features will include in-game promotion and game-day activations.

The news of this partnership follows Aristocrat Gaming’s recent announcement of their exclusive multi-year slot machine licensing agreement to build land-based NFL-themed slot machines. The NFL license offers a unique opportunity for fans to select their favorite teams, such as the Patriots, when using land-based gaming machines.

“We are ecstatic to partner with the New England Patriots, one of the most successful and legendary franchises in the NFL,” said Hector Fernandez, CEO of Aristocrat Gaming. “We look forward to bringing our NFL-themed slot games to casinos across Massachusetts, providing an opportunity for passionate Patriots fans to experience their favorite team in new and exciting ways.”

"The Patriots and Gillette Stadium are excited to partner with Aristocrat Gaming and explore many new opportunities to engage with our fans,” said Murray Kohl, Vice President of Corporate Sponsorships for Kraft Sports + Entertainment. “We are thrilled to work with their innovative team on multiple activation and branding opportunities at Gillette Stadium throughout the Patriots season, as well as have the Patriots branding featured on their slot machines nationwide.”

For more information on Aristocrat, and their partnership with the New England Patriots and Gillette Stadium, please visit www.aristocratgaming.com.
Konami Australia Pty Ltd announced the appointment of experienced industry leader David Punter to operations manager sales, marketing and service ANZ / APAC to expand his role in Konami to include the Asia region and service. He brings more than two decades of experience in sales, marketing, and product strategy, along with business operations, to this role. Leading sales in ANZ, he has driven growth in these domestic markets and will continue that to the Asia Pacific region, combined with his extensive experience and demonstrated track record of success. As operations manager sales, marketing and service for ANZ / APAC he will focus on customer requirements, and drive sales and product strategies to meet the needs of these regions.

“David has been in senior roles in the gaming industry for nearly two decades, with a passion for sales, marketing products and meeting customers gaming requirements. This has been reflected in his time with Konami for nearly five years, driving sales and customer results across the domestic markets in ANZ,” said Steve Sutherland, managing director at Konami Australia Pty Ltd and president and chief executive officer of KONAMI GROUP CORPORATION’s global gaming & systems division. “With David’s expanded leadership across Asia and passion for effective market delivery, his expanded role will drive even further momentum across ANZ and APAC.”

Zitro Digital is excited to be attending the SBC Summit Barcelona, September 20-22 at Fira Barcelona – Montjuic, Spain. The team is looking forward to meeting with partners and friends at booth G1 to discuss business opportunities and share the company’s latest products and innovations for the digital market.

“We are constantly looking to innovate and offer products that grow our customers’ online gaming business. This year, at the SBC Summit exhibition, attendees will see how we continue to create world-class content for fully immersive gameplay”, added José Javier Martí, COO of Zitro Digital.

At the upcoming show, Zitro Digital will bring its proven performance products from the land-based market to the online world, with game titles such as Lady Dragon, Asian Woods, Wonderful Lamp, Casino Mix and Gods Land from the Link King family. Other slot titles from the Link Me Family, such as Totem of Spirits, Sweet Tropical Fruits, God & Heroes, Lucky Funny Children, will also be on display.

José Javier Martí, COO of Zitro Digital, said: “This event provides us with the perfect opportunity to showcase the incredible performance of our games, and to strengthen relationships with key partners as we continue to grow our online business. We are excited to forge new associations within the iGaming community and look forward to taking Zitro Digital towards new goals”.

9th September 2022: iSoftBet, part of IGT PlayDigital, has partnered with TonyBet in a deal that will see its products go live in key regulated markets across Europe.

The agreement will see iSoftBet’s complete array of content, including latest hit Ocean Hunter™ and the hugely popular Gold Digger™ series, across a plethora of key territories, including Latvia, Spain and Portugal, as well as the Netherlands in the near future.

It becomes the latest partnership inked by iSoftBet, having enjoyed a number of key commercial agreements in recent months, including with Eyas Gaming, Alphabet and Lowen Play.

TonyBet is an international betting company that specialises in online gaming and offers a full range of products, from sportsbook to live casino and slot products. The business employs a customer-centric approach in the experiences it provides, monitoring the quality of the services in accordance with the assigned responsibilities.

Lars Kollind, Head of Business Development at iSoftBet, said: “Partnering with TonyBet is an exciting moment for us as we continue to identify new ways to grow our footprint across Europe.

“They have a major presence in a number of key jurisdictions, and we look forward to supplying our fantastic games to its audiences.”

Davis Skulte, Key Account Manager at TonyBet, said: “iSoftBet brings a diverse range of content to market, from leading Megaways™ games to innovative Hold and Win titles, and we’re delighted to be able to offer them to our players across Europe.”
VIENNA, 8th September 2022 – Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has boosted its presence in the German market after signing a deal to supply its extended games portfolio, including premium titles, to RULEO Alpenland AG, which operates mybet.de in Germany.

The deal will see classic slots such as Book of Ra™ deluxe, Lucky Lady’s Charm™ deluxe and Sizzling Hot™ deluxe made available to customers of RULEO’s licensed operator brands in Germany.

In addition to these fan favourites, a host of newer releases and proven top-performing fans-favourites from Greentube will also be added to the site. These include Cash Connection™ - Book of Ra™, Lord of the Ocean Bonus Spins™ and Diamond Link Mighty Sevens.

The partnership sees RULEO join the first round of German operators that have gone live with Greentube’s extended portfolio of games, including premium titles from the legendary Book of Ra™ series.

Julia Schagerl, Key Account Manager Germany at Greentube, said: “We’re absolutely delighted to bring our high-quality portfolio of online slots to RULEO’s customers in Germany. This exciting partnership further showcases our long-term commitment to further extend in key regulated markets around the world.”

