Posts From: December 2019

Jumbo Interactive signs Deaf Services supply deal

Jumbo Interactive has entered in to a new SaaS (Software as a Service) 5 year licence agreement with leading Australian charity lottery operator Deaf Services for the use of its...

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FDJ secures new jackpot insurance

FDJ has announced the implementation of a comprehensive insurance policy to cover its counterparty risk starting 1 January 2020. One of the changes involved in the tax and regulatory reform carried...

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Scientific Games and The Massachusetts Lottery extend partnership

The Massachusetts Lottery have awarded a new contract for a lottery retail management systems to Scientific Games. The new system will provide the Lottery with a more productive and streamlined...

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Lottoland Solutions rebrands as ‘ALOT Solutions’

Lottoland’s business-to-business division rebrands as ALOT Solutions. The new name provides a clear distinction between theLottoland consumer-facing division and the newly-named ALOT Solutions B2B and B2G division. Separate leadership, operations and...

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FDJ shares surge in French lottery group’s market debut

Shares in lottery operator Francaise des Jeux surged on their stock market debut, after the most high profile French privatisation of the year that could embolden the government to press...

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UK National Lottery operator Camelot posts record first-half sales

National Lottery operator Camelot has reported record half-year results, boosted by sales for the £170 million EuroMillions prize won by a single UK player last month. Both ticket sales and...

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Jumbo to acquire UK lottery business for £5m

Jumbo Interactive as entered into a conditional Share Purchase Agreement to acquire lottery manager Gatherwell Limited a company founded in 2013 and located in Oxford, UK for ₤5.0 million cash....

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More disappointing results for 500.com

500.com reported its unaudited financial results for the third quarter ended September 30, 2019. Revenues were $1.4 million for the three months ended September, down 67% from the same period...

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Next Generation Lotteries acquires Novomatic Lottery Solutions

Next Generation Lotteries has announced the acquisition of Novomatic Lottery Solutions from NOVOMATIC AG. The acquisition was closed on October 31st 2019 in Vienna and from the 1st of November 2019...

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Atlantic Lottery surpasses profit target

Atlantic Lottery President and CEO Brent Scrimshaw has released the Corporation’s 2018-19 annual report and financial results. “The company’s performance this past year saw us again exceed our commitments to...

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