DOCSLIB.ORG

New Normal We Drive Change in the Lottery Industry

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
New Normal We Drive Change in the Lottery Industry GAME CHANGER WE DRIVE CHANGE IN THE LOTTERY INDUSTRY. ANNUAL REPORT 2020 NEW NORMAL A VERY SUCCESSFUL YEAR 918k +235% NEW REGISTERED CUSTOMERS 100% GERMANY SEGMENT COST SYNERGIES (2019¹: 274k) REALISED €87.0m REVENUE (2019: €113.5m) -23% €652.8m BILLINGS €246m (2019: €466.7m) +40% FOR GOOD CAUSES (2019: €94m) +162% €12.7m ADJUSTED EBITDA (2019: €29.4m) -57% OTHER HIGHLIGHTS ■ Exceptionally good jackpot development €27.79 ■ COST PER LEAD, CPL High marketing investments drive growth GERMANY SEGMENT ■ Targeted cost synergies completely implemented (2019¹: €33.64) -17% ■ Market share expanded ■ €246 million for good causes ■ Return to SDAX ■ Market capitalisation more than doubled and exceeds one billion euros for first time ¹ The corresponding 2019 financial indicators have been restated to include only the business allocated to the Germany segment as explained in note 3 of the Consolidated Financial Statements. This only includes the brokerage business of the LOTTO24 brand from its acquisition on 14 May 2019 and the Tipp24 brand from 15 October 2019 onwards (since the Business Model Change). The definitions of the financial measurements disclosed above can be found in the Management System section on page 35 of this Annual Report. ZEAL Network SE is the parent of an e-commerce group of com- panies that create online lottery experiences for their customers. Founded in Germany in 1999, it was initially set up as a lottery broker and floated in 2005 – in one of Germany's most successful IPOs on the Frankfurt stock exchange at that time. In 2009, the Group changed its focus from lottery brokerage to lottery betting and later moved its registered office to London. In May 2019, ZEAL completed the takeover of LOTTO24 AG, tran- sitioned its former Tipp24 secondary lottery business to a German online lottery brokerage business in October 2019, relocated its registered office back to Germany and successfully finalised the integration in 2020. Today, we are the leading German online broker for state lottery and other permitted lottery products once again. Our aim is to innovate and drive change in the lottery sector while further expanding our market leadership! CONTENTS Executive Review 2 Group Management Report 30 Supervisory Board Report 6 Consolidated Financial Statements 60 About ZEAL 10 Notes to the Consolidated The ZEAL Share 18 Financial Statements 67 Corporate Governance Statement 21 Auditor's Report 116 Non-financial report 26 Key Consolidated Figures 122 EXECUTIVE REVIEW 2020 – A SUCCESS, DESPITE CORONA LADIES AND GENTLEMEN, In spite of corona (COVID-19), 2020 was a successful year for the ZEAL Group¹ in every way: thanks in particular to the exceptionally good jackpot development, billings rose strongly and with the highest marketing investments in our company history we gained 918 thousand new registered customers at an attractive CPL, thus further expand- ing our market share. At the same time, we not only implemented the targeted cost synergies in the course of the LOTTO24 takeover in full in the fourth quarter of 2020 – and even earlier than planned – but also launched a highly successful new product, the charity lottery 'freiheit+', provided €246 million for good causes and thrilled 83 customers with wins of €100,000 or more. FURTHER ON GROWTH COURSE Our billings rose by 40% to €652.8 million (2019: €466.7 million). In addition to the first full consolidation of LOTTO24 the positive jackpot development and the associated strong acquisition of new registered customers contributed to this. The Germany segment accounted for €651.8 million of this total. For contractual reasons, the billings of our ONCE business in Spain are not included in the total. When comparing with the previous year, it should be noted however that in 2019 offered additional products (incl. Instant Win Games), the European lottery 'EuroMillions' and the US lottery 'Powerball') as part of our secondary lottery business, which were discontinued following the Business Model Change² in October 2019. Moreover, in the previous year the online lottery brokerage business of LOTTO24 was only part of the ZEAL Group as of 14 May 2019. LOTTO24 billings up to 14 May 2019 were therefore not included in the prior-year figures. In 2020, the jackpot development of the individual lotteries was exceptionally favourable for us: the average jackpot of the German lottery 'LOTTO 6aus49', for example, was significantly higher in 2020 than in the previous year and exceeded the €20 million mark a total of five times (2019: four times). The product change introduced by the Ger- man Association of State Lottery Companies (DLTB) in September 2020 – among other things, by raising the first prize category to €45 million and the billings-increasing price rise – had a