Andreas Fuchs-Degler, CEO at RULEO, said: “Greentube has a very good reputation for being one of the world’s leading slot developers, having created industry leading content for many years now. We’re very happy to bring their portfolio of games to our mybet customers in Germany and increase the already extensive offering we have in the market .”
Zitro incorporates 300 of its new GLARE cabintes in all Cirsa casinos, which already stand out throughout the Mexican territory, reaching the powerful amount of 950 Bingo and Slots machines in operation.

Cirsa shows off in its casinos in Mexico, with more than 100 slot machines, including the premiu Altius Glare cabinet. With its intelligent LED halo, large 55? screen that combined with the high resolution of its 27? Full HD screen, offers the best 4K graphics currently in the industry.

“Zitro is a benchmark supplier in all our casinos, and it is our desire to continue incorporating Zitro’s latest innovations in our future operation,” said Juan David Baracaldo, Product Director at Cirsa Mexico.

“For Zitro is of great importance each new commercial agreement we close with Cirsa, it is a great international client and its operation in Mexico is one of the most important in the country, so we appreciate the trust placed in us and that through them we can bring our world-class products to all its players,” said Johnny Ortiz Viveiros, founder of Zitro.
LONDON, Sept. 6, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that IGT PlayDigital has grown its partnership with SKS365 Group through an expanded multi-year content agreement. SKS365 Group is the international sports betting and gaming operator of Planetwin365 casino and one of the largest operators in the Italian market. As part of this deal, Planetwin365 casino will leverage IGT PlayDigital's high-performing remote game server (RGS) to offer an expanded content library with exciting new PlayCasino games across the region.

"IGT PlayDigital's broad portfolio of entertaining PlayCasino titles, paired with the Company's extensive knowledge of the Italian gaming market will ensure Planetwin365 casino players have access to world-class content," said Troy Cox, SKS365 Group, Chief Commercial Officer."Our partnership with IGT PlayDigital includes monthly PlayCasino game releases and promotions that will help strengthen and grow the overall Planetwin365 casino brand."

"IGT PlayDigital's multi-year agreement with SKS365 Group, one of the largest operators in the market, combines two powerhouse gaming companies with deep roots in Italy to deliver market-attuned themes to Planetwin365 casino players," said Gil Rotem, IGT President of iGaming."By incorporating IGT's high-functioning RGS, Planetwin365 casino can offer an optimal player experience with some of the industry's top-performing games such as IGT's Temple of Fire, Pharaoh's Fortune and Scarab. We look forward to expanding our PlayCasino footprint and continuing to provide best-in-class solutions to Italian players."

Twenty player-favorite IGT PlayCasino games including Cleopatra®, The Big Easy™, Cash Eruption™ and multi-hand Blackjack have joined the existing exciting lineup that includes Gold Digger, Gold Digger Megaways and Majestic Megaways. Planetwin365 intends to enhance its content library with an additional 30 IGT PlayCasino games over the next two months. These engaging games will include proprietary IGT slot themes and video poker games, along with well-known licensed brands.
Orenes Gran Casino Castellón, has added to its gaming offer the award-winning progressive multi-game, 88 Link, recognized for its remarkable success in many markets around the world. “We are convinced that this multi-game will appeal to customers of the Gran Casino Castellón, whether for the impressive high-definition graphics, the state-of-the-art sound system, or the attractive “Multiway” game mechanics,” says Jaime Aníbal- Álvarez, Zitro’s Director of Casinos in Spain.

88 Link is featured on the ultra-slim Allure Glare cabinet, which deploys three 27-inch HD monitors. The upper screens synchronize to create a visual spectacle, along with the GLARE Family’s signature smart LED halo.

On behalf of the Orenes Group, Gregorio Hernández, Director of the Casino Division, stated that “Our casino in Castellón has a wide range of entertainment, with the most successful products on the market, such as 88 Link by Zitro. This new addition looks great in our casino, and we have no doubt that our customers will love it”.

Jaime Aníbal- Álvarez added: “We are grateful to Grupo Orenes for our partnership, and for their continued commitment to our proven performance games. We are confident that our game titles will undoubtedly add value, increase player engagement, as well as profitability and revenue growth.”

Zitro continues its commitment to the environment and to renewable energies with the creation and implementation of new sustainable policies. On this occasion, the company has opted for the use of solar energy to further reduce the impact of its carbon footprint and provide its offices with 100% renewable energy. This new initiative consists of 264 solar panels with an area of 528m² installed on the roof of its Technology Campus in Barcelona, producing an estimated power of 120 kW, which will promote sustainability, reduce CO2 emissions, and reduce energy costs. This installation will reduce 82,509 kg of CO2 per year.

Zitro, as a strategy of social responsibility and sustainability, firmly opts for renewable energies to combat climate change and has also managed to reduce 80% of its greenhouse gas (GHG) emissions from energy consumption in software. On the other hand, it is also committed to sourcing environmentally friendly raw materials from local suppliers for the manufacture of its products, which results in savings in the energy used for transportation logistics, considerably reducing its carbon footprint.

 “This important commitment is just the beginning of a series of actions aimed at reducing our environmental impact and offsetting our footprint,” said Johnny Ortiz Viveiros, founder of Zitro. “The implementation of policies that contribute to protecting the environment is part of our company philosophy. For this reason, we work and promote initiatives that contribute to becoming a greener company, doing our bit in building a more sustainable future. We encourage other companies to join new initiatives that promote the sustainable development of their activities. Together we can make a positive difference.

LONDONSept. 2, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT"), announces the launch of an offer to purchase for cash (the "Tender Offer") up to US$500,000,000 aggregate principal amount (the "Maximum Acceptance Amount") of its outstanding US$1,100,000,000 6.500% Senior Secured Notes due 2025 (the "Dollar Notes") and its outstanding €500,000,000 3.500% Senior Secured Notes due 2024 (the "Euro Notes", and together with the Dollar Notes, the "Notes"), subject to the Acceptance Priority Levels set forth in the table below (with one (1) being the higher Acceptance Priority Level and two (2) being the lower Acceptance Priority Level) and the Dollar Offer Sub Cap (as defined below). The Tender Offer is made upon the terms and subject to the conditions set forth in the Offer to Purchase dated September 2, 2022 (the "Offer to Purchase").

IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.

The Tender Offer will expire at 11:59 P.M. (New York City time) on September 30, 2022 (unless the Tender Offer is extended or terminated) (such time and date, as the same may be extended, the "Expiration Time").

To receive the Total Dollar Consideration (as defined below), which includes an early tender premium of US$30.00 per US$1,000.00 principal amount of the Dollar Notes accepted for purchase pursuant to the Tender Offer (the "Early Dollar Tender Premium") or the Total Euro Consideration (as defined below), which includes an early tender premium of €30.00 per €1,000.00 principal amount of the Euro Notes accepted for purchase pursuant to the Tender Offer (the "Early Euro Tender Premium"), Holders must validly tender and not validly withdraw their Notes prior to 5:00 P.M. (New York City time) on September 16, 2022 (unless the Tender Offer is extended or terminated) (such date and time, as the same may be extended, the "Early Tender Time"). Holders who tender their Notes may withdraw such Notes at any time prior to 5:00 P.M. (New York City time) on September 16, 2022.

Holders who validly tender their Dollar Notes or their Euro Notes after the Early Tender Time but at or prior to the Expiration Time will be eligible to receive only the Dollar Tender Offer Consideration (which is an amount equal to the difference between the Total Dollar Consideration and the Early Dollar Tender Premium) or the Euro Tender Offer Consideration (which is an amount equal to the difference between the Total Euro Consideration and the Early Euro Tender Premium), respectively.

The following table sets forth certain terms of the Tender Offer:

Title of Security

ISIN/

Common Code or CUSIP

Aggregate Principal Amount Outstanding

Acceptance Priority Level(1)

Maximum Acceptance Amount

Offer Sub Cap(1)

Tender Offer Consideration

Early Tender Premium

Total Consideration(2)

6.500% Senior Secured Notes due 2025

Rule 144A:

US460599AC74/

460599 AC7

Regulation S:

USG4863AAC20 /

G4863A AC2

US$1,100,000,000

One (1)

US$500,000,000

US$350,000,000 (the "Dollar Offer Sub Cap")

US$985.00(3)(4)

(the "Dollar Tender Offer Consideration")

US$30.00(5)

US$1,015.00(4)

(the "Total Dollar Consideration")

3.500% Senior Secured Notes due 2024

Rule 144A:

XS1844998192/

184499819

Regulation S:

XS1844997970/

184499797

€500,000,000

Two (2)

Not applicable

€976.25(6)(7)

the "Euro Tender Offer Consideration")

€30.00(8)

€1,006.25(7)

(the "Total Euro Consideration")

_____________________

(1)

Subject to the Maximum Acceptance Amount and modified proration, the principal amount of Notes that is purchased pursuant to the Tender Offer will be determined in accordance with the applicable Acceptance Priority Level (in numerical priority order) specified in this column; provided that IGT will not accept for purchase Dollar Notes in an aggregate principal amount that is greater than the Dollar Offer Sub Cap.

(2)

The applicable Total Consideration equals the sum of the applicable Tender Offer Consideration and the applicable Early Tender Premium.

(3)

For each US$1,000.00 principal amount of the Dollar Notes tendered after the Early Tender Time and at or prior to the Expiration Time and accepted for purchase.

(4)

Does not include accrued interest, which will also be paid in addition to the Dollar Tender Offer Consideration or the Total Dollar Consideration (as applicable).

(5)

For each US$1,000.00 principal amount of the Dollar Notes tendered at or prior to the Early Tender Time and accepted for purchase.

(6)

For each €1,000.00 principal amount of the Euro Notes tendered after the Early Tender Time and at or prior to the Expiration Time and accepted for purchase.

(7)

Does not include accrued interest, which will also be paid in addition to the Euro Tender Offer Consideration (or the Total Euro Consideration (as applicable).

(8)

For each €1,000.00 principal amount of the Euro Notes tendered at or prior to the Early Tender Time and accepted for purchase.

In addition to the Dollar Tender Offer Consideration, the Total Dollar Consideration, the Euro Tender Offer Consideration or the Total Euro Consideration (as applicable), all Holders of Notes accepted for purchase will also receive accrued and unpaid interest on such Notes, rounded to the nearest US$0.01 per US$1,000.00 principal amount of the Dollar Notes and €0.01 per €1,000.00 principal amount of the Euro Notes from the last interest payment date up to, but not including, the Early Settlement Date (as defined below) or the Final Settlement Date (as defined below) (as applicable).

Notes of one or both series may be subject to modified proration if the aggregate principal amount of Notes validly tendered and not validly withdrawn (with the aggregate principal amount of the Euro Notes converted to US dollars using the Exchange Rate) as of the Early Tender Time or the Expiration Time (as applicable) would cause the Maximum Acceptance Amount to be exceeded or the aggregate principal amount of the Dollar Notes validly tendered and not validly withdrawn as of the Early Tender Time or the Expiration Time (as applicable) would cause the Dollar Offer Sub Cap to be exceeded. Furthermore, regardless of the Acceptance Priority Level, Notes tendered at or prior to the Early Tender Time will be accepted for purchase in priority to Notes tendered after the Early Tender Time, and to the extent Notes are tendered at or prior to the Early Tender Time and accepted for purchase pursuant to the Tender Offer, the portion of the Maximum Acceptance Amount (which shall be applied subject to the Acceptance Priority Levels) and the Dollar Offer Sub Cap available for the purchase of Notes tendered after the Early Tender Time will be reduced or may be eliminated completely.

