Archives May 2023

International Game Technology (IGT), a leading gaming technology company, has recently released its first quarter 2023 financial results. The company’s performance in the first quarter of the fiscal year has been impressive, with significant growth in revenue and earnings.

According to the financial report, IGT’s revenue for the first quarter of 2023 was $1.2 billion, which is a 19% increase compared to the same period last year. The company’s net income for the quarter was $98 million, which is a significant improvement from the net loss of $168 million in the first quarter of 2022.

IGT’s strong performance in the first quarter of 2023 can be attributed to several factors. One of the key drivers of growth was the company’s lottery business, which saw a 27% increase in revenue compared to the same period last year. The growth in lottery revenue was driven by strong sales in North America and Europe.

Another factor that contributed to IGT’s strong financial performance was its gaming business. The company’s gaming revenue increased by 14% in the first quarter of 2023, driven by growth in both land-based and digital gaming. The company’s digital gaming business saw particularly strong growth, with revenue increasing by 32% compared to the same period last year.

In addition to its strong financial performance, IGT also made significant progress in expanding its business during the first quarter of 2023. The company signed several new contracts with customers around the world, including a deal with the New Zealand Lotteries Commission to provide lottery technology and services.

Commenting on the company’s financial results, IGT CEO Marco Sala said, “We are pleased with our strong start to the fiscal year, which reflects the strength of our global business and the effectiveness of our strategic initiatives. We remain focused on driving growth and creating value for our shareholders.”

Overall, IGT’s first quarter 2023 financial results demonstrate the company’s continued strength in the gaming technology industry. With strong revenue growth, improved earnings, and new business contracts, IGT is well-positioned for continued success in the coming quarters.

The National Lottery in Malta has recently announced a new partnership with IGT Global Services Limited for a new contract. This partnership is expected to bring about significant changes to the lottery industry in Malta, with the aim of enhancing the overall player experience.

IGT Global Services Limited is a leading provider of gaming technology and services, with a proven track record of delivering innovative solutions to the gaming industry. The company has a strong presence in Malta, and this new partnership is expected to further strengthen its position in the market.

Under the terms of the new contract, IGT Global Services Limited will provide the National Lottery in Malta with a range of services, including game design, development, and management. The company will also be responsible for providing technical support and maintenance services to ensure that the lottery runs smoothly and efficiently.

One of the key benefits of this partnership is the introduction of new games and features that are designed to enhance the player experience. This includes the introduction of new lottery games that are based on popular themes and concepts, as well as the integration of new technologies such as mobile gaming and online platforms.

In addition to these new games and features, the partnership between the National Lottery in Malta and IGT Global Services Limited is also expected to bring about significant improvements in terms of security and transparency. This includes the implementation of advanced security measures to protect player data and prevent fraud, as well as the introduction of new reporting tools to ensure that all lottery activities are transparent and accountable.

Overall, this new partnership between the National Lottery in Malta and IGT Global Services Limited is expected to bring about significant changes to the lottery industry in Malta. With a focus on innovation, player experience, and security, this partnership is set to take the lottery to new heights and deliver an even better experience for players across the country.

SoftSwiss, a leading iGaming software provider, has recently launched time-based jackpots through its Jackpot Aggregator platform. This new feature aims to enhance the gaming experience for players by offering more frequent and exciting opportunities to win big.

The SoftSwiss Jackpot Aggregator is a platform that allows online casinos to offer their players access to a wide range of progressive jackpot games from various software providers. With the addition of time-based jackpots, players can now enjoy even more chances to win big prizes.

Time-based jackpots work by setting a specific time limit for players to hit the jackpot. For example, a game may have a jackpot that must be won within 24 hours. If no one wins the jackpot within that time frame, it will roll over to the next day and continue to grow until someone hits it.

This new feature is designed to create more excitement and engagement among players, as they have a greater sense of urgency to play and win. It also offers a more dynamic gaming experience, as the jackpots are constantly changing and evolving.

SoftSwiss CEO Ivan Montik commented on the launch of time-based jackpots, stating: “We are thrilled to introduce time-based jackpots to our Jackpot Aggregator platform. This new feature will provide players with even more opportunities to win big, while also adding an extra layer of excitement to the gaming experience.”

