Connect with us

Industry News

Sands Resorts Macao Launches Micro-Movie with Venetian Macao Brand Ambassador David Beckham

Published

on

Sands Resorts Macao Launches Micro-Movie with Venetian Macao Brand Ambassador David BeckhamReading Time: 3 minutes

Movie shows sports icon on a quest to find the perfect Portuguese egg tart in Macao

 

MACAO, July 19, 2018 — Sands Resorts Macao has launched an online micro-movie featuring international businessman, sportsman and The Venetian® Macao brand ambassador David Beckham, along with several Chinese celebrities, who take him on a quest to find the perfect Portuguese egg tart in Macao. Released today, the micro-movie is a light-hearted take showcasing The Venetian Macao, The Parisian Macao and Macao as destinations renowned for Macao’s legendary egg tarts and a must-do on every visitor’s agenda when they visit.

Joining David are leading Chinese celebrities and actors Qiao Shan (taxi driver), Yang Di (waiter), Liu Yan (taxi driver’s sister), Lam Suet (chef), Cao Tu Jun (restaurant staff) and Helena Law Lan (bakery owner/grandmother).

The micro-movie shows David reminiscing about a previous visit to Macao when he encountered an elderly lady, Sally, famous for her egg tarts. Keen to revisit her renowned bakery, David escapes the waiting paparazzi outside The Venetian Macao in a taxi, only for the driver to unwittingly take him to a random cha chaan teng, or traditional Chinese cafe in old Macao. Inadvertently his comments offend the store staff which sets off a chase around the laneways before they make their escape.

Once David remembers he has the original egg tart wrapper from his first meeting, the taxi driver realises it was his own grandmother’s shop and they are reunited. But the grandmother explains she has a new shop, Sally’s Bakery, and takes David there, only for him to discover it is actually back at Sands Resorts Macao’s The Parisian Hotel.

The micro-movie was produced by leading award-winning production house Traktor and supported by Ng Fan, Chief Creative Officer, Saatchi and Saatchi Shanghai, and was shot on location throughout many of Macao’s distinctive landmarks and laneways.

As brand ambassador for The Venetian Macao, David visits Macao on a regular basis and is known for his commitment in supporting the local community on behalf of Sands China Ltd.

“Working with The Venetian Macao on this film was a really great opportunity for me to see both the old and the new sights in Macao and of course, to taste my favourite dessert — the legendary custard tart!” said David Beckham.

To view the micro-movie in full, please visit https://www.venetianmacao.com/campaigns/db-video-campaign.html

 

About Sands Resorts Macao — Sands China’s Integrated Resort City

Sands China Ltd. is the leading developer, owner and operator of integrated resorts in Macao. The fittingly named Sands Resorts Macao, situated on reclaimed land between the islands of Coloane and Taipa, is the one destination that provides a stunning array of experiences at the heart of Cotai. Sands Resorts Macao has transformed a day-trip market into an integrated resort city and international hub for business and leisure travellers.

Pulsating with life, both night and day, Sands Resorts Macao features an expansive offering of affordable luxury available nowhere else in Macao. With the opening of The Parisian Macao, it now boasts approximately 13,000 hotel rooms and suites, international superstar live entertainment, duty free shopping with more than 850 retailers offering a huge array of name brands, meeting and exhibition space for Asia’s leading conferences and exhibitions, transportation offerings and well over 150 dining options, including Michelin-starred restaurants, bars and lounges. Sands Resorts Macao is a must-go destination providing every guest with an unforgettable experience and unparalleled excitement.

Comprised of The Venetian® Macao; The Plaza™ Macao, featuring the Four Seasons Hotel Macao; and Sands® Cotai Central, including the world’s largest Conrad, Sheraton, and St. Regis hotels as well as the Holiday Inn, Sands Resorts Macao is where Asia’s ultimate destination is within reach. And now the crowning achievement of Sheldon G. Adelson’s vision of the Cotai Strip — The Parisian Macao. For more information, please visit ParisianMacao.com.