The Tender Offer is conditioned upon, among other things, IGT, in its sole and absolute discretion, being satisfied that it has received, or will receive, by the Early Settlement Date an amount of net proceeds of the sale of the shares of LIS Holdings S.p.A. by an indirect subsidiary of IGT to PostePay S.p.A. which would be sufficient to finance the payment by IGT of the sum of (1) the sum of the Total Dollar Consideration and the Dollar Tender Offer Consideration with respect to all Dollar Notes validly tendered and accepted for purchase pursuant to the Offer to Purchase and (2) the sum of the Total Euro Consideration and the Euro Tender Offer Consideration with respect to all Euro Notes validly tendered and accepted for purchase pursuant to the Offer to Purchase.

It is expected that payment for Notes validly tendered at or prior to the Early Tender Time will be made promptly following the Early Tender Time, on September 20, 2022 (the "Early Settlement Date"), and payment for Notes validly tendered after the Early Tender Time but at or prior to the Expiration Time will be made on October 4, 2022 (the "Final Settlement Date").

Subject to applicable law and the terms and conditions of the Offer to Purchase, IGT may change the Acceptance Priority Levels and increase or decrease either or both of the Maximum Acceptance Amount and the Dollar Offer Sub Cap without extending the Early Tender Time or the Expiration Time or otherwise providing withdrawal rights. IGT may also terminate the Tender Offer, waive any or all of the conditions of the Tender Offer prior to the Expiration Time, extend the Expiration Time or amend the terms of the Tender Offer.

IGT has retained D.F. King & Co. to act as Tender and Information Agent for the Tender Offer. Questions regarding procedures for tendering Notes may be directed to D.F. King & Co.

D.F. King & Co.

By Mail, Hand or Overnight Courier:
48 Wall Street, 22nd Floor
New York, New York  10005
Attention:  Michael Horthman

Email:  igt@dfking.com

U.S. Toll Free:  +1 (800) 706-3274
Banks and brokers:  +1 (212) 269-5550

Joint Lead Dealer Managers

Merrill Lynch International

2 King Edward Street

London EC1A 1HQ

United Kingdom

Attention:  Liability Management Group

Email:  DG.LM-EMEA@bofa.com

U.S. Toll Free:  +1 (888) 292-0070

Collect:  +1 (980) 388-3646

London:  +44 207 996 5420

Credit Agricole Securities (USA) Inc.

1301 Avenue of the Americas, 17th Floor

New York, NY  10019

United States of America

Attention:  Liability Management/Debt Capital Markets

E-mail:  us.liabilitymanagement@ca-cib.com

U.S. Toll Free:  +1 (866) 807-6030

Collect:  +1 (212) 261-7802


ING Bank N.V., London Branch

8-10 Moorgate

London EC2R 6DA

United Kingdom

Attention:  Liability Management Team

Email:  liability.management@ing.com

Collect:  +1 (646) 424-8972

London:  +44 20 7767 6784


Wells Fargo Securities, LLC

550 South Tryon Street, Fifth Floor

Charlotte, NC  28202

United States of America

Attention:  Liability Management Group

E-mail:  LiabilityManagement@wellsfargo.com

U.S. Toll Free:  +1 (866) 309-6316

Collect:  +1 (704) 410-4756

None of IGT, the guarantors of the Notes, the Dealer Managers, the Tender and Information Agent or the trustee (nor any director, officer, employee, agent or affiliate of, any such person) makes any recommendation whether holders should tender or refrain from tendering Notes pursuant to the Tender Offer. Holders must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender.

This news release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Tender Offer is only being made pursuant to the Offer to Purchase. Holders of the Notes are urged to carefully read the Offer to Purchase before making any decision with respect to the Tender Offer.

The distribution of announcement release in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required by each of IGT, the Dealer Managers and the Tender and Information Agent to inform themselves about and to observe any such restrictions.

OFFER AND DISTRIBUTION RESTRICTIONS

Neither this news release nor the Offer to Purchase constitutes an invitation to participate in the Tender Offer in or from any jurisdiction in or from which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws and regulations. The distribution of this news release and the Offer to Purchase in certain jurisdictions may be restricted by laws and regulations. Persons into whose possession this news release or the Offer to Purchase comes are required by each of IGT, the Dealer Managers and the Tender and Information Agent to inform themselves about, and to observe, any such restrictions.

United Kingdom

The communication of this news release and any other documents or materials relating to the Tender Offer 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.

European Economic Area

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 Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State.

Italy

None of the Tender Offer, this news release or any other document or materials relating to the Tender Offer have been or will be submitted to the clearance procedures of the Commissione Nazionale per le Società e la Borsa ("CONSOB") pursuant to Italian laws and regulations. The Offer is being carried out in Italy as an exempted offer pursuant to article 101-bis, paragraph 3-bis of Legislative Decree No. 58 of February 24, 1998, as amended (the "Financial Services Act") and article 35-bis, paragraph 3 of CONSOB Regulation No. 11971 of 14 May 1999, as amended. Holders or beneficial owners of the Notes that are located in Italy can tender Notes for purchase pursuant to the Tender Offer through authorized persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in the Republic of Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of February 15, 2018, as amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.

France

The Offer is not being made, directly or indirectly, to the public in the Republic of France ("France"). Neither this news release nor any other document or material relating to the Tender Offer has been or shall be distributed to the public in France and only qualified investors (investisseurs qualifies) within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 (the "Prospectus Regulation"), are eligible to participate in the Tender Offer. This news release has not been and will not be submitted for clearance to nor approved by the Autorité des Marchés Financiers.

General

This news release does not constitute an offer to buy or the solicitation of an offer to sell Notes (and tenders of Notes pursuant to the Tender Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Tender Offer to be made by a licensed broker or dealer and any Dealer Manager or any of the Dealer Managers' respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offer shall be deemed to be made by such Dealer Manager or affiliate, as the case may be, on behalf of IGT in such jurisdiction.

