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IGT Subsidiaries Sign New Contract with La Lotería Nacional

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International Game Technology PLC (IGT) has announced that its subsidiaries, IGT Global Solutions Corporation, IGT México Lottery, S. de R.L. de C.V., and IGT SME, S. de R.L. de C.V. have signed a new contract with La Lotería Nacional (LOTENAL), Mexico’s national lottery, to provide industry-leading lottery solutions and sports betting services until 30 September 2024.

As part of the new contract, IGT will deliver an integrated draw-based and instant ticket central system, lottery terminals, a communications network, and ongoing marketing services such as research and game planning. IGT will also print instant tickets and provide all instants-related marketing consulting services to help increase the Lottery’s sales. Additionally, IGT will provide trading advisory services for sports betting, including risk management and odds setting.

“LOTENAL has been evolving over the last few years, and this new contract with IGT ensures that we continue providing our players with the highest-quality and most engaging products. We trust that IGT’s industry leadership along with its top-performing technology will serve us well in the coming years,” said Mario Caballero Luna, LOTENAL Coordinator of Advisors.

“IGT’s successful partnership with LOTENAL spans three decades, and within that timeframe, we have generated positive sales results to benefit many good causes throughout the country. The addition of IGT’s trading advisory services and instant ticket printing as part of the latest contract, along with IGT’s advanced technology, will continue to be key drivers of the Lottery’s progression,” said Jay Gendron, IGT Chief Operating Officer, Global Lottery.

IGT’s full spectrum of services to LOTENAL include lottery game transactions and instant ticket distribution across 8400 terminals nationwide. It also includes continuous development of new B2B retail channels; installation, repair, maintenance and monitoring of its total base of lottery terminals; retailer training; field service; call center operations and hotline management; a fixed-odds sports betting retail network; and marketing support to further enhance LOTENAL’s overall product and game portfolio.

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Caesars Entertainment Closes Sale of the LINQ Promenade

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Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

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The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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Aristocrat Interactive, Aristocrat’s online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.

Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.

“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.

Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.

“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.

JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.

In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.

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