Connect with us
Play'n GO is returning to the Global Gaming Expo in Las Vegas this year
Play'n GO is returning to the Global Gaming Expo in Las Vegas this year

Latest News

Idaho Lottery Celebrates 35 Years with Record Dividend to People of Idaho

Published

on

 

During a community celebration at The Village in Meridian, the Idaho Lottery commemorated their record-breaking 35th Anniversary by returning the single largest dividend in their history to the people of Idaho. The Idaho Lottery Commission presented Governor Brad Little with an $84,000,000 dividend check, a 2.4% increase over last year’s dividend.

“In 1988, Idahoans voted at the ballot box and approved establishing a state lottery to benefit public education. The Lottery has been a success for players, and it has created economic opportunity for Idaho businesses. Most importantly, the Lottery team has contributed nearly $1.3 billion for the benefit of Idaho public schools and buildings,” Governor Brad Little said.

Historically, Idaho Lottery dividends have been used by school districts for building maintenance, repairs, and operational projects. A change in statute during the 2024 Legislative session changes how Lottery dividends are utilized by the State’s school districts.

“Idahoans who play the fun and entertaining games from the Idaho Lottery help build communities in Idaho. Today we are in the West Ada School District where last year’s dividends are being used by local builders and tradesmen to repair roofs, replace HVAC systems, and make school facilities more accessible. Today’s Idaho Lottery dividends will benefit future public school district facilities and provide property tax relief by paying down voter-approved bonds and levies,” said Jeff Anderson, Idaho Lottery Director.

Advertisement
Stake - Best Online Casino & Sports Betting Platform

Governor Little and Idaho Lottery Commission Chairman, Craig Corbett, awarded the largest single check ever from the Idaho Lottery to support public education in the Gem State. On behalf of Idaho Superintendent of Public Instruction, Debbie Critchfield, the Department of Education’s Chief Financial Officer, Gideon Tolman, accepted a check for $52,500,000.

“The 35th anniversary of the Idaho Lottery is the perfect time to celebrate all the good it has done for Idaho’s public schools. For years, the lottery has helped support K-12 education and once again, on behalf of Idaho schools, I want to thank Idahoans for these additional resources that will continue to benefit public school operations in our state,” said Superintendent of Public Instruction, Debbie Critchfield.

Dale Reynolds, Chairman of the Permanent Building Fund Advisory Council, accepted a check for $31,500,000 on behalf of the State’s Permanent Building Fund. Permanent Building Fund dollars support maintenance and capital projects for State-owned facilities and Idaho’s public college and university buildings.

“Over the past 35 years, the Lottery has proven its resourcefulness and partnership by contributing well over half-a-billion dollars for Idaho’s state-owned facilities. Lottery revenue each year enables us to preserve our historical facilities, provide safe work environments for the Gem State’s employees, and improve the quality of Idaho’s collegiate campuses,” said Reynolds.

This year’s dividend comes after Idaho Lottery sales exceeded the $400 million threshold for the second consecutive year.

Advertisement
Stake - Best Online Casino & Sports Betting Platform

“This is all made possible with funds from the Idaho Lottery, not tax dollars,” added Anderson.

In addition to the dividend record, the Idaho Lottery also awarded a record amount to their network of over 1200 brick and mortar retail locations who earned $24.7 million in commissions.

Latest News

Caesars Sportsbook to Expand Wagering Footprint in Washington, D.C.

Published

on

 

Caesars Entertainment Inc. announced it will bring Caesars Sportsbook self-service kiosks to 53 small businesses across Washington, D.C. Caesars Sportsbook wagering kiosks will replace the GambetDC sports wagering kiosks currently in place at OLG-licensed sports betting retail locations. In addition to wagering, the kiosks will accept cash deposits to Caesars Sportsbook mobile accounts.

“We appreciate the Office of Lottery and Gaming for providing us the opportunity to further our connection with sports fans in our nation’s capital. Our self-service betting kiosks are an excellent addition to our sports wagering options in D.C. Whether sports fans prefer a traditional ticket-in-hand wagering experience or want to simply deposit cash for their mobile app account, our kiosks enhance the premier sports betting experience we offer through the combination of options and convenience that supports dozens of small businesses locally,” said Eric Hession, President of Caesars Digital.

