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INTRALOT completes acquisition of Intralot US Securities B.V. shares from minority holders

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INTRALOT completes acquisition of Intralot US Securities B.V. shares from minority holders

 

INTRALOT announces the closing of the purchase by its wholly owned Dutch subsidiary “Intralot Global Holdings B.V.” (IGH) of 33,227,256 ordinary shares (or 33.23%) in “Intralot US Securities B.V.” from their current holders for a price of €3.65 per share (ie. €121,279,484.40 in total). “Intralot US Securities B.V.” holds indirectly 100% of the shares of “Intralot, Inc.” a US (Georgia) corporation. The remaining 1,043,424 shares (or 1.04%) of “Intralot US Securities B.V.” that are not already owned by IGH will be acquired by IGH for the same price per share pursuant to the “drag-along” provisions of the Joint Venture Agreement in effect since Aug 3, 2021, in the following days, bringing the controlling share of the Intralot Group in “Intralot Inc.” to 100%.

The funds for the transaction were raised by a share capital increase via rights issue by INTRALOT, a listed company on the Athens Stock Exchange, completed on July 25, 2022, according to the provisions of the Prospectus published on June 24, 2022.

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EPIC Enters into Partnership with Underdog

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EPIC Global Solutions has entered into a new partnership with Underdog to further the sports gaming operator’s investment in responsible gaming education through a series of training and workshops.

As part of the partnership, customer-facing Underdog employees participated in gaming harm awareness sessions and VIP relationships workshops presented by EPIC staff, increasing Underdog staff’s ability to recognize potentially problematic gaming behaviors in their customers.

The sessions were led by consultants who shared their own experience of how different forms of gaming proved problematic in their lives, including former NCAA and NBA point guard Stevin ‘Hedake’ Smith and former boxer Liz Thielen, and provided Underdog staff the chance to explore the human side of harm through a gaming-neutral lens.

EPIC’s VP North America Teresa Fiore said: “We’re very pleased with the positive start to our working relationship with Underdog. They have a deep understanding that responsible gaming practices must be at the core for any major operator, and it’s a constant and consistent process of learning and attentiveness.

“It’s clear from the session feedback that the responsible gaming message we share – influenced by the lived experience of our team – is making a difference to Underdog’s staff in a way that will further enhance their communication and customer relationships in a positive way.”

The training and workshops promoted business sustainability and customer protection by exploring communication techniques and best practices to foster healthy customer relationships.

“Partnering with EPIC has reinforced the culture of responsible gaming that we are building at Underdog. We look forward to furthering the understanding of responsible gaming within Underdog and continuing to participate in training sessions and workshops to deepen our player protection knowledge,” said Adam Warrington, Vice President of Responsible Gaming at Underdog.

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Caesars Entertainment Debuts its First Proprietary Online Casino Game, Caesars Palace Signature Multihand Blackjack Surrender

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Caesars Entertainment Inc. announced the launch of its first proprietary online casino game, Caesars Palace Signature Multihand Blackjack Surrender, now live exclusively on Caesars Palace Online Casino in New Jersey. Developed by the Company’s recently established in-house games studio, Empire Creative, this new and exciting release offers an innovative and highly customizable player experience, combining cutting-edge features, adaptive game modes, and a brand-forward aesthetic for Caesars’ most iconic gaming brands.

This launch marks Caesars’ first venture into developing, certifying, and launching fully proprietary online casino games. This title will expand its footprint into more casino jurisdictions with fully branded launches planned across both the Horseshoe Online Casino and Caesars Sportsbook & Casino brands, increasing the reach and accessibility for players across the Caesars family of brands. As 2025 advances, Empire Creative will continue to expand Caesars’ impressive portfolio of Signature table game products across Caesars’ marquee online casino platforms.

“Bringing our first proprietary game to market is a major milestone in our mission to create world-class, in-house developed gaming content. We’re excited to continuously expand our in-house content offerings, complementing the excellent portfolio of games we’ve secured through external providers. This launch showcases the strength of our new in-house studio team and underscores our commitment to player-centric innovation, creating experiences that cater to a wide variety of preferences and playstyles,” said Matt Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital.

“Caesars Palace Signature Multihand Blackjack Surrender combines the legacy of Caesars’ iconic branding with innovative gameplay features, offering an experience that is as visually stunning as it is immersive. Our goal is to provide a premium and tailored experience that stands out in an increasingly crowded market. Caesars Palace Signature Multihand Blackjack Surrender is a prime example of that commitment. Every element has been meticulously crafted to ensure players feel as though they are stepping into the heart of Caesars Palace to play a table game, right from the comfort of their own home,” said Scott Krell, Senior Director of Game Products at Caesars Digital.

Caesars Palace Signature Multihand Blackjack Surrender introduces a range of exciting and innovative features not commonly found in traditional digital versions of this table game classic. This title is designed to offer a seamless user experience, with a focus on legibility, smooth game flow, and functionality tailored to meet the needs of all online casino players.

Those 21 and older in New Jersey can download the Caesars Palace Online Casino app on iOS or Android, or access the platform on desktop to be the first to enjoy Signature Multihand Blackjack Surrender.

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Full House Resorts Announces Appointment of Joshua Le Duff as Senior Vice President and Chief Marketing Officer

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Full House Resorts Inc. announced that it has named Joshua Le Duff as its Senior Vice President and Chief Marketing Officer, subject to customary gaming approvals.

Mr. Le Duff has extensive marketing experience in the casino industry, including in regional casino gaming markets. Most recently, he served as Vice President of Marketing at Pala Casino Spa Golf Resort, a AAA Four Diamond property and one of Southern California’s top casino destinations. At Pala, he led a reimagining of the property’s reinvestment strategy, driving revenue growth and improved marketing returns. He also guided the evolution of the property’s marketing technology, launching Pala’s guest-facing digital platforms, including its mobile app. Earlier in his career, Mr. Le Duff held a range of leadership positions at Isle of Capri Casinos, including Vice President of Marketing, where he supported brand and database growth prior to the company’s acquisition by Eldorado Resorts. Mr. Le Duff holds a bachelor’s degree in political science from the University of California, Los Angeles, and a master’s degree in business administration from the University of Michigan’s Ross School of Business.

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