positive impact, especially in the fourth quarter. The average jackpot of the European lottery 'Eurojackpot' was also up on the previous year and reached the €90 million mark a total of six times (2019: four times), although not once in the fourth quarter (2019: twice). Largely due to the expected dis-synergies in the course of the WITH OUR COMBINATION OF COM­ Business Model Change, our revenue fell year-on-year by 23% to €87.0 million (2019: €113.5 million). As with billings, revenue in MERCIALLY SENSIBLE MARKETING IN­ 2019 still included the secondary lottery business but not the VESTMENTS, HIGH NEW CUSTOMER online lottery brokerage business of LOTTO24 up to 14 May GROWTH, POWERFUL TECHNOLOGY AND 2019. In 2020, revenue in the Germany segment reached €80.0 million. EXCITING PRODUCT INNOVATIONS, WE HAVE SET THE COURSE FOR A HIGHLY At 12.3%, our gross margin in the Germany segment was above the prior-year level (2019³: 11.7%). As the Spanish ONCE business PROMISING FUTURE. is not included in billings but only in revenue, our margin trend Dr Helmut Becker, CEO, ZEAL is better reflected by the Germany segment than at Group level. ¹ The ZEAL Group is comprised of ZEAL Network SE and its subsidiaries. ² The Business Model Change refers to the LOTTO24 takeover and the conversion of the former Tipp24 secondary lottery to the German online lottery brokerage business. ³ The corresponding 2019 financial indicators have been restated to include only the business allocated to the Germany segment as explained in note 3 of the Consolidated Financial Statements. This only includes the brokerage business of the LOTTO24 brand from its acquisition on 14 May 2019 and the Tipp24 brand from 15 October 2019 onwards (since the Business Model Change). 2 . Executive Review CEO Dr Helmut Becker TARGETED COST SYNERGIES FULLY IMPLEMENTED We also succeeded in further reducing our cost base: our personnel expenses and other operating expenses together fell by €13.8 million to €78.2 million in 2020 (2019: €91.9 million) – despite significantly higher marketing investments. It should also be noted here that the costs of LOTTO24 AG up to 14 May 2019 were not included and consequently the year-on-year cost savings would have been correspondingly higher. Despite an increase in marketing expenses of €10.5 million to €32.2 million in order to take advantage of the favourable market and jackpot environment (2019: €21.7 million), other operating expenses alone decreased by €12.7 million to €56.3 million (2019: €69.0 million). The planned annual synergies of at least €57.0 million played a major role in achieving these cost savings. Our aim was to reach 80% of these cost synergies within one year and 100% within two years of completing the LOTTO24 takeover – in other words, by May 2020 and May 2021. Due to the strict implementation of the planned measures, however, we achieved our target much earlier than planned: in May 2020, we had already generated 91% of the targeted cost synergies and are delighted to report that we also realised 100% for the first time in the fourth quarter of 2020. With total expenses incurred for achieving the planned cost synergies of €15.0 million, we are also at the lower end of the targeted range of €15.0 million to €20.0 million and expect no further relevant costs. As our recent performance demonstrates, the German online lottery brokerage market offers tremendous growth potential for the ZEAL Group: in our Germany segment, we gained 918 thousand new registered customers in 2020 (2019: 274 thousand) at acquisition costs per new registered customer (cost per lead, CPL) of €27.79 (2019: €33.64). EBITDA WELL ABOVE ALREADY UPGRADED GUIDANCE As a result of revenue dis-synergies caused by the Business Model Change, there was an anticipated year-on-year decline in adjusted EBITDA to €12.7 million (2019: €29.4 million). However, this figure was above the already upgrad- ed guidance for the year. Despite significantly increased marketing expenses, the Germany segment accounted for €11.8 million of this total. At €5.4 million, EBIT was also down on the previous year (2019: €9.1 million). Increased depreciation and amortisation of €12.0 million in total (2019: €8.8 million) resulting from the LOTTO24 takeover was offset by non-recurring income of €4.6 million (2019: non-recurring expenses of €11.4 million) relating mainly to the repayment of stamp duty reserve tax from the UK tax authority HMRC. Due to the € 3.4 million increase in the financial result and the € 6.6 million reduction in tax charges, our net profit of €7.9 million was well above the prior-year figure of €1.7 million. Executive Review ZEAL Network SE Annual Report 2020 3 MARKET SHARE EXPANDED According to information published by DLTB and the German Lottery Association (DLV), online revenue of the 16 state lottery companies and private lottery brokers with permits rose to €1,587 million in the fiscal year 2020 (2019: €1,035 million).