“D.C. residents and visitors will soon have access to best-in-class sports wagering kiosks at retail locations across the city. We are pleased to partner with Caesars, a key industry player and the leader in retail sport betting operations, which is demonstrating its commitment to the D.C. community,” said Eugene Vlasenko, Interim Executive Director of OLG.

With thousands of markets and lightning-fast functionality, Caesars Sportsbook betting kiosks will provide the gold-standard sports wagering experience sports fans are familiar with on the Caesars Sportsbook mobile app.

Advertisement
Stake - Best Online Casino & Sports Betting Platform

Every wager placed with Caesars Sportsbook, whether at a kiosk, in-person Caesars Sportsbook at Capital One Arena, or on the mobile app, earns Reward Credits redeemable for unforgettable experiences made possible through the industry-leading loyalty program, Caesars Rewards. Sports fans 21 and older can download the Caesars Sportsbook app on iOS and Android or access it via desktop.

In July 2024, Caesars expanded its flagship mobile sports wagering platform, Caesars Sportsbook, across Washington, D.C., except for in restricted areas. Caesars has offered in-person sports betting at Capital One Arena since 2021 through its landmark partnership with Monumental Sports & Entertainment (MSE). Caesars Sportsbook at Capital One Arena made history as the first sportsbook in a U.S. professional sports venue.

Caesars Entertainment remains committed to promoting Responsible Gaming awareness and education as Caesars Sportsbook expands into more jurisdictions. In 2023, the Company implemented a refreshed 21+ policy, which certifies that all Caesars Rewards accounts are only made available to individuals 21 and older, and, where allowed by law, limits all domestic gaming, pari-mutuel, sports, and iGaming options to those 21 and older. This 21 and older policy applies to all sports wagering operations conducted by Caesars Sportsbook in Washington, D.C., including on the Caesars Sportsbook app and at all in-person sports betting locations.

Caesars Sportsbook self-service betting kiosks throughout Washington, D.C. will enforce Caesars Entertainment’s enhanced 21 and older gaming policy. This policy applies to all in-person and online operations conducted by the Company and underscores Caesars’ commitment to Responsible Gaming and its established reputation as a leader in the industry.

Advertisement
Stake - Best Online Casino & Sports Betting Platform
Continue Reading

Latest News

NOVOMATIC: Launch of New Linked Progressive Jackpots at GAT Bogotá

Published

on

 

NOVOMATIC Colombia participated at GAT Expo Bogotá, a prestigious networking event that was hosted at the Hotel Sheraton Bogotá on September 6, 2024. NOVOMATIC Colombia was poised to unveil its latest Linked Progressive Jackpots and multi-game libraries, specifically designed for the LATAM market. Visitors to the NOVOMATIC Lounge enjoyed an exclusive space that offers a unique entertainment experience. Guests also had the chance to interact with NOVOMATIC experts, explore new product offerings and see the most recent releases up close. NOVOMATIC presented an exciting range of special promotions, making their booth a must-visit destination for anyone interested in the latest advancements in gaming technology.

Launch of the GOLDEN LINK saga

The event marked the highly anticipated launch of the GOLDEN LINK saga, which includes a thrilling array of games and the chance to win big. This line of Linked Progressive Jackpot solutions features the new Superia CASH CONNECTION Volume 2 with the BLACK EDITION II 3.27 cabinet, and the NOVO LINE GOLDEN LINK Edition 1 with the MASTER SL 3.32 cabinet, offering a highly engaging visual experience for gaming venues.

New jackpot and multi-game solutions

Advertisement
Stake - Best Online Casino & Sports Betting Platform

Attendees also had the opportunity to explore the latest addition to the CASH CONNECTION series lineup: the NOVO LINE CASH CONNECTION Edition 4 with the PANTHERA 2.27 cabinet, a combination that promises to captivate audiences in the region with advanced graphics and proven gameplay mechanics. The IMPERA LINK Series 2 with the BLACK EDITION II 3.27 cabinet was also on display, combining cutting-edge technology with a sleek, premium design.

For fans of multi-game libraries, NOVOMATIC exhibited the NOVO LINE in the classic FUNMASTER 2.27 cabinet, catering to a wide range of player preferences.