In addition to the representations referred to above with respect to the United States, each Holder participating in the Tender Offer will also be deemed to give certain representations with respect to the other jurisdictions referred to above and generally as set out in "The Offer—Procedures for Participating in the Offer (Dollar Notes)" and "The Offer—Procedures for Participating in the Offer (Euro Notes)". Any tender of Notes for purchase pursuant to the Tender Offer from a Holder that is unable to make these representations will not be accepted. Each of IGT, each Dealer Manager and the Tender and Information Agent reserves the right, in its sole and absolute discretion, to investigate, in relation to any tender of Notes for purchase pursuant to the Tender Offer, whether any such representation given by a Holder is correct and, if such investigation is undertaken and as a result IGT determines (for any reason) that such representation is not correct, such tender shall not be accepted.

VIENNA, 1st September 2022 – Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has received a supplier certification from the World Lottery Association (WLA) for its Plurius™ omni-channel solution.

The WLA SCS:2020 Level 2 accreditation further underlines the company’s commitment to security and risk management across its products and systems and will enable it to strike new partnerships with WLA members, comprising the world’s leading lottery operators.

The supplier certification from the WLA was awarded after a comprehensive assessment of the company’s omni-channel solution, Greentube Plurius™ and its operations. In 2021, Greentube won a highly competitive European tender to supply the state-owned National Lottery in Luxembourg with Greentube Plurius™.

The accreditation was made possible through Greentube’s ISO 27001 certification which it has held since 2019, and NOVOMATIC’s existing membership of the WLA. Greentube is one of only approximately 30 suppliers to hold a Level 2 certification.

Georg Gubo, COO at Greentube, said: “This certificate demonstrates how serious we take security and risk management and being recognised by the WLA is an important step as we seek to collaborate with leading lotteries such as Loterie Nationale Luxembourg and offer our Plurius™ solution to new partners. Being acknowledged as a trusted supplier to the industry is crucial and we work hard to ensure we adhere to the highest international standards.”
Zitro has increased its presence at Casino Torrelodones with its latest agreement with Grupo Gran Madrid, allowing it to introduce its new multi-game Wheel of Legends featured on the premium Altius Glare cabinet. “We are confident that Wheel of Legends, with its stunning graphics, innovative mathematical models and exciting game mechanics, will be an excellent addition to the Casino Gran Madrid portfolio,” says Jaime Aníbal-Álvarez, director of Casinos Spain at Zitro.

As Sergio Rupérez, Head of Product Retail – Online at Grupo Gran Madrid, points out, “We are delighted to collaborate with Zitro once again and to continue our commitment to offer customers high quality content. Both the Altius Glare cabinet and the Wheel of Legends multi-game offer a unique and immersive gaming experience for our customers, also at Casino Torrelodones”.

“We are grateful that our friends at Grupo Gran Madrid have once again given us the great opportunity to accompany them with the best products and achieve excellent joint results, as we are doing in the Group’s casinos: Casino Torrequebrada, Casino Colón and now Casino Torrelodones, where Wheel of Legends shines brighter than ever,” says Jaime Aníbal-Álvarez, Zitro’s Director of Casinos Spain.

GAN announced that Anders Karlsen, President of B2C, is stepping down from his role with the Coolbet and GAN families. Mr. Karlsen’s resignation is effective as of August 26, 2022.

Screen_Shot_2022-08-31_at_8.14.09_PM.png

Anders Karlsen


Mr. Karlsen was one of Coolbet’s first employees and served as the Chief Operating Officer upon the Company’s founding in 2015. He has been an important part of Coolbet’s success and was instrumental in building its foundation and leading the charge for its global expansion. Since GAN’s acquisition of Coolbet in January 2021, Mr. Karlsen has been a critical piece of leveraging the Coolbet Sportsbook to launch GAN Sports in the U.S. market.

Mr. Karlsen will be succeeded by Endre Nesset, the former Senior Vice President of Global Sports at GAN/Coolbet who has industry experience from online gaming across B2C and B2B operations in multiple markets and continents.

Screen_Shot_2022-08-31_at_8.12.56_PM.png

Endre Nesset

Prior to joining Coolbet in 2020, he served as the Director of Sports at Gaming Innovation Group. Mr Nesset commented, "I am excited and honoured to take on this new challenge to keep growing Coolbet into the new heights together with all our cool people. We have an amazing team, an extraordinary platform and that positions us perfectly for long-term growth."

Dermot Smurfit, Chief Executive Officer of GAN, stated, “I want to thank Anders and express the gratitude of the entire GAN team for his leadership, expertise and hard work since the combination of the GAN and Coolbet teams almost two years ago. Since our acquisition of Coolbet, the product has performed spectacularly, and Anders has helped lay the foundation for what we expect to be a robust and exciting market acceptance of our GAN Sports offering in the very near future. I’d also like to congratulate Endre, who in his time here has built an incredibly strong Sportsbook organization and is highly deserving of his new role.”

Mr. Karlsen concluded, “I am incredibly proud of what we built at Coolbet and thrilled to see its continued success since our combination with the GAN team. GAN has a bright future ahead and is well-positioned to excel in the growing iGaming and online sports betting markets around the world. I also have tremendous confidence that the B2C segment and Coolbet product will continue to thrive under Endre’s leadership.”

Konami Gaming, Inc. announced the appointment of longtime industry veteran Gerard Crosby as senior vice president & chief games product officer, to drive continued games product performance and advancement across global markets. He brings nearly three decades of experience in games research and development, hardware and software engineering, product strategy, and business operations management.

My_project.png

Gerard Crosby

Leading games R&D at Konami Australia Pty Ltd since 2001, he has developed a demonstrated track record of success, delivering consistent results across Australia, New Zealand, Asia, and South Africa, as well as broader markets through cooperation with Konami Gaming, Inc. As senior vice president & chief games product officer for both Konami Gaming and Konami Australia, Gerard Crosby is responsible for leading the company’s global games R&D, including vision, conceptualization, strategy, and execution.

