Connect with us

Latest News

Scientific Games Wins Big During Major Gaming Entertainment Industry Events

Published

on

Scientific Games Wins Big During Major Gaming Entertainment Industry EventsReading Time: 3 minutes

 

SG Wins Best Land-Based and Digital Supplier of the Year at G2E
OpenBet™ Wins both Digital Product of the Year and Best Interactive Product of the Year
SG Lottery Wows Customers with Innovative Digital Lounge at NASPL

 

Scientific Games Corporation has received top-tier industry recognition at the 2018 Global Gaming Expo (G2E) and North American State and Provincial Lotteries (NASPL) Annual Conference, highlighting the Company’s leading position as an innovator in the gaming, lottery, digital and sports betting sectors.

The Global Gaming Awards, judged by seventy industry experts and audited by KPMG, kicked off G2E with a Scientific Games trifecta of wins: Land-Based Industry Supplier of the Year, Digital Industry Supplier of the Year, and Digital Product of the Year for SG Digital’s OpenBet™ sportsbook technology. OpenBet also received a gold medal in the Best Interactive Product category at the Gaming and Technology Awards.

Jamie Knight, Senior Game Producer, was named to the Emerging Leaders of Gaming’s 2018-2019 Class of 40 Under 40, which recognizes professionals under 40 years of age who make significant impact on the casino industry.

Additionally during G2E, Dick Haddrill, Vice Chairman of Scientific Games Board of Directors, was inducted into the Gaming Hall of Fame, and Gavin Isaacs, Vice Chairman of Scientific Games Board of Directors, received the Association of Gaming Equipment Manufacturers 2018 Jens Halle Memorial Award honoring excellence in commercial gaming professionalism.

At NASPL, the SG Digital lounge wowed customers with innovative iLottery and sports betting content and technology. The DC Lottery’s Neighborhoodsgame produced by Scientific Games won “Best New Instant Game.” Chuck Kline, Senior Vice President Lottery Licensing for Scientific Games, who is the co-creator of innovative lottery promotions and winner experiences, was inducted into the Lottery Hall of Fame with the Company maintaining its prestige for the most Hall of Fame inductees in the industry. Chuck’s work includes the recent WILLY WONKA GOLDEN TICKET™ instant linked game featuring the BILLION DOLLAR CHALLENGE™ event inspired by the beloved feature film “Willy Wonka & The Chocolate Factory.”

Barry Cottle, President and Chief Executive Officer of Scientific Games, said, “These wins demonstrate our massive momentum in the gaming entertainment industry. We strive for a strong industry reputation as a trusted and innovative provider, so to be recognized for our efforts by our peers is truly an honor. We’re particularly proud of our OpenBet awards for both best digital and interactive product of the year. These awards reinforce our commitment to provide our U.S. and global customers with leading, full-service sportsbook solutions,  signifying continued success for Scientific Games.”

Barry Cottle continued: “On top of the amazing wins for our product portfolio, the industry recognized our shining global talent. We have extraordinarily innovative employees, and it’s a thrill to see them recognized by other industry experts. Congratulations to Chuck and Jamie for these fantastic wins.”

In addition to the major wins at G2E and NASPL, Scientific Games’ Digital group received an EGR Italy Award in the Mobile Supplier category, further affirming the Company’s success at a global level.

WILLY WONKA & THE CHOCOLATE FACTORY and all related characters and elements © Warner Bros. Entertainment Inc. (s18).

© 2018 Scientific Games Corporation. All rights reserved.

 

About Scientific Games:
Scientific Games Corporation is the global leader in technology-based gaming systems, table games, table products and instant games and a leader in products, services and content for gaming, lottery and interactive gaming markets. Scientific Games delivers what customers and players value most: trusted security, creative content, operating efficiencies and innovative technology. Today, we offer customers a fully integrated portfolio of technology platforms, robust systems, engaging content and unrivalled professional services. For more information, please visit www.scientificgames.com.