Load more

Recommended publications
  • Labor Supply Effects of Winning a Lottery
    IZA DP No. 9472 Labor Supply Effects of Winning a Lottery Matteo Picchio Sigrid Suetens Jan C. van Ours November 2015 DISCUSSION PAPER SERIES Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Labor Supply Effects of Winning a Lottery Matteo Picchio Marche Polytechnic University, CentER, Tilburg University and IZA Sigrid Suetens CentER, Tilburg University Jan C. van Ours CentER, Tilburg University, University of Melbourne, CEPR, CESifo and IZA Discussion Paper No. 9472 November 2015 IZA P.O. Box 7240 53072 Bonn Germany Phone: +49-228-3894-0 Fax: +49-228-3894-180 E-mail: [email protected] Any opinions expressed here are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but the institute itself takes no institutional policy positions. The IZA research network is committed to the IZA Guiding Principles of Research Integrity. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion.
    [Show full text]
  • Annual Report 2015 Staatliche Toto-Lotto Gmbh Baden-Württemberg
    Annual Report 2015 Staatliche Toto-Lotto GmbH Baden-Württemberg Staatliche Toto-Lotto GmbH Baden-Württemberg Nordbahnhofstraße 201 70191 Stuttgart Telephone: +49 711-81 000-0 Telefax: +49 711-81 000-40 [email protected] www.lotto-bw.de www.spielen-mit-verantwortung.de Staatliche Toto-Lotto GmbH Baden-Württemberg Annual Report 2015 1 Table of Contents 1 Table of Contents 2 Foreword 4 Business development 2015 6 Overview of gaming types 6 LOTTO 6aus49 6 Eurojackpot 7 Spiel 77 and SUPER 6 8 KENO and plus 5 8 Silvester-Millionen 9 GlücksSpirale 10 TOTO 10 ODDSET 10 Instant lotteries 11 Balance sheet of winners 12 Lottery funding 14 Responsible Gaming 16 Lotto online 18 Lotto Baden-Württemberg on social media 20 Information processing 21 Customer service 22 Sales organisation 23 Employee development 24 Corporate communication 25 Memberships and certificates 26 History of the company 28 Organs of the Company Legal Notice 2 Annual Report 2015 Staatliche Toto-Lotto GmbH Baden-Württemberg Staatliche Toto-Lotto GmbH Baden-Württemberg Annual Report 2015 3 Foreword Dear readers, The very first winning number drawn in the Especially for our regular customers, we hired a Stuttgarter LOTTO was the magical number 13, drawn on marquee at the Cannstatter Wasen in October, Nachrichten, 9 October 1955. In the ongoing ranking of num- and celebrated the anniversary with more than May 11, 1957. bers drawn, it is currently in the last place. 4,000 guests. As well as the many celebrations, 60 years on, the 43 is the most frequently we strengthened our core business in 2015.
    [Show full text]
  • Public Gaming International Magazine May/June 2017
    The Damage to Brand efore exploring the ways and means The key part of the sentence is “where the Lottery Bto displace illegal operators from the consumer is located” as opposed to where marketplace, we should begin by clari- the operator is located. The members of the Caused fying what it means to be an illegal illegal gaming community are continually operator, define the difference between legal exploiting new developments in technol- and illegal lottery. That definition varies ogy and legal loopholes to claim that a legal by Lottoland depending on the continent, the country, or license in one jurisdiction entitles them to even within the jurisdiction you are taking as operate in all without regard to the legal- and Illegal a reference. Let’s refer to the definition artic- ity in the jurisdiction where the consumer ulated by the Council of Europe Convention resides. This posture enables them to essen- “Secondary” on the Manipulation of Sports Competitions. tially hijack the revenues of legally licensed It addresses the issue of match-fixing in operators all around the world, depriving the Lotteries: sports, but it is a definition that can apply good causes supported by licensed operators to all forms of games-of-chance. It is the and channeling those profits over to private first time that an international institution shareholders. The evidence of this is already A Call to has endeavored to clarify the boundaries that having a big impact in Europe and Australia. separate legal from illegal gambling. Article Action 35A of the Council of Europe Convention on the Manipulation of Sports Competitions The business model of these “secondary establishes that any sports betting activ- lotteries” works like this: First, they tech- ity whose type or operator is not allowed nically are not operating a lottery.