“Gerard Crosby has been with the Konami organization for 23 years, leading with demonstrated commitment to product quality and driving exceptional results for casinos across diverse market segments,” said Steve Sutherland, president and chief executive officer at Konami Gaming, Inc. “Through Gerard’s expanded leadership and ongoing collaboration between Konami’s world-class R&D teams in the United States, Australia, and Japan, we anticipate expanding games product outcomes for our casino customers worldwide.”

In addition to serving as senior vice president & chief games product officer, Gerard Crosby is Konami Australia’s general manager of product development, director, office holder, and secretary. He is also on the Board of Directors for the Australia-based not-for-profit Gaming Technologies Association (GTA), where he chairs the association’s Technical Committee.

For more information about Konami Gaming, Inc., please visit www.konamigaming.com.

VIENNA, 31st August 2022 – Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has further extended its footprint in North America following its launch with BetMGM in Michigan via Entain Gaming Group’s platform.

This partnership marks the second time the duo has worked together to launch in a regulated US state, with Greentube rolling out its games via the leading sports betting and iGaming operator in New Jersey earlier this year.

Those playing at BetMGM in Michigan will be able to enjoy top performing Greentube titles, including its popular Diamond Cash™ series of games Mighty Emperor, Mighty Elephant, and Mighty Sevens.

The expansion represents a major milestone for the organization, as the supplier looks to expand its portfolio in all key regulated markets across the US following its New Jersey debut in 2021. Greentube gained its Michigan licence earlier this year, with online gambling operational in the Great Lake State since January 2021.

David Bolas, Commercial Director at Greentube, said: “The team is thrilled to be launching with BetMGM in Michigan and we really appreciate the importance of this continuing partnership. The US and Michigan in particular are key territories for Greentube. It’s another very important step for us in the context of the wider US market and preparations for launching in Pennsylvania are already underway.”
VIENNA, 30th August 2022 – Greentube, the NOVOMATIC Digital Gaming and Entertainment division, is teaming up with big-name partners, Swiss-Ski, the Austrian Ski Federation and the German Ski Federation, to bring back its internationally popular Ski Challenge game this Autumn. The game will provide a true esports experience, complete with new and improved features.

The winter sports app captures all the excitement and motion of real-life on-piste action, with players competing in races for the best times on popular, real-world inspired ski racing tracks across various online events, tournaments and challenges.

The new esports game, which will include suit and gear customisation and other exciting brand-new features, also grants players exclusive access to popular tracks from the skiing world including brand new ones that haven’t been part of the game before.

The all-new return of the Ski Challenge franchise, which will take place in Autumn 2022, is set to be a hit with the large, active and global community of fans. Contrary to the original title, it is planned to operate the game all-year long and not only during the skiing season. Additionally, new features and tracks will be added after the launch to keep players entertained. The original Ski Challenge game was Greentube’s first-ever gaming title when it hit the market in 1998.

Michael Bauer, Greentube's?CFO/CGO, said: “Ski Challenge established itself as a legendary title when it was available to play on desktop. We are more than happy to not only announce the return of this popular game, but it’s very exciting to be able to bring it back as a true esports mobile app, to players old and new. Especially that we can do so with key partners in winter sports. The updated version is packed with special features that the community is certain to love and we have some very ambitious plans for the franchise in the future.”

Diego Züger, Director Marketing & Deputy CEO, Swiss-Ski, said: “We have seen just how popular Ski Challenge has proven to be with players in the past and it’s fantastic to be able to introduce the game to a new audience. Greentube has done a great job capturing the excitement of the sport and it has been a privilege being a part of the game’s development.”

Christian Scherer, Secretary General at Austrian Ski Federation, said: “It is a tricky task to create a game that is as fast-paced and thrilling as downhill skiing, but that is exactly what Greentube have managed to do. We are sure players all over the world will react positively to this new title that allows them to experience the fascination of sport so realistic and enables us to reach new target groups.”

Stefan Schwarzbach, CEO at German Ski Federation, said: “Having been a part of the development of Ski Challenge, it is very gratifying to see a final product that is as polished and compelling as this is. We are happy to have partnered with the Federations from Austria and Switzerland to help deliver a game that we believe will prove to be a success worldwide.”
After this year’s international launch of the multi-screen version, NOVOMATIC now heralds the impressive single screen version of the DIAMOND X™ cabinet series: DIAMOND X™ 1.55J.

Gumpoldskirchen, August 30th, 2022 – After the launch of the DIAMOND X™ 2.32 multi-screen cabinet in March, NOVOMATIC now follows up with the brand-new DIAMOND X™ 1.55 J-curve version of this magnificent video slot cabinet. Its elegant J-curved 1.55” UHD PCAP touchscreen and the exquisite LED silhouette make the DIAMOND X™ 1.55 a safe bet for exciting curve screen game presentation and maximum player appeal.

Refined details like the large foot well, two XL start buttons and the indirect LED lighting concept with intelligent game-synched colour effects ideally contrasting the black metro finish create a sophisticated blend of ergonomics and ambiance. Further design elements, which the DIAMOND X™ 1.55J shares with its sister cabinet are the modern front door panel with the characteristic facelift of the grill and the player interface options: button deck as a standard and a 15.6” TouchDeck™ player interface complemented by two extra-large physical buttons as an option.

The improved maintenance concept for the DIAMOND X™ 1.55J includes a monitor mounting that can be hydraulically lifted, granting excellent access to the key components as well as a folding mechanism for space-optimized, safe transport.

The DIAMOND X™ 1.55J now launches with the exclusive XTENSION LINK™ for the international markets. Jakob Rothwangl, VP Global Sales NOVOMATIC AG, said: “The DIAMOND X™ 1.55J is our first NOVOMATIC cabinet with the J-curved screen and in any case a successful premiere. It perfectly complements the 2.32 multi-screen version, delivering a highly intriguing presence on the gaming floor, thanks to its stunning indirect LED lighting concept against the backdrop of the black finish.