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 on European Gaming Media Network

Latest News

PAGCOR Press Statement on Quezon City’s insistence to impose casino entry fees

Published

on

PAGCOR Press Statement on Quezon City's insistence to impose casino entry feesReading Time: 2 minutes

 

As Quezon City Vice Mayor Joy Belmonte continues to insist on the imposition of entrance fees to Quezon City residents who wish to play in casinos and other gambling facility in the area, the Philippine Amusement and Gaming Corporation (PAGCOR) underscores several cases and provisions that cite the supremacy of national government over local government units.

First, in “Basco vs. PAGCOR (1991)”, wherein the City of Manila filed a case seeking to annul the PAGCOR charter, the court ruled that Presidential Decree (P.D.) 1869 waived the right of the city to impose taxes and fees. The court decision cited that the power of the local government to impose taxes and fees “is always subject to limitations which Congress may provide by law.”

It furthered that P.D. 1869 remains an operative law, until amended or repealed.

Another case, “City of Cagayan de Oro vs. Pryce and PAGCOR (1994)”, cited that ordinances should not contravene a statute that is obvious. It stated that “municipal governments are only agents of the national government; and local councils exercise only delegated legislative powers from Congress as the national law-making body.” Hence, local government units cannot be superior to Congress from which they derive their powers.

The third case, “Herbert Bautista vs. PAGCOR (2016)”, cited that under its Charter, PAGCOR and its agents are exempted from paying local taxes as P.D. 1869 Section 13 provides that “no tax of any kind or form, income or otherwise, as well as fees, charges or levies of whatever nature, whether national or local, shall be assessed and collected under this Franchise from the Corporation nor shall any form of tax or charge attach in any way to the earnings of the Corporation, except a franchise tax of five percent of the gross revenue or earnings derived by the Corporation from its operation under this franchise.”

The entry fees on the city residents who will enter the casino which the Quezon City local government is contemplating on imposing, takes the form of “tax” because of its nature to generate revenues.

However, if the purpose of the imposition of entry fees is to discourage citizens to frequent gaming facilities, such practice is an obvious exercise of police power, and in fact, an encroachment on the function of a national regulatory entity.

PAGCOR, having been granted by Congress with the power to regulate gambling, has the authority to determine the rules and regulations that may deem fit in the regulation of the gaming industry.

If PAGCOR does not find it necessary to impose entrance fees to its clients, then Quezon City’s local government cannot supersede this even if it claims that the imposition of entry fees is only applicable to their constituents.

Besides, if the local government of Quezon City believes that doing such is tantamount only to “safeguarding the welfare of their people”, why did it grant so many Letters of No Objection (LONOs) and Resolutions of No Objection (RONOs) to bingo and other electronic gaming sites in Quezon City?

As of February 28, 2019, there are 97 electronic gaming sites in Quezon City. Of this number, 63 are bingo sites and 34 are eGames gaming sites. This figure does not include the LONO and RONO granted by Quezon City government to Solaire Resort and Casino.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PAGCOR Press Statement on Quezon City’s insistence to impose casino entry fees

Continue Reading

Latest News

Blackstone to acquire Ukrainian gaming development company

Published

on

Blackstone to acquire Ukrainian gaming development companyReading Time: 1 minute

 

The Blackstone Group LP, a US-based investment and asset management company, is all set to acquire Murka Ltd and Murka Entertainment Ltd, an Unranian company that develops unique social and mobile games. The Blackstone Group has already informed Cypriot Commission for the Protection of Competition about the plan.

Murka, established in 2011, is known for its social-casino games like Slots Journey, Slots Journey 2, TX Poker, S & H Casino, Vegas Slots, Royal Fortune Slots, Bubbla Cadabra and Scatter Slots.

These games, where real money cannot be won, exist as mobile apps and on Facebook. Publisher of social casino games earns money via selling in-game content and/or advertising. According to various data, the global social casino market in 2018 brought publishers from $ 3.2 billion in total to $ 3.46 billion on mobile platforms.

