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Scientific Games acquired for $6.05 billion
Brookfield Business Partners to take over lottery business By Kate Northrop On Wednesday, American gambling company Scientific Games Corporation announced the sale of its lottery business to Brookfield Business Partners L.P. for $6.05 billion. According to Scientific Games, the agreement consists of $5.825 billion in cash and an earn-out of up to $225 million based on the achievement of certain EBITDA targets in 2022 and 2023, or earnings before interest, taxes, depreciation, and amorti
Nov 1, 2021, 3:25 pm - Lottery News

Québec Lottery launches first-ever lottery ticket printed on 100% recycled materials
Lottery sets an environmentally friendly precedent By Kate Northrop The Qu bec Lottery announced last week that they have just launched the first-ever lottery ticket printed on entirely recycled materials. It's the Lottery's latest step toward a reduced environmental footprint and the first time that any lottery corporation in the world has released a ticket made completely from recycled materials. The environmentally friendly ticket is from the scratch-off game Évasion, which
Jan 29, 2021, 1:28 pm - Lottery News

Connecticut Lottery's Fast Play instant game crashes lottery terminals
Connecticut's newest instant game is so popular, lottery terminals can't keep up By Kate Northrop The Connecticut Lottery's newest game is attracting so many players that lottery terminals are slowing or shutting down. Fast Play, the Lottery's newest instant game, was launched about a month ago. Since then, the game has attracted players across the state and generated about $5 million in sales. In fact, the game has received so much attention, that lottery terminals at retailers and the
Aug 17, 2020, 6:19 pm - Lottery News

Lottery plant workers learn fellow employee tested positive for COVID-19
A supply worker at Scientific Games in Alpharetta, Georgia, where scratch-off lottery tickets are made has tested positive for COVID-19, according to a company statement issued Monday. The company said the person who tested positive worked in the printing area but did not touch the lottery tickets. The person is an employee of a metro Atlanta supplier that provides materials to Scientific Games. Located in a portion of Forsyth County that carries an Alpharetta mailing address, Scientific G
Mar 31, 2020, 5:16 pm - Lottery News

Pa. spends $1.3M to date on search for lottery partner amid fierce competition for $1B contract
The hunt for a company to service the Pennsylvania Lottery's games and gaming system for the next decade has proven to be a contentious and costly venture. Two companies are vying for 10-year lottery servicing contracts that would pay close to $1 billion or more over the life of the deal (the contracts could be extended for two to four years). It's one of the commonwealth's most lucrative long-term contracts. The firms have engaged in a heated battle over the past year and a half as this i
Oct 22, 2019, 10:18 am - Lottery News

How North Carolina scratch-off lottery tickets are distributed
What would you do if you won the lottery? And what if you could figure out a system that would help you win it? Pat Jackson thought perhaps someone had done that when she read about a couple that won a $10,000 scratch-off prize and then a $1 million scratch-off prize on the same day in different counties. Jackson, who lives in Charlotte, became curious about the distribution of the thousands of scratch-off tickets that are sold at nearly 7,000 locations across the state. So she posed a
Aug 8, 2018, 8:29 am - Lottery News

Kansas Lottery installs new gaming system
Includes video report By Todd Northrop The Kansas Lottery's new, advanced central gaming system is now live at more than 1,700 Kansas Lottery retailers across the state. This follows a successful conversion by the Lottery's new technology partner Scientific Games as part of an overall plan to responsibly increase returns to the State of Kansas. The Lottery's data transfer and official switch-over from the old systems technology took place July 29. Careful planning started more than
Aug 1, 2018, 10:24 am - Lottery News

Companies battle for Pa. lottery contract
For one firm, it will be something like winning the Powerball: A state government contract worth more than $800 milion that comes along just once a decade in Pennsylvania. The current contract to provide the gaming system and instant ticket game services that power the Pennsylvania Lottery expires in June 2019. The chance to become the lottery's partner for the next 10 years has the paucity of vendors who do this type of work pulling out all the stops. Two of the major players have hired lobb
Jul 30, 2018, 7:31 am - Lottery News

CT Lottery settles 5 Card Cash dispute with vendor
Will receive $300,000 from Scientific Games, not $4M sought The Connecticut Lottery Corp. has agreed to settle for a fraction of the nearly $4.2 million it had claimed that Scientific Games, the international gambling giant, lost in last year's hacking of the popular 5 Card Cash instant game. Frank Farricker, acting president of the lottery, said Monday that Scientific Games will provide about $300,000 to develop a new, more-secure operating system. The Las Vegas-based company has also agr
Nov 29, 2016, 2:03 pm - Lottery News

Lottery supplier defends role in CT Lottery scandal
Scientific Games, the international gambling-games giant, is defending what appears to be a year-long cascade of glitches and failed oversight that led to an insider hacking scandal and the shutdown of the Connecticut Lottery's popular 5 Card Cash game. Mollie Cole, director of communications for the Las Vegas-based Scientific Games, says that equipment for the game performed to the Connecticut Lottery Corporation's (CLC) standards. The hardware and software provided to CLC for the 5 Card
Nov 1, 2016, 12:32 pm - Lottery News

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