Scientific Games has joined forces with JSC Satty Zhuldyz to launch the Kazakhstan Lottery. JSC Satty Zhuldyz will operate the lottery, while Scientific will serve as exclusive supplier of all games, technology and services. Lottery instant ‘scratch’ games and draw games, such as numbers and Keno, will be going live across a network of approximately 3,000 retailers in Kazakhstan. “We are excited to work with Scientific Games to launch a socially responsible lottery in partnership with the Kazakhstan government,” JSC Satty Zhuldyz president Alexandr Ten said. More about the Kazakhstan Lottery at iGaming Business

Founded in 1860, well over 150 years ago, the Cheltenham race is considered by many to the Olympics of the Horse Racing world. The 2014 edition of the festival was estimated to have had over £250 Million wagered on its races, with over 200,000 people in attendance. We take a look at some of the greatest moments, and most incredible horses ever to grace the event. Who’s your favourite? And who are you expecting to see win this year? Arkle V Mill House The 1964 Gold Cup might go down in history as one of the greatest racing events since…

Las Vegas Sands Corp. has reached a definitive agreement to sell its Sands Bethlehem casino to an American Indian tribe from Alabama. It’s a move that would unload arguably Pennsylvania’s most successful casino — and one of the Lehigh Valley’s largest employment hubs — to a little-known, yet cash-flush, group looking to grow. Wind Creek Hospitality, a privately held affiliate of the Poarch Band of Creek Indians of Alabama, is acquiring the property for a total enterprise value — market capitalization plus debt — of $1.3 billion, representing one of the largest sales in the Lehigh Valley’s history. The 159,000-square-foot…

Scientific Games has reported year-on-year financial growth across all business segments for the 12 months to December 31, 2017. Revenue amounted to $3.08bn (€2.52bn), which represents an increase of 7%, or $200.2m, on the previous year. Operating income climbed from $130.6m in 2016 to $393.1m, while net loss also improved from $353.7m to $242.3m in the past 12 months. However, Scientific Games said that these improvements were partially offset by a $38.1m loss on debt financing transactions and a $139.5m decline in income tax provision “primarily related to a valuation allowance recorded against certain domestic deferred tax assets”. Elsewhere, adjusted…

Marriott International’s plan to open two luxury hotels on the north Las Vegas Strip at the long-stalled Fontainebleau site. The project could finally provide crucial energy for a stretch on the north end that has been largely dormant for the better part of a decade. Quiet since 2009 because of recession-era construction delays, the project is slated to open in 2020 as the Drew Las Vegas, a 4,000-room integrated resort that will include a JW Marriott and a hotel under Marriott’s Edition brand, as well as a third eponymous hotel, the Drew, which will be overseen in part by former…

The Pennsylvania Gaming Control Board has released an online gambling FAQ document designed to help people better understand the forthcoming online gaming industry. There’s nothing new or groundbreaking in the two-page document, but one aspect of the law that has been underreported is a prohibition on online casino and online poker at any of the 12 land-based casinos in Pennsylvania. The reason for this ban is protectionist. A false narrative was pushed during the gaming debate in the state that led to not only this strange prohibition, but also the exorbitant tax rate on online slots. The fear was that…