Currently, over 100 people work in the Kiev, Dnipro and Lviv offices of Murka. The company has not commented the conditions of the upcoming transaction yet.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Blackstone to acquire Ukrainian gaming development company

Continue Reading

Latest News

Philadelphia developer Bart Blatstein to re-open casino at Atlantic City site

Published

on

Philadelphia developer Bart Blatstein to re-open casino at Atlantic City siteReading Time: 1 minute

 

Philadelphia developer Bart Blatstein has announced his plans to re-open a casino at Atlantic City that was closed in 2014. Blatsetein owns the Showboat which has been functioning for three years as a non-gambling hotel.

When this happens, this will be the 10th casino at Atlantic City. In 2014, the City had 12 casinos. The competition from neighbouring states forced the closure of the four of them. The state Casino Control Commission has given Blatstein preliminary approval to apply for a casino license. He strongly believes in the potential for another casino.

“There are 104 casinos in Las Vegas in the middle of nowhere,” Blatstein said. “We have nine casinos well within a short trip from one-third of the nation’s population. The market is looking for something different.”

Blatstein said he has a casino concept in mind but would not reveal it. A report from the state Division of Gaming Enforcement says Blatstein plans to convert the property’s bus depot into a family entertainment centre and that he intends to offer a full range of slot machines, table games, sports betting, and internet gambling.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Philadelphia developer Bart Blatstein to re-open casino at Atlantic City site

Continue Reading
Advertisement
NSoft

Industry News

  • Live Event/Conference
  • Press Releases
  • Latest News
  • Gambling in the USA
  • European Commission

  The third edition of Prague Gaming Summit took place last week at the ‘traditional base’ of the co [...]

  It has been reported by industry media that Latvia’s parliament has decided to ban gambling halls [...]

  The second edition of MARE BALTICUM Gaming Summit – The Baltic and Scandinavian Gaming Summit and [...]

  We are slowly gearing up to the host the most important Prague Gaming Summit and here are 7 facts [...]

  The online gaming industry is changing quickly, whether we’re looking from the perspective of cons [...]

  GamblingCompliance has announced the official shortlist for the Global Regulatory Awards 2019.  NS [...]

  Swedish online betting company Betsson has signed a partnership agreement with CompetitionLabs, a [...]

  DIMOCO today announces its seal of approval from both European Lottery Association (EL) and World [...]

  Leading online bookmaker Betway has agreed a one-year deal to sponsor BLAST Pro Series. Spanning e [...]

  Zitro will showcase its newest offerings at the upcoming trade show FADJA Columbia to be held on 1 [...]

  US casino operators Eldorado Resorts Inc. and Caesars Entertainment Corp are in the early stages o [...]

  The UK government’s recent decision to reduce the stakes on fixed odds betting terminals (FOBTs) h [...]

  Victorian Responsible Gambling Foundation, the Australian state’s body to help problem gamblers, h [...]

  The Oregon Problem Gambling Resource (OPGR) has revamped its website to help people with gambling [...]

  The Kenyan government has announced that it is going to implement a new tax regime, especially for [...]

  Philadelphia developer Bart Blatstein has announced his plans to re-open a casino at Atlantic City [...]

  New service includes the world’s largest coverage of March Madness for player props   Digital Spor [...]

  Q4 REVENUE INCREASED 11.9% YEAR-OVER-YEAR   Twin River Worldwide Holdings, Inc. reported financial [...]

  US casino operators Eldorado Resorts Inc. and Caesars Entertainment Corp are in the early stages o [...]

  The Oregon Problem Gambling Resource (OPGR) has revamped its website to help people with gambling [...]

  Today, the new measures to counter money laundering by criminal law enter into force across the EU [...]

Brussels, 19 June 2018 – Digital Single Market: EU negotiators reach a political agreement on free f [...]

LONDON, June 18, 2018 — Codewise, the industry’s first provider of AI-powered online ad measurement [...]

Brussels, 6 June 2018 – The European Parliament and the Council reached late last night a political [...]

Tre

%d bloggers like this: