Camelot UK Lotteries Limited: 2018/19 Financial Results

Camelot CEO Nigel Railton commented: “As we celebrate 25 years of The National Lottery and the massive difference it has made to UK society – with an incredible £40 billion raised for Good Causes – I’m delighted to see our hard work paying off. Sales across most of the business are up – with our ongoing investment and innovation in retail and digital continuing to yield positive results. In particular, we’ve spent much of the last 12 to 18 months getting our draw-based games back in good health – with a more balanced portfolio that now offers something for everyone – and making improvements to our Scratchcards and online Instant Win Games in terms of product design, range, merchandising and availability, which has led to record sales of those games.

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IGT Launches PlayBingo Solution in Norway

“Thanks to IGT’s PlayBingo platform, Norwegian players are responsibly enjoying a new and more entertaining Bingo experience, enhancing our program and keeping proceeds in Norway to support arts, sports, and cultural initiatives,” said Hans Erland Ringsvold, Head of Gaming Operations, Norsk Tipping.

“As a leader in regulated digital gaming, Norsk Tipping has recognized the benefits of PlayBingo not only as a baseline product with crossover appeal, but as a vertical that supports responsible gaming through its social aspect and low average player spend,” said Declan Harkin, IGT Senior Vice President and COO, International. “Our experience in WLA markets in Europe and North America have proven that PlayBingo is a powerful driver of player acquisition and player retention, while accelerating growth across an operator’s entire digital offering.”

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“New York’s long history of increasing earnings for New York’s public K-12 schools is a direct result of sound business planning, mature and responsible stewardship of our lottery and video lottery products, and a fundamental continuous improvement effort,” said Commission Acting Executive Director Robert Williams.  The New York State Gaming Commission’s Lottery and Video Lottery operations today reinforced their collective standing as North America’s largest and most profitable Lottery businesses by becoming the first to break $10 billion in combined sales and net win for the fiscal year ending March 31, 2019. Combined, the record-breaking earnings generated $3.47 billion in Lottery Aid to Education which accounts for 13 percent of all New York State School Aid disbursed in FY2018-2019

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The 2019 Montana Legislature passed House Bill 725, which legalizing sports gambling in the state through the Montana Lottery

Jennifer McKee, Montana Lottery Communication Manager, says they are still in the design phase but feel confident in being able to rollout sports wagering just like any of their other games. “We’re really just following the same process that that we develop everything with,” said McKee, “Sports wagering is legal in many states in the United States, it’s legal around the world and in most of those places it’s the Lottery who does it.”

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