The SoftSwiss Jackpot Aggregator already offers a wide range of popular progressive jackpot games from top software providers such as NetEnt, Microgaming, and Yggdrasil. With the addition of time-based jackpots, this platform is set to become even more attractive to both online casinos and players alike.

In conclusion, SoftSwiss’ launch of time-based jackpots through its Jackpot Aggregator platform is a significant development in the iGaming industry. This new feature offers players more frequent and exciting opportunities to win big, while also creating a more dynamic and engaging gaming experience. As online casinos continue to seek ways to differentiate themselves in a crowded market, the SoftSwiss Jackpot Aggregator with time-based jackpots is sure to be a popular choice.

Scientific Games Corporation, a leading provider of gaming and lottery solutions, recently announced that their Chief Marketing Officer, Steve Saferin, has been selected as an inductee for the 2023 Lottery Industry Hall of Fame. This prestigious honor recognizes individuals who have made significant contributions to the lottery industry and have demonstrated exceptional leadership, innovation, and dedication to the industry.

Saferin has been with Scientific Games for over 15 years and has played a crucial role in the company’s growth and success. He has been instrumental in developing and implementing innovative marketing strategies that have helped to drive revenue growth and increase customer engagement. His expertise in the lottery industry has also helped to shape the company’s product offerings and overall business strategy.

In addition to his work at Scientific Games, Saferin has also been a leader in the broader lottery industry. He has served as the President of the World Lottery Association and has been a frequent speaker at industry conferences and events. He is widely recognized as an expert in the field and has been instrumental in shaping the direction of the industry.

The Lottery Industry Hall of Fame was established in 2005 to recognize individuals who have made significant contributions to the lottery industry. Inductees are selected by a panel of industry experts based on their achievements, leadership, and impact on the industry. The induction ceremony is held every two years and is attended by industry leaders from around the world.

Saferin’s selection as an inductee for the 2023 Lottery Industry Hall of Fame is a testament to his exceptional leadership and contributions to the industry. His innovative marketing strategies and deep understanding of the lottery industry have helped to shape the direction of Scientific Games and have had a significant impact on the broader industry. His induction is well-deserved recognition for his many years of hard work and dedication to the lottery industry.

In a statement announcing Saferin’s selection, Scientific Games CEO Barry Cottle said, “Steve’s induction into the Lottery Industry Hall of Fame is a well-deserved honor. He has been a driving force behind our success at Scientific Games and has been a leader in the broader lottery industry for many years. We are proud to have him on our team and congratulate him on this prestigious recognition.”

Overall, Saferin’s induction into the Lottery Industry Hall of Fame is a significant achievement and a testament to his exceptional leadership and contributions to the industry. His innovative marketing strategies and deep understanding of the lottery industry have helped to shape the direction of Scientific Games and have had a significant impact on the broader industry. We congratulate him on this well-deserved recognition and look forward to seeing his continued contributions to the lottery industry in the years to come.

International Game Technology (IGT) is one of the leading companies in the gaming industry, and they are set to showcase their latest innovations at the Global Gaming Expo Asia (G2E Asia) in Macau. The event is scheduled to take place from May 21-23, 2019, and IGT will be presenting a range of new products and solutions that are designed to enhance the gaming experience for players and operators alike.

One of the key highlights of IGT’s presentation at G2E Asia will be their new Dynasty Electronic Table Games (ETG) solution. This innovative product combines the excitement of live table games with the convenience and flexibility of electronic gaming. The Dynasty ETG solution allows operators to offer a variety of popular table games, including baccarat, roulette, and sic bo, on a single electronic platform. This not only saves space on the casino floor but also allows for faster game play and increased revenue potential.

Another exciting product that IGT will be showcasing at G2E Asia is their CrystalCurve ULTRA cabinet. This sleek and stylish cabinet features a curved 4K display that provides an immersive gaming experience. The CrystalCurve ULTRA also includes advanced lighting and sound effects that enhance the overall gaming experience. This cabinet is designed to appeal to a wide range of players, from casual gamers to high rollers.