    [Show full text]
  • Annual Report 2016 Staatliche Toto-Lotto Gmbh Baden-Württemberg
    Annual Report 2016 Staatliche Toto-Lotto GmbH Baden-Württemberg Premium-Annahmestelle Staatliche Toto-Lotto GmbH Baden-Württemberg Nordbahnhofstraße 201 70191 Stuttgart, Germany Telephone: +49 711-81 000-0 Telefax: +49 711-81 000-40 [email protected] www.lotto-bw.de www.spielen-mit-verantwortung.de 2 Annual Report 2016 Staatliche Toto-Lotto GmbH Baden-Württemberg Staatliche Toto-Lotto GmbH Baden-Württemberg Annual Report 2016 1 Table of contents 1 Table of contents 2 Foreword 4 Business development 2016 6 Overview of gaming types 6 LOTTO 6aus49 6 Eurojackpot 7 Spiel 77 and SUPER 6 8 KENO and plus 5 8 Silvester-Millionen 9 GlücksSpirale 9 Sieger-Chance 10 TOTO 10 ODDSET 10 Instant lotteries 11 Balance sheet of winners 12 Lottery funding 14 Responsible Gaming 16 Lotto online 18 Lotto Baden-Württemberg on social media 19 Information processing 20 Customer service 21 Sales organisation 22 Employee development 23 Corporate communication 24 Memberships and certificates 25 Sustainability 26 History of the company 28 Organs of the Company Legal Notice 2 Annual Report 2016 Staatliche Toto-Lotto GmbH Baden-Württemberg Staatliche Toto-Lotto GmbH Baden-Württemberg Annual Report 2016 3 Foreword Dear Readers, 2016 was a year of high-intensity work for Lotto lottery‘s special feature is that it guarantees Successful relaunch Baden-Württemberg. After an eventful jubilee a prize of Euro 100,000 every week, exclusively of the homepage year, we concentrated on the core business in Baden-Württemberg. www.lotto-bw.de in 2016 and set the direction for the future. The Lotto Academy, close to Freiburg, was Stakes in Baden-Württemberg increased by opened at the start of the year.
    [Show full text]
  • 68 I-CHING Index # Australia New Zealand United States UK Malaysia
    World Lottery game #s V24 Bulgaria South Africa current as of 05/24/2021. 14 6/49 14 Lotto 6/49 Gam e # GAME 34 6/42 28 Powerball 5/45 & 1/20 0 Dice 55 5/35 3 Oz Lotto 7/45 1 Coin toss 37 Pick 3 3/(0-9) 2 Keno 1-20 #S from 1-80 Croatia 5 Xlotto 6/45 62 Euro Jackpot 5/50 2/10 16 Hrvatska Loto 7/39 40 Super66 6/(0-6) dup alowed 68 I-CHING index # 17 Hrvatska Loto 6/45 65 Set for life 8/37 Australia Denmark 66 Keno coin toss 1/ (0-2) 3 Oz Lotto 7/45 24 Danish Lotto 7/36 & 1/16 South Korea 4 Powerball 7/35 - 1/20 20 Viking Lotto 6/48 5 Lotto 6/45 5 Superdraw 6/45 Spain 5 South Wales Lotto 6/45 Estonia/Latvia/Lithuania 14 La Primitiva 6/49 5 Gold Lotto 6/45 20 Viking Lotto 6/48 Sweden 7 Tatts Lotto 6/40 Finland 31 Lotto 7/35 40 Super66 6 [0-6] dup allowed 16 Lotto 7/39 20 Viking Lotto 6/48 37 Cash 3 3 [0-9] dup allowed 20 Viking Lotto 6/48 Switzerland 59 Set for Life 7/44 France 32 Lotto 6/42 & 1/6 New Zealand 57 Loto 5/49 & 1/10 Taiwan 6 Big Wednesday 6/50+ 0,1,or 2 Germany 58 Taiwan Super Lotto 6/38 + 1/8 7 NZ Lotto 6/40 25 Lotto 7/49 & 1/9 (0-9) 14 Taiwan lotto 6/49 8 NZ Powerball 6/40 - 1/10 14 Lotto 6/49 Turkey United States Greece 14 Lotto 6/49 9 *** U.S.
