Lotteries
ALC 2019-20 revenue down 5.1% as Covid-19 impacts sales
Canadian lottery operator Atlantic Lottery reported revenue of CAD$725.5m (USD$523.3m), down 5.1%, for the fiscal year ended 31 March, as lower jackpots and the impact…
Lotteries: Progress after the pandemic?
Many state lotteries have seen their revenues dry up thanks to lockdowns that have impacted retail sales. Joanne Christie considers whether or not this might prompt more…
Blackhawk & Pollard Banknote look to overhaul retail lottery sales
Instant lottery tickets are set to become available on shop floors, through a new partnership between payment provider Blackhawk Network and specialist lottery supplier Pollard…
Covid-19 impairment charges see IGT post Q1 loss
International Game Technology (IGT)’s revenue declined 17.9% to $940.2m in the first quarter of 2020, while a $296m impairment charge related to the effects of…
Anti-gambling charity calls for 30-day lottery suspension
Anti-gambling charity Stop Predatory Gambling has sent a letter to officials in all states with lotteries, calling on the states to stop lottery sales for…
Intralot appoints Klironomos as CFO of US subsidiary
Lotteries and gaming solutions provider Intralot Group has appointed Lampros Klironomos, formerly chief internal audit officer at the group, to chief financial officer of its US-facing…