In addition to these new products, IGT will also be presenting their latest advancements in mobile gaming technology. Their PlaySpot mobile solution allows players to enjoy their favorite casino games on their mobile devices while still being connected to the casino floor. This technology allows operators to offer a seamless gaming experience across multiple platforms, which is becoming increasingly important in today’s digital age.

Overall, IGT’s presentation at G2E Asia promises to be an exciting showcase of the latest innovations in the gaming industry. With their focus on combining cutting-edge technology with player-centric design, IGT is poised to continue leading the way in the gaming industry for years to come. Whether you are a player or an operator, be sure to check out IGT’s latest offerings at G2E Asia.

JCM Global, a leading provider of transaction technologies for the gaming industry, has been selected as the chosen provider for Nevada casino services. The company has been chosen by the Nevada Gaming Control Board to provide its innovative transaction technologies to casinos across the state.

JCM Global has been providing transaction technologies to the gaming industry for over 60 years. The company’s products include bill validators, printers, and other transaction technologies that are used in casinos around the world. JCM Global’s products are known for their reliability, security, and ease of use.

The company’s selection as the chosen provider for Nevada casino services is a significant achievement. Nevada is home to some of the world’s most famous casinos, including the Bellagio, Caesars Palace, and the MGM Grand. These casinos attract millions of visitors each year and generate billions of dollars in revenue.

JCM Global’s selection as the chosen provider for Nevada casino services is a testament to the quality of its products and services. The company’s transaction technologies are trusted by casinos around the world, and its selection by the Nevada Gaming Control Board is a clear indication of its reputation in the industry.

JCM Global’s transaction technologies are designed to meet the unique needs of the gaming industry. The company’s bill validators are designed to accept a wide range of currencies, including US dollars, euros, and yen. Its printers are designed to print high-quality tickets and vouchers that are easy to read and use.

In addition to its transaction technologies, JCM Global also provides a range of other services to casinos. These services include training and support for casino staff, as well as consulting services to help casinos optimize their operations and improve their profitability.

Overall, JCM Global’s selection as the chosen provider for Nevada casino services is a significant achievement for the company. Its transaction technologies are trusted by casinos around the world, and its selection by the Nevada Gaming Control Board is a clear indication of its reputation in the industry. As the gaming industry continues to evolve, JCM Global will undoubtedly play a critical role in helping casinos adapt to new technologies and stay ahead of the competition.

The MARE BALTICUM Gaming & TECH Summit is the latest event organized by Hipther, a leading media and events company in the gaming industry. The summit is set to take place on the 7th of May 2020 in Tallinn, Estonia, and will bring together gaming operators, regulators, and industry experts from the Baltic and Scandinavian regions.

The summit aims to provide a platform for networking, learning, and sharing of ideas among participants. It will feature keynote speeches, panel discussions, and workshops on various topics related to the gaming industry. Some of the key themes that will be covered include regulatory updates, responsible gambling, emerging technologies, and marketing strategies.

One of the highlights of the summit will be the panel discussion on the regulatory landscape in the Baltic and Scandinavian regions. The panel will feature representatives from regulatory bodies in Estonia, Latvia, Lithuania, and Sweden, who will discuss the latest developments in their respective jurisdictions. This session will be particularly useful for gaming operators who are looking to expand their operations in these regions.

Another important topic that will be covered at the summit is responsible gambling. The gaming industry has come under scrutiny in recent years due to concerns about problem gambling. The summit will feature a workshop on responsible gambling, which will provide insights into best practices for gaming operators to promote responsible gambling and prevent addiction.

Emerging technologies such as blockchain and artificial intelligence (AI) are also set to be discussed at the summit. These technologies have the potential to revolutionize the gaming industry by improving security, transparency, and efficiency. Participants will learn about the latest developments in these areas and how they can be applied to gaming operations.

Marketing is another key area that will be covered at the summit. With so many gaming operators competing for customers, effective marketing strategies are essential for success. The summit will feature a panel discussion on marketing trends and strategies, which will provide insights into how gaming operators can stay ahead of the competition.

