CVC Acquires Italian Lottery Operator Sisal Group
The private equity group CVC Capital Partners has acquired a 100 percent stake in the Italian gaming and payments operator Sisal Group in a deal valued at €1 billion.
Sisal has a total network of 45,000 retail outlets offering lottery products, video lottery terminals, amusement with prizes machines and the Sisal Matchpoint sports and race betting brand. The company also owns the online casino site sisal.it
Last year, the Italian operator posted €182 million in earnings and €787 million in revenue, down 4 percent from the previous year, and a €40 million net loss. CVC will assume Sisal’s €996 million debt as part of the deal.
The Italian gaming market as a whole, however, posted exceptional growth during 2015 and Q1 of 2016.
CVC’s purchase of Sisal follows the equity group’s acquisition of a 60 percent stake in German sports betting operator Tipico last month.
Lottoland Wins Irish License
Secondary lottery operator Lottoland picked up an Irish gaming license, offering Irish players access to its portfolio of lottery betting, scratchcard and games products.
Lottoland allows its customers to bet on the outcome of the world’s biggest lottery draws, including EuroMillions and Powerball. As players do not actually participate in the lotteries themselves – and thus do not contribute to the lotteries’ prize pool – secondary lotteries are often considered controversial.
Lottoland’s acquisition of an Irish gaming license follows the company’s recent entries in the regulated UK and Australian markets.
Belgium’s Loterie Nationale Selects Scientific Games as Instant Win Game Supplier
Scientific Games been awarded a one-year contract, with an option to extend to 2020, to design and manufacture instant win games for Belgian national lottery operator Loterie Nationale.
Scientific Games claimed that it had already triggered “exceptionally strong performances” of instant win games in Italy, UK, France, Portugal, Hungary and Lithuania.
“Instant products, often supported by interactive second-chance drawings on mobile and web, continue to be the largest year-on-year revenue growth for lotteries in many jurisdictions around the world,” said John Schulz, Scientific Games’ senior vice president (global instant products).
Illinois State Legislator Explains Need for Online Lottery Expansion
Following the Illinois Lottery’s trial with online lottery sales, which currently continues despite its official expiration in March, State Representative Ed Sullivan explains why keeping and expanding online lottery sales is a good idea:
“From newspapers to retail to real estate, our economy has moved online. […]
States with online lotteries like Michigan and Georgia have […] attracted the younger, more affluent players who will be needed to sustain lotteries in the future but who are currently playing the lottery less frequently in the U.S. […]
In these states and in Europe, lotteries are also adopting “apps” that verify the identity and location of the player, link consumers to local retailers, and even limit frequency of play — a serious consideration for those concerned about compulsive gambling or underage play. With these advances, online lottery has become more responsible than lottery offered in stores.”
UK Health Lottery Adds Health Bingo to Affiliate Program
The Health Lottery, operated by British publishing and television group Northern & Shell, added the Health Bingo to its official affiliate program.
The Health Bingo product, which was launched in 2014 in partnership with The Health Lottery, allows players to play bingo, slots and casino games from a single site.
“The addition of Health Bingo provides our affiliate program with some interesting variety, which will make the brand more attractive to a larger number of affiliates,” said Yakir Firestane, Head of Online Gaming at The Health Lottery.
The standard commission structure for Health Bingo promises participating affiliates a lifetime revenue share of 25% to 35%, with additional bonuses available to the end of July.
Camelot will add QR codes to its UK lottery tickets, allowing players to use their smartphones to scan their tickets to discover whether they have won prizes.
Australian gaming giant Tatts Group has rebranded its lotteries division as the Lott, a unified brand for its lottery operations across seven jurisdictions in Australia.
The British government has launched a public consultation into how National Lottery money is distributed across England and the UK.
Camelot Global delivered the Loterie Romande’s new sports betting app.
Intralot signed an extension contract with a Philippine lottery operator.