“NOVOMATIC’s Linked Progressive Jackpots have shown exceptional performance in gaming venues across Colombia and Central America, surpassing the average performance by 30% in all cases. Over the past year, NOVOMATIC has installed more than 100 jackpots across the region, highlighting the popularity and success of our solutions,” said Manuel Del Sol, CEO of NOVOMATIC Gaming Colombia.

Closer to the customer

“We are excited that we showcased our outstanding line of Linked Progressive Jackpots at GAT Expo Bogotá, which have been met with great enthusiasm throughout the region. The NOVOMATIC Lounge offered a fantastic opportunity to strengthen relationships with our customers in a more personal and dynamic setting, and our special promotions ensured that all attendees experienced the very best that NOVOMATIC has to offer,” said Mónica Serrato, Commercial Coordinator at NOVOMATIC Gaming Colombia.

Advertisement
Stake - Best Online Casino & Sports Betting Platform
Continue Reading

Canada

Great Canadian Entertainment and Petroglyph Development Group Announce Agreement for Purchase and Sale of Elements Casino Victoria

Published

on

 

Great Canadian Entertainment announced that it has signed a definitive agreement to sell Elements Casino Victoria to Petroglyph Development Group Ltd. (PDG) in yet another historic transaction for both parties.

This transaction comes on the heels of the previously announced definitive agreement for Great Canadian Entertainment to sell its other landmark property and business on Vancouver Island, Casino Nanaimo, to PDG. PDG is a wholly owned corporation of the Snuneymuxw First Nation (the Nation) and is dedicated to realizing the economic potential of the Nation.

Great Canadian’s Board of Directors unanimously approved the transaction, which remains subject to customary closing conditions as well as customary approvals by the regulatory authorities. The Company will provide transition services to PDG for up to two years post-closing.

“We are very pleased to have executed this second historic agreement with the Snuneymuxw First Nation. From its original opening as View Royal Casino in 2001, to major expansion and rebranding of the property in 2018 as Elements Casino Victoria, we are looking forward to the next chapter for this beautiful and historic Vancouver Island destination under PDG’s stewardship. We are excited to work with the Petroglyph team during the transition period to ensure yet another outstanding outcome for the community, our guests, our team members, and the Nation,” said Matt Anfinson, Chief Executive Officer of Great Canadian Entertainment.

Advertisement
Stake - Best Online Casino & Sports Betting Platform

“We celebrate our growing partnership with Great Canadian and our continued progress toward building a strong Snuneymuxw economy that provides a solid foundation for Snuneymuxw self-determination and nationhood. With the acquisition of a second casino operation, we continue to honour the decades of work by past Snuneymuxw leadership who tirelessly pursued this goal, as we begin to realize various opportunities that contribute to optimizing Snuneymuxw socioeconomic potential. Our Nation is sharply focused to make investments that bring returns to our people and builds our presence in the economy so that Snuneymuxw takes its rightful place. Today, we also celebrate our partnership with the B.C. Lottery Corporation in our shared pursuit to support the growth of the provincial economy and First Nation participation,” said Snuneymuxw Chief Mike Wyse.

Erralyn Joseph, President of PDG, said: “This measured acquisition is one that PDG celebrates on our quest to build a corporate enterprise that reinvests into Snuneymuxw First Nation. With a strong operating plan that includes risk mitigation and yields sizable gains, PDG is well on its way to generating wealth for Snuneymuxw and taking a seat at the local, regional, provincial, national and global economic tables. On behalf of the Board of Directors, we are pleased to share this news and remain committed to advancing the region’s economic growth in support of all its residents.”

Ian Simpson, Chief Executive Officer of PDG, said: “Acquiring this significant asset will unlock unprecedented economic potential for Snuneymuxw and PDG, paving the way for transformative growth in Snuneymuxw’s economy and the profits that PDG returns to our Nation.”

McMillan is serving as legal counsel to Great Canadian. McCarthy Tétrault is acting as legal counsel and KPMG Corporate Finance Inc. is acting as financial advisor to PDG.

Advertisement
Stake - Best Online Casino & Sports Betting Platform
Continue Reading

Trending

GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

Disclaimer: All the information provided is for educational and entertainment purposes only. Always check your local laws before participating in any gaming activities.

Copyright © 2018 – 2024, HIPTHER. All Rights Reserved.