This hardware achievement is complemented by exciting and dedicated content utilizing the big upright screen format. I dare say that the DIAMOND X™ 1.55J definitely has the makings of a new bestseller.”
LAKEWOOD, N.J. (August 29, 2022) – Gaming Laboratories International (GLI®) has promoted Angela Wong to Vice President of Global Lottery Solutions. Wong has been with GLI since 2021, previously serving as Director of Lottery Solutions.

In her new role, Angela will join the GLI Global Leadership Team and continue to provide strategic direction for the GLI Group’s array of lottery services. She will focus on growing GLI's portfolio of engagements within the lottery industry and producing highly successful outcomes for the company's clients.

GLI Senior Vice President of Government Relations & General Counsel Kevin Mullally said, “The landscape for lotteries is changing rapidly, and we are confident in Angela’s ability to coordinate the highly specialized professionals from our global teams with our lottery clients to help them navigate the future of the industry.”

Last year, Wong was inducted into the PGRI Lottery Industry Hall of Fame. She was chosen for the honor by the Hall’s 94 members, who voted for and elected three industry leaders to be inducted into the Class of 2021.

Prior to joining GLI, Wong was director of the Montana Lottery, where she earned a reputation for her leadership and innovative approach. She is a past president of the North American States and Provincial Lotteries (NASPL), where she held multiple leadership positions over ten years.

Discover a world of opportunity at gaminglabs.com/careers.
VIENNA, August 24th 2022 – Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has appointed Felipe Ludeña as its first Chief Sportsbook Officer, while Georg Gubo has taken up the position as Managing Director at ADMIRAL Sportwetten alongside him.

Ludeña, who is currently Managing Director for ADMIRAL Sportwetten GmbH, officially joined Greentube GmbH on 1st August 2022, taking up a seat on the company’s board as part of a strategic move to strengthen the collaboration between the two companies.

It has also been confirmed that Georg Gubo will combine his new role of Managing Director at ADMIRAL Sportwetten with his current position as Greentube’s COO.

The changes are designed to bolster the work of ADMIRAL and Greentube – both of which are part of the NOVOMATIC Group of companies – across various areas of online entertainment.

Felipe Ludeña, MD for ADMIRAL Sportwetten and Chief Sportsbook Officer at Greentube, said: “With our continued strong performance in regulated markets across the world, it is a natural evolution for Greentube to fully immerse itself in the wider entertainment industry.

“I am honoured to be appointed as the company’s first Chief Sportsbook Officer. While Greentube has a vast heritage in online gaming, we want to engage players across a variety of different online verticals in future months and years.”

Georg Gubo, Managing Director of ADMIRAL Sportwetten and Chief Operations Officer at Greentube, said: “There are clear synergies between ADMIRAL and Greentube that can help to drive growth for both parties. These new appointments will help to inform that strategy.

“On a personal note, it’s a privilege to join a company as prestigious as ADMIRAL as Managing Director and I believe the future is bright for all involved.”
Zitro reaffirms its commitment to the Swiss gaming market with the addition of the premium Altius Glare cabinet at Casino Barrière Montreux. With an ergonomic design featuring a 55? screen combined with a 27? Full HD screen, this slot cabinet offers players a truly immersive gaming experience. Altius Glare features Wheel of Legends, a 4-level progressive multi-game that, along with its powerful combination of graphics, premium sound system and math models, is proving to be a hit with slot players worldwide.

“We are both excited and happy to see Altius Glare live at the prestigious Casino de Montreux, as we are convinced it will offer Swiss players pure entertainment at the highest level,” said Nadège Teyssedre, Zitro’s EMEA sales director. “This partnership represents another important step in the company’s expansion plans in Switzerland”.


Jerôme Colin, director of Casino Barrière Montreux, commented: We are very proud to bring Zitro’s premium cabinet – Altius Glare – to our casino in Montreux, and to expand our gaming portfolio with a well-known and highly reputable casino supplier. We are confident that this partnership will continue to be a long and fruitful one for both parties”.

“We are grateful to Barrière Group for their continued commitment to our product. We are confident that Altius Glare, together with Wheel of Legends, will offer customers an exceptional and exciting gaming experience and, above all, revenue growth,” concluded Nadège Teyssedre, Zitro’s EMEA sales director.

In advance of Hispanic Heritage Month, J Carcamo & Associates announces the acquisition of the Hispanic marketing and engagement Venture, espNOLA.

The face of America is ever-evolving, and today's consumer is multicultural, representing the majority of expected growth in the US. More importantly, as the second-fastest growing ethnic group since 2000, Hispanics account for the largest multicultural segment and one of the most significant opportunities for businesses today and in the future.

J Carcamo & Associates has absorbed the joint venture, espNOLA, to provide marketing and engagement with this valuable segment to clients. Hispanic consumers are a perfect match for most businesses. These digital-first, innovative buyers are increasingly diverse and affluent. While much can be said about demographics, their impact and spending power are undeniable.

"As a first-generation child of immigrants, I was able to see the transformation of this segment into a powerful buying force," says marketing consultant Julia Carcamo. "As a casino marketer, I've operated in markets where the Latino community was a prime demographic. Now that I have the opportunity to work in multiple jurisdictions, I see more clearly the opportunity to engage with this growing, acculturated group of people."

VIENNA, 23rd August 2022 - Greentube, the NOVOMATIC Digital Gaming and Entertainment division, is challenging players to uncover secrets of the deep in its latest release Lord of the Ocean™ 10: Win Ways™.

The epic underwater adventure has taken the popular Lord of the Ocean™ title and doubled the fun by adding an additional set of reels along with the exciting 10 Series Win Ways™ mechanic, providing new depth in terms of ways to win by removing symbols to allow more to fall into place.

Transferring Wilds add to the voyage of discovery, with any that land on the left set transferred across to the corresponding reel on the right set. Free Spins can be claimed by landing three Scatter symbols which appear on reels one, three and five on both sets of reels. Three Scatters award eight Free Spins, four grant the player 12, and five or more Scatters result in 20 Free Spins.

