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Scientific Games Takes Entertainment To The Next Level At G2E 2018

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Scientific Games Takes Entertainment To The Next Level At G2E 2018Reading Time: 6 minutes

Scientific Games showcases the most innovative gaming entertainment content, platforms and services including sports betting solutions
Company shortlisted for seven Global Gaming Awards

 

Scientific Games Corporation will create a dynamic environment to show its customers how it is evolving entertainment when it comes to casino, lottery, digital and sports betting at the 2018 Global Gaming Expo (“G2E”) October 8-11 in booth #1126 at the Sands Expo in Las Vegas.

“Our team at Scientific Games is evolving entertainment to help our customers compete in a dynamic and rapidly-changing world,” said Barry Cottle, Scientific Games’ President and CEO. “At G2E, we’ll premiere new products that reflect the tech megatrends of our time and showcase the world’s leading sports betting platforms. These products are part of our experiential gaming ecosystem that combines great games that players love, robust data and innovations to provide wagering across all gaming environments.”

When visitors enter the Scientific Games experience at the show, they will be transported to an interactive theater that will connect them with the Company’s experts and get a first-hand look at new games, platforms and systems. They will also see how all of the innovative products and systems work seamlessly together on the floor and create opportunities to play anywhere, anytime.

Scientific Games’ stellar performance and commitment to player-centric content and innovation have resulted in the Company being shortlisted for seven Global Gaming Awards: Land-Based Industry Supplier of the Year, Digital Industry Supplier, Land-Based Product of the Year, Digital Product of the Year and Slot of the Year. Both Cottle and Scientific Games’ Matt Davey were shortlisted for Executive of the Year.

Championing New U.S. Sports Betting Opportunities
Scientific Games is ready to help customers level up with the world’s top sports betting solutions and ignite a fast-to-market, full-stack sports portfolio. Following the Supreme Court’s ruling on PASPA in May, Scientific Games has been uniquely positioned to provide a full service sports betting product suite with unparalleled speed. At G2E, the Company will highlight its innovative roadmap to help get sports betting up and running quickly and set a foundation for continued growth and player engagement in the exploding U.S. market.

G2E is the perfect venue to showcase OpenBet™, the industry’s leading sports betting technology. Scientific Games can partner with operators to offer a one-stop sports portfolio, which includes sports betting, retail terminals, portal, mobile betting, sportsbook operations, in-venue, and managed trading services. Scientific Games is completely equipped to offer turnkey services and support customers in growing their business to take advantage of this exciting new gaming entertainment opportunity.

Creating Games Players Love
At the heart of Scientific Games is a drive to create games that players love, and the Company is using that drive to build a state-of-the-art entertainment ecosystem that delivers thrilling content across all gaming verticals from slots to social games, from the casino floor to mobile, and from sports to lottery games and technologies.

Some of the dynamic games and products the Company will share at G2E this year include:

  • BOND. JAMES BOND. When it comes to innovation, no series demonstrates Scientific Games’ cutting edge-approach like the JAMES BOND™ series. The Company will showcase platforms and innovative game mechanics through new titles that evoke the adrenaline and intrigue synonymous with the most famous British Secret Service agent ever, such as DIE ANOTHER DAY™, GOLDENEYE™ and LIVE AND LET DIE™. DIE ANOTHER DAY™ is sure to be the talk of G2E as the cabinet uses an illusion technique called Pepper’s ghost to create an exciting show for players.    
  • The next era of casino gaming will be clear when visitors see the new MONOPOLY Top Hat Roulette™. This twist on this classic theme features a circular construction which creates a thrilling social experience for players.
  • The new TwinStar® Wave XL cabinet, which builds on the celebrated ALPHA Pro Wave® legacy, offering a bigger and better player experience. This cabinet showcases a curved, 49-inch, 4k resolution, ultra-high-definition display, generating the kind of graphics only seen in high-end home theatres. Games available on this cabinet include enhanced versions of player favorites such as Dragon Spin Age of Fire™ and Cash Wizard™ World, in addition to Jin Ji Bao Xi™– Endless Treasure™ and Jin Ji Bao Xi – Rising Fortunes®.
  • Classic movie fans will love two new games based on iconic movies: MUNCHKINLAND™ featuring THE WIZARD OF OZ™ showcased on the new, immersive Gamefield 2.0™ cabinet; and WILLY WONKA™ – LOOMPALAND™ starring the OOMPA LOOMPAS of CHARLIE AND THE CHOCOLATE FACTORY™ on the popular Gamescape® cabinet.
  • The Company will also feature new table games and utilities, such as I Luv Suits Poker™, Vegas Blackjack Fever, and a new version of HIC HOLD’EM POKER™.
  • Scientific Games Digital Open Gaming System (OGS) offers more than 2,000 online game titles from the Company’s nine in-house game studios and multiple third-party providers. The OGS portfolio boasts perennial proprietary favorites and world-famous licensed brands.