 

Source: Sands Resorts Macao

Source: Press Release submitted to European Gaming Media

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Industry News

Lotto Warehouse strikes landmark deal with Betsson

Published

on

By

Reading Time: 2 minutes

 

The Betsson family of brands will soon offer its customers access to the world’s biggest and best lottery jackpots, perfectly complementing their extensive portfolio of Sports Betting, Casino, Poker, Bingo and other games.

This deal is truly a significant one for Lotto Warehouse as it sees the Nasdaq Stockholm listed company, and one of the largest companies within the European iGaming industry, embracing the potential of the lottery vertical.

Lotto Warehouse CEO Thomas Biro said: “Betsson are a hugely respected operator and we are pleased they saw the great potential of our offering.”

“We wanted to revolutionise one of the oldest gaming industries whilst giving players the opportunity to dream big. Today’s players are discerning ones – they want choice and they want customization. Lotto Warehouse offers all that and more by breaking down borders and offering the world’s biggest lotteries in one place.”

Mark Adams, General Counsel for The Multi Group, “Absolutely delighted that we have reached an agreement to provide services to Betsson Group. Both the legal and commercial teams have done an outstanding job to bring this deal together.”

Joey Hurtado, Head of Gaming for Betsson Group added: “After a thorough search and review of different lottery providers, we felt that Lotto Warehouse’s great UI, excellent offering and outstanding business models were the best fit for Betsson Group and our players.”

Lotto Warehouse are a B2B Lottery Betting provider for the iGaming industry. They are licensed by both the Malta Gaming Authority and the British Gambling Commission and offer operators the chance to add a catalogue of the world’s biggest lottery betting products to their platforms, with all higher tier payouts protected by their unique jackpot indemnity insurance model. They are a subsidiary of New York Stock Exchange listed online sports lottery service provider 500.com (NYSE: WBAI) and their extensive client list now also proudly includes Betsson.

If you too want to learn more about this exciting new vertical that you can offer your customers, why not set up a meeting with Lotto Warehouse at Sigma by email to info@lottowarehouse.com. It’s time to let your customers dream big!

Source: Latest News at European Gaming Media

Continue Reading

Industry News

UK Gambling Commission appoints Dr Anna van der Gaag as Chair of the Responsible Gambling Strategy Board

Published

on

By

UK Gambling Commission appoints Dr Anna van der Gaag as Chair of the Responsible Gambling Strategy BoardReading Time: 2 minutes

 

Dr. Anna van der Gaag CBE has been appointed as the new Chair for the Responsible Gambling Strategy Board (RGSB) – the Gambling Commission’s expert advisors on the research, education and treatment required to reduce gambling-related harms.

Anna will join RGSB as a member with immediate effect and will take on the role of Chair to succeed Sir Christopher Kelly, whose term as RGSB chair comes to an end in March 2019. Anna is a Visiting Professor of Ethics and Regulation at the University of Surrey and she’s held regulatory roles in the health, social care and legal sectors. Anna also has a particular interest in how regulators can be proactive in the prevention of harm.

Bill Moyes, Gambling Commission Chair said: “It is with pleasure that we announce Dr Anna van der Gaag as the new Chair of RGSB. She brings with her a wealth of experience in health, social care and the prevention of harm that will be an asset in advising on how to implement the next National Strategy, which will launch in April 2019 and on which we will shortly be consulting.”

Dr Anna van der Gaag, speaking about her appointment said: “Gambling-related harms are increasingly recognised as a public health issue requiring robust collective action. I am thrilled by this opportunity to join a team with such a passionate commitment to understanding and reducing harms and raising awareness of the personal and societal costs that can arise from gambling activities.”

Sir Christopher Kelly said: “I am delighted to welcome Dr Anna van der Gaag as my successor. Anna’s strong background in research and regulation provides a solid foundation to provide authoritative advice on the next strategy and to achieve our aim – to reduce the impact of gambling-related harms, especially among the most vulnerable.”