During Free Spins, any Wild symbols landing on the left set are transferred across to the right, while the Free Spins round also features a Special Expanding Symbol. Selected at random before the start of the feature, the stacked symbols also transfer across the reels for additional chances of landing substantial underwater treasures.

There is also a Buy Bonus feature that takes players straight into the Free Spins round, in those jurisdictions where it is permitted.

Steve Cross, Director of Games Development and Operations at Greentube, said: “The original Lord of the Ocean still proves to be a huge hit with players and it’s great to be able to refresh and breathe new life into a much-loved title.

“The addition of the 10 Series Win Ways™ mechanic presents new possibilities and adds to the on-screen action. It’s a game we believe will resonate with both existing and new fans of the underwater hit and we very much look forward to seeing how it performs in markets worldwide.”
At the Global Gaming Awards 2022 Asia in Singapore, NOVOMATIC’s proven electronic table games solution Novo Unity™ II received the award in the category “Table Game of the Year”.

Gumpoldskirchen/Singapore, August 22nd, 2022 – The Global Gaming Awards have been recognizing special milestones and achievements in the gaming industry since 2014. 2022 marks the launch of a dedicated Asian edition of this highly prestigious industry award the winners thereof were announced on August 22nd during a virtual event.

To the company’s great pride and delight, NOVOMATIC’s internationally proven electronic table games (ETG) platform Novo Unity™ II was recognized in the segment “Table Game of the Year”. This ETG offer is built on a highly stable and reliable platform and presents a very broad range of games as well as game variants such as fully automated, entirely virtual or connected to a live-dealer operated table. With the integration within a WAN structure slot offers, innovative side bets as well as Jackpots and novel features like the brand new Going For Gold™ and Lucky Lady’s™ Roulette, the Novo Unity™ II is a safe bet for operators and a popular favourite with guests.

Jakob Rothwangl, NOVOMATIC VP Global Sales, says: “We are very honoured to receive this award. Novo Unity™ II products are very popular in the Asian region, with major arena installations in markets like Cambodia and Malaysia. The system offers a variety of options that enable a high level of customisation according to specific operator requirements – both in terms of infrastructure and game presentation – and it is complemented by a range of NOVOMATIC cabinet styles and high quality display options to suit any location. The popularity of this product with both operators and players remains extremely resilient, with recent figures showing Electronic Table Gaming’s popularity has increased notably in recent months.”

The Global Gaming Awards 2022 Asia honoured leading companies and industry executives for industry innovation and leadership achievements in a total of nine categories. Winners were selected by a judging panel consisting of more than 30 of the world’s leading industry experts. The Global Gaming Awards rank among the most reputable awards in the industry, with a voting process, which is independently monitored by KPMG.

2022 Second Quarter Net Sales of $12.6 Million, up 35% on a Year-Over-Year Basis

FST Recurring Revenue of $2.2 Million, up 5% on a Year-Over-Year Basis

FST Paid Terminals Up 38% from June 30, 2021


HAMDEN, Conn.--(BUSINESS WIRE)--Aug. 17, 2022-- TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary operating results for the quarter ended June 30, 2022.

“The second quarter marked a return to more normalized Food Service Technology (“FST”) results, particularly in the hardware and label sales categories. Importantly, we now feel that our FST sales team is completely built out, which we believe will pay dividends in the back half of the year and beyond. After attending three important trade shows over the last several months and with our new sales leaders, we are adding quality leads and trials and building a robust pipeline,” said Bart C. Shuldman, CEO of TransAct.

Mr. Shuldman continued, “I am also particularly proud of our engineering, operations, and purchasing teams, who were tasked with finding more parts, re-designing product, and assembling as many printers as they possibly could, which they absolutely did. We began ramping up our production of POS and casino printers in May 2022, shipped many printers in June 2022 and expect near record levels of production and sales of these products in the second half of 2022, barring an unforeseen parts issue. Finally, we are also seeing excellent early results from our previously announced cost cutting initiatives, which combined with leverage from the increased production and projected revenues, we anticipate will result in the Company moving towards breakeven adjusted EBITDA as we progress through the second half of the year.”

Second Quarter 2022 Financial Highlights

Net Sales: Net sales for the second quarter of 2022 were $12.6 million, up 35% compared to $9.3 million for the second quarter of 2021.
FST Recurring Revenue: FST recurring revenue for the second quarter of 2022 was $2.2 million, up 5% compared to $2.1 million for the second quarter of 2021.
Gross Profit: Gross profit for the second quarter of 2022 was $5.4 million, resulting in gross margin of 43.0%, compared to gross profit of $3.4 million for the second quarter of 2021, which resulted in a 36.8% gross margin.
Operating loss: Operating loss for the second quarter of 2022 was $(3.0) million, compared to operating loss of $(2.7) million for the second quarter of 2021.
Net loss: Net loss for the second quarter of 2022 was $(2.4) million, or $(0.24) net loss per diluted share, based on 9.9 million weighted average common shares outstanding. Net loss for the comparable 2021 period was $(2.0) million, or $(0.23) net loss per diluted share, based on 9.0 million weighted average common shares outstanding.
EBITDA loss: EBITDA loss was $(2.8) million for the second quarter of 2022, compared to an EBITDA loss of $(2.4) million for the second quarter of 2021.
Adjusted EBITDA loss: Adjusted EBITDA loss was $(2.5) million for the second quarter of 2022, compared to adjusted EBITDA loss of $(2.0) million for the second quarter of 2021.
Paid Terminals: Paid terminals in the market were 10,941 on June 30, 2022, compared to 7,942 on June 30, 2021, an increase of 38%.

 

Full report with spreadsheet: https://transacttech.gcs-web.com/news-releases/news-release-details/transact-technologies-reports-preliminary-second-quarter-2022