The Casino of the Future
To bring it all together, Scientific Games is showing its customers how it is evolving entertainment by transforming the traditional casino into a dynamic space that offers unique social experiences, fosters player interaction and creates immersive environments. By imagining how players will experience the casino of the future, Scientific Games is evolving land-based gaming and innovating a connected system from casino to mobile to home.

As the number one provider of gaming systems, Scientific Games will demonstrate its unrivaled cardless, cashless, connected player experience and will also unveil a Table Ecosystem of real-time ratings and table game analytics for superior operational performance. Beyond dynamic games, the Company offers systems that create a better player experience and a more profitable and informed operator. From the iVIEW® 4, which offers cardless loyalty enablement and a cashless wallet to Praxis Analytics®, offering intelligent and predictive data that support marketing, loyalty and customer engagement, Scientific Games will demonstrate how all the products and systems integrate on the gaming floor.

Revolutionary Lottery Games and Technologies
Breakthrough lottery products, backed by trusted, secure Scientific Games technologies, will also be on display at G2E, including the SCiQ® intelligent instant game ecosystem set to revolutionize the lottery retail environment. The Company will also showcase PlayCentral® HD, a self-service lottery experience featuring the breakthrough SG Vision prototype that allows for rapid introduction of new products and technologies. Scientific Games will also show lotteries how to drive retail sales and with a next generation loyalty solution, simulated iLottery demos from the Company’s portfolio of eInstant and eDraw games, and its player-engaging suite of interactive games.

The 007 Gun Logo and related James Bond Trademarks © 1962-2018 Danjaq, LLC and United Artists Corporation. The 007 Gun Logo and related James Bond Trademarks are trademarks of Danjaq, LLC. All Rights Reserved.
Hawaiian Island Creations and HIC are registered trademarks.  All © and TMs are licensed and used with permission of Coral Head, Inc. All rights reserved.

MONOPOLY is a trademark of Hasbro.  Used with permission.  ©2018 Hasbro.  All rights reserved.

THE WIZARD OF OZ and all related characters and elements are trademarks of and © Turner Entertainment Co. (s18) Judy Garland as Dorothy from THE WIZARD OF OZ.  (s18)

WILLY WONKA & THE CHOCOLATE FACTORY and all related characters and elements © and ™ Warner Bros. Entertainment Inc. (s18)
All ® notices signify marks registered in the United States.  © 2018 Scientific Games Corporation.  All Rights Reserved.

About Scientific Games:
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in gaming entertainment offering the industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. The Company is #1 in technology-based gaming systems, digital real-money gaming and sports betting platforms, casino table games and utility products and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology.

Forward-Looking Statements
In this press release, Scientific Games makes “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will,” “may,” and “should.” These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including those factors described in our filings with the SEC, including the Company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on March 1, 2018 (including under the headings “Forward-Looking Statements” and “Risk Factors”). Forward-looking statements speak only as of the date they are made and, except for Scientific Games’ ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

 

Source:  Scientific Games Corporation

Source: Latest News at European Gaming Media

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Lotto Warehouse strikes landmark deal with Betsson

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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

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

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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

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

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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

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