In summary, the MARE BALTICUM Gaming & TECH Summit is a must-attend event for anyone involved in the gaming industry in the Baltic and Scandinavian regions. It provides a unique opportunity to network with industry peers, learn about the latest developments in the industry, and gain insights into best practices for success. With a diverse range of topics and expert speakers, the summit promises to be an informative and engaging event for all participants.

Alea Glasgow, one of Scotland’s premier entertainment destinations, has recently appointed Mark Hands as its new venue director. Hands, who has over 20 years of experience in the hospitality industry, will be responsible for overseeing the day-to-day operations of the casino and ensuring that guests have a memorable experience.

Alea Glasgow is a popular destination for those looking for a night out in the city. The casino boasts a wide range of gaming options, including roulette, blackjack, and poker, as well as slot machines. In addition to gaming, the venue also offers a variety of dining options, from the contemporary Red Leaf restaurant to the more casual Long Bar.

As venue director, Hands will be responsible for ensuring that all aspects of the casino run smoothly. This includes overseeing the gaming operations, managing the staff, and ensuring that guests have a positive experience. Hands brings a wealth of experience to the role, having previously worked in senior management positions at a number of high-profile hospitality venues.

In a statement announcing his appointment, Hands said: “I am thrilled to be joining the team at Alea Glasgow. The casino is a fantastic destination for those looking for a night out in the city, and I am excited to be leading the team as we continue to provide our guests with an unforgettable experience.”

Hands’ appointment comes at an exciting time for Alea Glasgow, which has recently undergone a major refurbishment. The casino has invested heavily in upgrading its facilities, including the addition of new gaming machines and a revamped restaurant menu.

The venue has also introduced a number of new initiatives aimed at enhancing the guest experience. These include a loyalty program that rewards regular customers with exclusive offers and discounts, as well as regular events and promotions.

Alea Glasgow’s general manager, Kevin Duguid, said: “We are delighted to welcome Mark to the team. His experience and expertise will be invaluable as we continue to develop and grow the business. We are committed to providing our guests with the best possible experience, and Mark’s appointment is a key part of that strategy.”

Overall, the appointment of Mark Hands as venue director is a positive development for Alea Glasgow. With his extensive experience in the hospitality industry, Hands is well-equipped to lead the team and ensure that guests have a memorable experience at the casino. As the venue continues to invest in its facilities and introduce new initiatives, it is likely that we will see continued growth and success in the years to come.

Slotegrator, a leading online casino software provider, has announced its entry into the Brazilian market. The company has been providing innovative solutions to the iGaming industry for over a decade and has now set its sights on expanding its reach to Brazil.

The Brazilian market is one of the fastest-growing in the world, with a population of over 200 million people and a rapidly increasing number of internet users. The country’s gambling laws have been in flux for several years, but recent changes have opened up new opportunities for online gaming providers.

Slotegrator’s entry into the Brazilian market is a significant move for the company, as it seeks to establish itself as a major player in the region. The company has already established partnerships with several local operators and is working to develop new products and services tailored to the needs of Brazilian players.

One of the key factors driving Slotegrator’s expansion plans is the growing demand for online gaming in Brazil. The country has a large and enthusiastic player base, with a particular interest in sports betting and casino games. Slotegrator’s portfolio includes a wide range of games and betting options, making it well-positioned to meet the needs of this market.

In addition to its existing products, Slotegrator is also developing new solutions specifically for the Brazilian market. These include localized payment options and customer support services, as well as new games and betting options designed to appeal to Brazilian players.

Slotegrator’s entry into Brazil is part of a broader strategy to expand its reach across Latin America. The company has already established a strong presence in several other countries in the region, including Mexico, Colombia, and Peru. By building on these successes and leveraging its expertise in the iGaming industry, Slotegrator is well-positioned to become a leading provider of online gaming solutions in Latin America.

Overall, Slotegrator’s entry into the Brazilian market represents an exciting opportunity for both the company and its customers. With its innovative products and services, as well as its commitment to meeting the needs of local players, Slotegrator is poised to become a major player in the Brazilian iGaming market. As the country’s gambling laws continue to evolve, the company’s expansion plans are likely to accelerate, bringing new opportunities and exciting new gaming experiences to players across Brazil and beyond.