    [Show full text]
  • Lotteries in Slovakia. the Business Legislation in the Lotteries Segment and Selected Slovakia’S Region Population’S Relationship to Gambling
    ADIKTOLOGIE 125 Lotteries in Slovakia. The Business Legislation in the Lotteries Segment and Selected Slovakia’s Region Population’s Relationship to Gambling METZKER, Z.1, STREIMIKIS, J.2,3 1 | Tomas Bata University, Faculty of Management and Economics, Zlín, Citation | Metzker, Z., Streimikis, J. (2020). Lotteries in Slovakia. The Business Czech Republic Legislation in the Lotteries Segment and Selected Slovakia’s Region Population’s 2 | The University of Economics and Human Science in Warsaw, Poland Relationship to Gambling. Adiktologie, 20(3–4), 125–135; 3 | Lithuanian Institute of Agrarian Economics, Vilnius, Lithuania doi 10.35198/01-2020-002-0006 BACKGROUND: Lotteries are probably the most emerged from the research. The questionnaire’s possible geographically widespread and one of the most profitable reach was 7,537 people during the one-month data types of gambling in terms of revenue in the selected collection, with the return of 129 (1.71%) responses. In country. Players in Slovakia can place a bet in 9 lotteries, total, 33.3% of respondents take part in gambling, 20% of including additional games. AIMS: The main goal of this respondents place bets in lotteries (60.5% of gamblers) paper is to present potential conditions for the development and the most common form of placing a bet is through of lottery business in the Slovak Republic, including legal a terminal (80.8% of players) – in a facility. There are definitions of lottery types, legislative restrictions and state no significant statistical differences in terms of the regulation. A separate part of the paper is dedicated to respondents’ geographical domicile on the frequency analysing the results of a questionnaire research aimed at of gambling, participation in any types of games or the finding out the preferences of selected types of gambling.
    [Show full text]
  • Gambling Law Review Gambling L Aw R Eview
    the Gambling Law Review Law Gambling Gambling L aw R eview Fifth Edition Editor Carl Rohsler Fifth Edition Fifth lawreviews © 2020 Law Business Research Ltd Gambling Law Review Fifth Edition Reproduced with permission from Law Business Research Ltd This article was first published in May 2020 For further information please contact [email protected] Editor Carl Rohsler lawreviews © 2020 Law Business Research Ltd PUBLISHER Tom Barnes SENIOR BUSINESS DEVELOPMENT MANAGER Nick Barette BUSINESS DEVELOPMENT MANAGER Joel Woods SENIOR ACCOUNT MANAGERS Pere Aspinall, Jack Bagnall ACCOUNT MANAGERS Olivia Budd, Katie Hodgetts, Reece Whelan PRODUCT MARKETING EXECUTIVE Rebecca Mogridge RESEARCH LEAD Kieran Hansen EDITORIAL COORDINATOR Gavin Jordan PRODUCTION AND OPERATIONS DIRECTOR Adam Myers PRODUCTION EDITOR Steve Haines SUBEDITOR Claire Ancell CHIEF EXECUTIVE OFFICER Nick Brailey Published in the United Kingdom by Law Business Research Ltd, London Meridian House, 34–35 Farringdon Street, London, EC4A 4HL, UK © 2020 Law Business Research Ltd www.TheLawReviews.co.uk No photocopying: copyright licences do not apply. The information provided in this publication is general and may not apply in a specific situation, nor does it necessarily represent the views of authors’ firms or their clients. Legal advice should always be sought before taking any legal action based on the information provided. The publishers accept no responsibility for any acts or omissions contained herein. Although the information provided was accurate as at May 2020,
