Lottery News

Jumbo Interactive delivers strong growth in 1H22 with positive momentum across all business segments

Mike Veverka, CEO and Founder of Jumbo Interactive, commented: “We are very pleased with the growth that we have achieved this half, across all our operating segments, and the positive momentum across the business. “Lottery Retailing continues to perform exceptionally well, underpinned by the improved jackpot cycle and our focus on player engagement and retention. Our SaaS and Managed Services segments continue to demonstrate good organic growth, with all our Australian SaaS clients contributing on a full run-rate basis.”

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Tabcorp Awarded Victoria 20 Year Digital Keno Licence

Sue van der Merwe, Managing Director of Lotteries & Keno, stated: “Tabcorp is pleased to continue its partnership with the Victorian Government with the longer term and expanded channel flexibility offered under this licence.” “The new structure will allow us to continue offering Victorian players a world class Keno product and responsibly grow the game further, backed by our extensive retail and brand presence and the expertise gained from our existing Keno online business.”

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New Hampshire Lottery Launches State-of-the-Art Mobile App

“We are all about fun and excitement in everything we do and what could be more fun than having the New Hampshire Lottery in the palm of your hand?” said Charlie McIntyre, Executive Director, New Hampshire Lottery. “With an intuitive design and a variety of features, the app is already a huge success with our players who now have a new, convenient way to engage with the New Hampshire Lottery. Aside from enhancing the New Hampshire Lottery experience for our players, the app gives us another tool to support our mission of maximizing revenue for New Hampshire schools.”

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People

IGT - International Game Technology PLC Announces Executive and Board Leadership Changes

"I am looking forward to taking on the new role of executive chair at IGT and to partner with Vince, with whom I have worked extensively over the years, in leading IGT forward. I believe our skills and experiences are complementary and will serve our stakeholders well. In particular, Vince's vast experience with portfolio companies and capital markets will be valuable as we look to execute on our strategy," said Marco Sala, CEO of IGT. "IGT is well-positioned for the future, and I am very excited to join the Company as its next CEO. With a seasoned executive team and very talented group of employees across the world, it represents a great opportunity for me to support an industry leader in the next phase of its growth," said Vincent Sadusky.

Legal Matters

The Kentucky Lottery Corp. says unregulated devices hurt lottery sales

The Kentucky Lottery Corp. says the gaming machines hurt lottery sales. In a November meeting of the interim committee on licensing and occupations, Lottery Corp. President and CEO Mary Harville told state lawmakers lottery sales are down 3% in places that have the machines, compared to being up 4% in places that don’t have machines.   According to the meeting minutes, Lottery Corp. outside counsel John Goldberg called the machines “blatantly illegal.”   In an interview, Harville said the county with the most machines, Laurel County, has seen lottery sales “flatline,” while lottery sales overall are up across the state. If the machines continue to expand, they will cut into lottery sales. Lottery proceeds are used for KEES scholarships for public school students and other scholarship programs. “The impact is going to be profound if that proliferation (seen in Laurel County) occurs through the entire state,” Harville said. Pennsylvania, which has a large number of gaming machines has seen a decrease in lottery revenue, Harville said. Pennsylvania “estimated they lost over $500 million over a four-year period,” Harville said.

Kindred Group receives warning from Norwegian regulator

"When a gambling company that operates illegally in Norway can make NOK 437 million from its illegal activity within a year, we owe it to the Norwegian people to do what we can to stop the illegal activity," says Director of the Lottery and Foundation Authority Atle Hamar.

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