Formerly Chair of the Health and Care Professions Council, she is a non-executive director at Health Education England and the Kent Surrey and Sussex Academic Health Science Network and a founding member of the Q Community, a quality improvement network led by the Health Foundation. She was awarded the CBE for services to health and care in 2015.

Source: Latest News at European Gaming Media

Continue Reading

Industry News

Zeal Network SE Announces Takeover Offer For Germany’s Largest Private Digital Lottery Broker Lotto24 AG

Published

on

By

Zeal Network SE Announces Takeover Offer For Germany’s Largest Private Digital Lottery Broker Lotto24 AGReading Time: 5 minutes

 

  • The transaction will create a digital lottery group with currently more than 5 million combined customers globally, current combined billings of about EUR 500 million, and a diverse international footprint
  • The combined group will build on the existing position of Lotto24, discontinue the German secondary lottery business of Tipp24 and transform it to a locally licensed online broker. The companies jointly aim to accelerate growth of online brokerage in the EUR 8.7 billion German lottery market
  • The all-share takeover delivers significant benefits for shareholders with expected cost synergies of EUR 57 million per year, strong future cash generation, and a reduced risk profile
  • The transaction strengthens the German lottery market and returns to federal states and their lottery beneficiaries
  • ZEAL expects to offer one new ZEAL share for ca. 1.6 Lotto24 shares, reflecting the ratio of the volume-weighted average prices of ZEAL and Lotto24 shares over the past three months
  • ZEAL has secured irrevocable commitments to accept the offer from major shareholders representing approximately 65% of Lotto24 shares

 

ZEAL Network SE (“ZEAL”) announced an all-share voluntary takeover offer for Germany’s largest private digital lottery broker, Lotto24 AG (“Lotto24”). On completion, the transaction will create a digital lottery group with currently more than 5 million combined customers globally, current combined billings of about EUR 500 million, and a diverse international footprint.

In the context of the deal, and consistent with its renewed strategy to de-risk its business model and focus on locally-licensed businesses, ZEAL intends to transform its German secondary lottery business into a locally licensed online brokerage model after reacquiring control of its myLotto24 and Tipp24 subsidiaries and, in due course, to relocate ZEAL to Germany. The transaction will significantly strengthen the German lottery market and expand returns to federal states and their lottery beneficiaries.

 

A strong platform for accelerated growth and shareholder value creation

The transaction combines the strong balance sheet, high-quality loyal customer base, and technological capabilities of ZEAL with the proven expertise of Lotto24 in the German lottery brokerage market. The enlarged Group will be in a unique position to accelerate online brokerage growth in the German lottery market.

The Group will also continue to pursue its international growth ambitions, building on the existing, diverse international portfolio (UK, Ireland, Spain, Norway, and Netherlands) and global development pipeline of ZEAL, with the aim of creating long-term growth and sustained shareholder and customer value.

ZEAL believes that the change to its business model in Germany will deliver significant benefits to ZEAL shareholders in the medium term as a result of reduced operational, tax and regulatory risk as well as improved growth potential. As part of the business model change, ZEAL has taken the decision to discontinue certain products and to focus on less volatile brokerage income in the German market, resulting in net annual run-rate revenue dis-synergies of ca. EUR 107 million, which is expected to be compensated for over time through accelerated growth of the enlarged Group. The combination with Lotto24 is also expected to deliver annual run-rate cost synergies of c. EUR 57 million through greater platform efficiencies and significant reductions in other operational costs. Further details of these revenue dis-synergies and cost savings are set out in Appendix A to this announcement.

In addition, ZEAL management has identified further cost savings of approximately EUR 4 million, which do not arise as a consequence of the transaction and sees additional potential future upside.

 

Dr Helmut Becker, CEO of ZEAL, said:“ZEAL will reunite with Germany’s largest digital lottery broker. We will have a significantly enlarged, loyal customer base, strong technology and marketing platforms, and an exceptionally experienced team. Together with our plans to regain control of Tipp24 and transform its German business models, this puts us in an excellent position to accelerate online growth in both the EUR 8.7 billion German lottery market and EUR 270 billion global lottery sector – as a locally-licensed broker, licensed operator, and lottery investor. This transaction is good for shareholders, good for customers, and good for the German federal states and their lottery beneficiaries. We have held initial, constructive conversations with Lotto24 and look forward to further engaging with the management to achieve a successful combination of the businesses. We also look forward to a successful and constructive cooperation with Germany’s state lotteries and invite all shareholders to join us on this journey.”