    [Show full text]
  • Öder Als Schröder Unter Der Harmonie Der Großen Koalition Leiden Vor Allem Die Politischen TV-Plauderrunden
    Medien TALKSHOWS Öder als Schröder Unter der Harmonie der Großen Koalition leiden vor allem die politischen TV-Plauderrunden. Wo sich niemand mehr streitet, regiert schnell Langeweile. Deshalb laden Christiansen, Illner, Maischberger und Co. immer seltener Mandatsträger ein. ur mal angenommen, Harald Schmidt hätte recht gehabt, als er Nneulich bei „Sabine Christiansen“ diesen einen Satz so locker in die Runde warf. Es war eine Replik auf FDP-Mann Wolfgang Gerhardt, der gerade große Li- nien gefordert hatte statt des kleinen Karos der Großen Koalition. Er müsse ihn ent- täuschen, sagte daraufhin Schmidt: Das Volk wolle nicht nur seine Ruhe und kei- nen Streit. „Das Volk will auch keine Kon- zepte.“ Da lachten alle. Und es klang so befreit, dass fast was dran sein muss. Eigentlich hätte man das Studio danach auch dichtmachen können. Denn mit die- sem einen Satz schien die ganze Wahrheit endlich auf Christiansens Glastischchen zu liegen. Und die Wahrheit lautete: Das alles hier macht keinen Sinn. Geht nach Hause, oder lasst es bleiben! Schaltet ein oder aus! Ist alles egal. Schmidts Befund jedenfalls ist schla- gend. Wenn das Volk klare Konzepte woll- te, hätte es vielleicht anders gewählt. Wenn das Volk richtigen Streit wollte und nicht das aktuelle fade Geplänkel, hätte es bes- ser die alte Regierung im Amt gelassen. Nun hat es weder das eine noch das andere bekommen, sondern das große, halbgare Nichts. Und alles ist noch öder als bei Schröder. ARD-Talkerin Christiansen, Gesprächspartner*: Polit-Theater ohne Schurken und Helden ist auf Das Volk, das keine Konzepte will, könn- te abschalten. Aber das Volk ist nicht allein.
    [Show full text]
  • Delårsrapport 2007
    PRESS RELEASE Cherry AB (plc) Stockholm, June 11, 2015 EuroLotto.com gives players online access to six of the world’s biggest lotteries EuroLotto.com launches exciting new site, giving customers online access to six of the world’s biggest lotteries, including EuroMillions, MegaMillions and Powerball. EuroLotto.com, in partnership with Kootac.com, has unveiled its new-look site which now allows players to buy tickets online for six of the world’s biggest lotteries including EuroMillions, EuroJackpot and the USA’s famous Powerball and MegaMillions draws. The new service is the go-to site for lottery fans, presenting customers with competitive jackpots, a comprehensive results service, and exclusive discounts and promotions. “European lottery players have long sought out an ultimate offering that delivers seamless integration across the world’s biggest lottery draws and EuroLotto.com has worked hard to make that a reality. There are literally hundreds of millions of euros worth of prizes up for grabs and lottery players all over the world now have easy access to play for their share.” says Helen Taylor, Head of EuroLotto.com. The six global lotteries available on EuroLotto.com are: EuroMillions – Europe’s most well-known continent-wide draw which has two draws a week and paid out a record jackpot of €190m in October 2014. EuroJackpot – Launched in spring 2012 and operates across 16 different countries in Europe with a draw every Friday. Its record payout is €61m. MegaMillions – A US lotto famed for its record-breaking jackpots from its twice-weekly draws. Paid out a staggering world-record $656m in March 2012.
