G3Newswire NORTH AMERICA NEWS
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US – SG APPOINTS SAVAGE AS MARKETING VP Scientific Games has appointed Dan Savage as Vice President, Corporate Marketing, where he will work closely with the company’s Gaming, Lottery and Interactive groups to identify, evaluate and leverage opportunities to increase player appeal and posi- tioning in the marketplace. Additionally, he will provide leadership in the planned integra- tion of Scientific Games and Bally Technologies.
Gavin Isaacs, President and Chief Executive Officer of Scientific Games said: “Dan is a passionate leader with an eye for detail and an unwavering commitment to continuous improvement. His expertise in marketing, product definition, brand management, product and customer research, and experience in company integrations will greatly benefit and speed the transformation of SG as we begin this exciting new journey as a larger, customer-centric company.”
US – WMS PAYS 300TH WIDE-AREA JACKPOT A very lucky player at the Lodge Casino in Black Hawk, Colorado, US, has won a $1,391,728.01 jackpot on a WILLY WONKA & THE CHOCOLATE FACTORY slot machine. The prize is the 300th jackpot on a WMS wide-area progressive slot machine since the first installation in 2004. Within 36 hours of that 300th jackpot, two other lucky players hit mega-wins on WMS machines at other locations for a com- bined total of nearly US$5m in jackpots.
The second winner hit a jackpot of $953,220.95 on THE WIZARD OF OZ Emerald City slot machine at Aquarius Casino in Laughlin, Nevada. The third jackpot was at Mohegan Sun in Uncasville, Connecticut on the MONOPOLY Luxury Diamonds slot machine for $2,593,251.74.
US – GAN SIGNS DEQ ONLINE DEVELOPMENT DEAL GameAccount Network has entered into an agreement with DEQ Systems. The agreement is to launch DEQ’s table game content enabled for regulated real money Internet gaming and virtual currency-based Simulated Gaming focused on the Italian and New Jersey regulated Internet gaming mar- kets and Simulated Gaming deployments for US casino operators.
Commenting on the deal, Dermot Smurfit, CEO of GameAccount Network, said: “DEQ brings recognized, authentic table games from casino properties, with a particu- lar relevance in key Asian markets, for distribution online. We’re delighted to work with DEQ to bring their selected table game titles online in the United States for both real money and Simulated Gaming, for Simulated Gaming in Asian mar- kets and in Europe’s major regulated real money Internet gaming markets.”
“We are very pleased to have entered into this agreement with GameAccount Network. This is a strategic part of our table game content product roadmap. Partnering with an established, respected and expert partner who will deliver our game content online into both real money and brick and mortar Simulated Gaming customers is essential to drive revenues.” added Joseph E. Bertolone, President and CEO of DEQ.
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MULTIPLE BLOWS HIT ATLANTIC CITY
As Trump Entertainment files for bankruptcy protection, further casinos in Atlantic City are now due for closure New Jersey - Operations
More jobs are under threat in Atlantic City with Trump Entertainment Resorts filing for Chapter 11 Bankruptcy, a move which analysts believe puts the future of Trump Taj Mahal under threat.
Trump owns two properties; Trump Plaza, which is due to shut on September 16, and the Trump Taj Mahal, which analysts believe could now also shut in November. Around 8,000 casino workers are already expected to lose their jobs following a series of closures in Atlantic City. Two casinos, the Showboat and Revel, have closed already.
With Trump Plaza shutting its doors on September 16, and the Atlantic Club closing down in January, Atlantic City, which began 2014 with 12 casinos, will be down to eight. The potential closure of the Taj Mahal would put another 2,800 employees out of work. Revenue at Trump Taj Mahal was down $35m to $108m in the first six months of 2014 whilst Trump Plaza turned a loss of $9.8m with revenues of $28m. Trump Entertainment offloaded the Trump Marina hotel to Landry’s for $38m in 2011, who renamed the Golden Nugget.
The company filed in US Bankruptcy Court in Delaware, detailing liabilities of between $100m and $500m, and assets of no more than $50,000. It didn’t
pay its quarterly tax last month and revealed it won’t be able to make an interest payment to lenders at the end of September. It is the fourth time Trump I its various guises has filed for bankruptcy. It has struggled since coming out of its last bankruptcy in 2010 with $350m of debt. It currently has over $285m of debt
Cost-cutting negotiations with the main casino workers' union have derailed. Local 54 of the Unite- HERE union rejected proposals for workers to relin- quish their health insurance and pension policies, which would only have saved the casino $11m a year.
Analysts believe the closings will benefit what has become an oversaturated market with predictions that the remaining eight casinos will perform better with less competition. The closures will mean Atlantic City only has 13,436 hotel rooms. Jim Wood, Chief Executive of Meet AC, believes this will reduce the city’s capacity to host large events.
"The available inventory will shrink by 20 per cent, so the existing operators have to contribute more rooms if we are going after the mega-city-wide con- ventions,” he said. “They will have to provide a larg- er room block."
Nevada AGEM has approved the membership applications of five new companies, bringing the trade group, comprised of the world’s leading gaming suppliers, to a total of 143 members. The new AGEM members are: Asimex Global, Mexico City - logistics and international trade management services; Coloredge, New York - visual brand imaging solutions in wide-format signage and digital-screen advertising; Gamblit Gaming, Glendale, Calif. - technology provider of real-money gaming in video games; Robert Half, Menlo Park, Calif. - world’s first and largest specialised staffing firm; and Twain Financial Partners, St. Louis, creative capital solutions via debt and equity investments for Nevada-based gaming manufacturers.
GTECH partners with Arizona Gaming Designs for lottery title
US GTECH and Arizona Gaming Designs have signed an agree- ment to bring Arizona Gaming Designs’ patent-pending Plus or Minus lottery game to GTECH customers. Plus or Minus, also known as 1-Off, gives players another way to play 3-digit and 4-digit daily numbers games, offering a chance to win even if the numbers chosen don’t match the numbers drawn by the lot- tery.
With Plus or Minus, players win if one of their numbers is one
higher or one lower than the winning numbers drawn by the lottery. This partnership extends exclusive, favourable pricing terms to GTECH customers, some of the country’s leading providers of numbers games. Arizona Gaming Designs is a provider of unique game designs for lotteries, gaming machines, casinos, race tracks, and sports teams.
GTECH Senior Vice President of Lottery Product Marketing Stefano Monterosso, said: “Our research continues to show that lottery players value game
enhancements that improve their chances of winning, and GTECH remains focused on game innovations that will drive lot- tery profits. Our customers are always looking for innovative ways to improve their players’ favourite games. We believe that Plus or Minus is an excellent opportunity for lotteries to do just that on numbers games, and we are happy to be able to offer preferred pricing to our cus- tomers.”
Arizona Gaming Designs President Ron Borruso added: “Our objective is to develop new games for the lottery industry, providing players with the opportunity to win more fre- quently and enhance lottery rev- enues.”
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