Retail

US casino and leisure operator Boyd Gaming Corporation (Boyd) has agreed to sell its 50% stake in Atlantic City’s Borgata casino complex to MGM Resorts International (MGM) for a reported $900 million. Boyd’s stake is set to be acquired by MGM property subsidiary ‘MGM Growth Properties’ with the deal expected to be completed by Q3 2016. MGM will take over …

Intralot has signed a contract extension with Pacific Online Systems Corporation (POSC), a public listed company that runs the games of the Philippines Charity Sweepstakes Office (PCSO). The contract will run until 31st August 2008, and represents the 5th amendment between the two parties since the first cooperation in 2006. Under the terms of the extension contract, Intralot will continue …

Seeking further convergence between its retail sales and mobile channels, UK National Lottery operator Camelot is set to add QR scanning codes to its purchased tickets, allowing players to instantly check their numbers. QR scanning codes will be attached to draw based game tickets for the UK Lottery and its syndicated competitions Thunderball, Hotpicks and EuroMillions. Camelot are reported to …

Scientific Games has announced that it will bring its lottery instant games to consumers in Belgium. Following a competitive process, in which the company replaced Loterie Nationale, Scientific Games signed a one-year contract with the option to extend the agreement for an additional three years. The $80.4 billion global instant game category is expanding across Europe with an average of …

Sports data technology provider Genius Sports has announced its latest integrity services partnership with the Belarusian Basketball Federation (BBF), extending its coverage within European professional basketball leagues. Genius Sports acquires exclusive data rights to all BBF fixtures for period of three seasons, as part of an extended services partnership between the two organisations. The partnership will see Genius Sports become …

Addressing shareholders at Intralot’s Annual General Meeting, group CEO Antonios Kerastaris detailed that in order to meet its future growth targets, the gambling technology provider would have to tackle new consumer demands and market conditions by delivering a ‘‘best-of- breed’ product portfolio. Kerastaris gave shareholders a breakdown of Intralot’s recent investment/transactional activity as the company expands its international services. In …

Presenting its Q1 2016 (period ending 31 March) corporate performance, IGT Plc governance stated its was pleased with its ‘solid opening performance’ as the New York-listed firm saw growth throughout its top line metrics. Reporting group revenues of $1.28 billion up 51% on Q1 2015’s $848 million, IGT detailed growth in its core region of North America. IGT would record …

Following April’s news that Paddy Power Betfair (PPB) would seek to merge its media and advertising accounts, following a restructure of its group marketing leadership. UK marketing news source ‘Campaign Live’ today reports that PPB’s merged marketing account will be handled by MediaCom (for PPB planning & buying) and Lucky Generals (for PPB creative strategy). Merging its media assets, MediaCom …

Australian marketing news sources have reported that Tabcorp has called out for a review of its media planning and buying account as the operator looks to restructure its marketing division. Tabcorp will review its partnership with long-term incumbent OMD Australia, who have acted as its media planning lead for the past twenty years. It is understood that Tabcorp management carried …

Updating the market, gambling platform provider OpenBet has announced that it has renewed its longstanding services partnership with Canadian lottery operator Loto-Québec for a further three years. Renewing its partnership OpenBet is set to provide Loto-Québec with its new mobile portal solution which will form a key part in the lottery operator’s future growth strategy. OpenBet governance detailed that Loto-Québec had …