    [Show full text]
  • Camelot Lottery Solutions (Camelot Global Services NA)
    Camelot Lottery Solutions (Camelot Global Services NA) Prepared for: The Legislative Council’s Lottery Oversight Committee Date: February 20th 2020 Contents. 1 Contract Overview 2 Commercial Update 3 Future Revenue Growth Opportunities 4 Summary 5 Questions 1. Contract Overview Camelot Group of Companies. Leading provider of the modern lottery experience ● Lottery operator for the UK National Lottery ($9bn per annum) and Illinois Lottery ($3bn per annum) HEAD OFFICE Chicago ● Business planning and consulting services contract with the Arkansas Scholarship Lottery ($500m sales per annum) ● Deep lottery-domain expertise, with operator experience in North America and Europe CENTERS OF EXCELLENCE ● North American Corporate Head Office in Chicago, Illinois ● Digital Services partnerships with the Illinois Lottery, UK National Lottery and Irish National Lottery London Dublin Chicago Athens ● Lottery-focused, we invest in innovative solutions for the future of modern lotteries Lottery Expertise Worldwide We are extremely proud of our continued business partnership with the Arkansas Scholarship Lottery Irish National Lottery Digital Managed Services UK National Lottery Operator for 25 years Illinois Lottery Private Manager since 2018 Loterie Romande iLotterty Platform, Digital Arkansas Games Scholarship Lottery Business Planning Services Contract with the Arkansas Scholarship Lottery (ASL) ● Long-term contract for Business Planning and Consulting Services commenced in December 2015 ● 5 Year Business Plan was developed in the first three months
    [Show full text]
  • Fantini's COVID
    FANTINI’S GAMING REPORT© More Important Than Your Morning Coffee… ™ … And Now More Important Than Ever Special Reporting Service June 21, 2020 Frank Fantini – Publisher Ashley Diem – Associate Publisher and Executive Editor Blake Weishaar – Editor Fantini’s COVID-19 Gaming Daily – Weekend Update INDEX WHITE PAPER: CONVERGENCE MATTERS LV: JULY 4, RATES RISING, G2E RETURNS CASINO TRAFFIC RISES OPENINGS US, CANADA: CA, MB, MD, MGM, NM, ND, PENN, PA, TRWH INTERNATIONAL: BAHAMAS, IRELAND, REEF, SOUTH AFRICA STEPS BACK: AZ, CZR, MERUELO, RUSH ST, WA GUIDELINES: CDC, CULINARY COMPANIES: BLOOMBERRY, GATEWAY, PENN, RESORTS US: LV INTERNATIONAL: ASIA-OCEANA DOING GOOD: LOTTOLAND FANTINI’S VIRTUAL TRADE SHOW CONVENTIONS, TRADE SHOWS, CONFERENCES, EXPOS WHITE PAPER: CONVERGENCE MATTERS Developing an omnichannel strategy that diversifies revenues, serves customers and builds brands through online, sports betting and the social gaming world is explained in the second installment of post COVID-19 white papers by The Strategy Organization and Fantini Research. The white paper will be available at https://www.fantiniresearch.com/links/the- strategy-organization-fantini-research-white-paper.html. LV: JULY 4th RATES RISING, G2E RETURNS Las Vegas casinos expect growing crowds for July 4th weekend, but short of the 330,000 people who crowded the city last year. Visitors will pay higher hotel rates over the holiday weekend as resorts are getting back pricing power. Among publicly listed casinos reported by the Las Vegas Review- Journal, recent rate changes are Harrah’s $75 a night jumping to $149, MGM Grand from $169 to $189 and Wynn from $209 to $299. And, while festivities might be less flamboyant than usual, Plaza Hotel in downtown is still planning a fireworks show.
    [Show full text]
  • Memories of East German Childhood: Popular Representations of the Contested Past
    Memories of East German Childhood: Popular Representations of the Contested Past A Senior Honors Thesis Presented in Partial Fulfillment of the Requirements for graduation with distinction in Germanic Languages and Literatures in the undergraduate colleges of The Ohio State University by Claire M. Doughty The Ohio State University June 2005 Project Advisers: Dr. Andrew Spencer, Department of Germanic Languages and Literatures Dr. Helen Fehervary, Department of Germanic Languages and Literatures 2 Table of Contents Introduction......................................................................................................................3-8 Chapter One: Metaphors and Memories of Childhood in Monika Maron’s Stille Zeile Sechs ..................................................................................................................9-24 Chapter Two: Time, Space, and the Problem of Loss in Wolfgang Becker’s Good Bye, Lenin! ................................................................................................................25-41 Chapter Three: The Past as Pop Culture in Jana Hensel’s Zonenkinder ......................42-59 Chapter Four: Popular Music in Leander Hau βmann’s Sonnenallee ...........................60-78 Conclusion....................................................................................................................79-83 Notes.............................................................................................................................84-92 Bibliography.................................................................................................................93-98
    [Show full text]