 

Since its IPO on the Frankfurt Stock Exchange in 2012, Lotto24 has grown rapidly. In 2017, Lotto24 generated billings of EUR 220.7 million and revenues of EUR 25.2 million. In October 2018, Lotto24 upgraded its full year guidance, anticipating billings’ growth of between 38% and 43% for 2018. In the first nine months of 2018, the company increased billings by 43% to EUR 235.9 million, revenues grew almost 50% to EUR 28.1 million, and the total number of registered customers rose by 36% to 2.04 million.

ZEAL has nearly two decades’ experience as an online lottery operator, reseller and investor. In 2017, ZEAL delivered billings of EUR 280.5 million and revenues of EUR 134.3 million. In the first nine months of 2018, billings increased 5% to EUR 212.4 million, revenues rose by 19% to EUR 111.2 million, and the number of new customers grew by 54%, taking the total number of registered customers of the Group to more than 3.5 million.

 

Transaction supported by major Lotto24 shareholders

ZEAL will offer Lotto24 shareholders the opportunity to exchange their Lotto24 shares for shares in ZEAL. The offer consideration will reflect the ratio of the volume-weighted average share prices of both Lotto24 and ZEAL over the past three months before announcement of the transaction. Subject to the final determination of the minimum prices required by law and the final terms set forth in the offer document, ZEAL intends to offer one new ZEAL share as consideration in exchange for each ca. 1.6 tendered shares of Lotto24. Independently of the offer, ZEAL expects to pay an ordinary interim dividend ofEUR 1.00 by year-end 2018.

 

In a clear statement of shareholder support for the deal, ZEAL today entered into irrevocable tender agreements with major shareholders of Lotto24, namely with Günther Group, Working Capital and Jens Schumann. They represent approximately 65% of the shares and voting rights in Lotto24. By entering into the tender agreements, these shareholders have undertaken to tender their shares in Lotto24 into the offer.

 

Jonas Mattsson, Chief Financial Officer of ZEAL“We believe this deal creates significant value for ZEAL and Lotto24 shareholders. The future growth prospects, significant reduction of regulatory risk and the related uncertainties, and EUR 57 million of annual cost synergies make the combined group a highly attractive long-term investment proposition. With our shared history, we are confident of achieving a seamless integration of both companies. Weencourage all holders of Lotto24 and ZEAL shares to follow the major shareholders and take part in the offer.”

 

The offer will be made in accordance with the conditions to be set forth in the offer document, among others a minimum acceptance rate of 50% plus one share of Lotto24. Further details of the offer and its terms, including the acceptance period, will be contained in the offer document. ZEAL expects that the offer document will be published on the website www.zeal-offer.com at the beginning of 2019.

An extraordinary general meeting of ZEAL is expected to be held at the end of December 2018, at which ZEAL will ask its shareholders to approve the offer, including the acquisition of Lotto24 shares from certain members of the Supervisory Board of ZEAL or persons connected with them, and authorise the Executive Board to allot a number of shares as required to fund the offer. As Günther Group has made it a condition to its tender agreement with ZEAL that it will not, as a consequence of the offer, be subject to a legal obligation to make a general offer for the shares in ZEAL which it does not own at that time, ZEAL will furthermore propose a resolution to its shareholders (other than Günther Group and persons acting in concert with Günther Group) to approve the waiver of such obligation granted by the Panel on Takeovers and Mergers. The ZEAL shareholder approvals will be a condition for ZEAL to publish the offer document.

Discussions with the German gambling regulatory body about the future licensing arrangements for the enlarged Group have already been initiated. ZEAL expects to complete the transaction in the first half of 2019.

Source: Latest News at European Gaming Media

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Trending