Archives for May 30, 2018

Lottery & Live Sports Wagering – A Presentation at GiGse by EquiLottery CEO Brad Cummings

This is the type of content that makes GiGse a highlight of the conference calendar each year.

With all eyes on US sports betting at the annual GiGse conference in Miami, the assembled audience of top gaming professionals in North America and beyond will be privy to a “first-of-its-kind presentation” when the event opens this week. EquiLottery CEO Brad Cummings will, for the first time in a public or private forum, provide his full vision for lottery games of chance based on live sporting events on May 31st at 3:30 PM at the Biltmore Hotel.

CEO Brad Cummings

CEO Brad Cummings

“EquiLottery is best known in the lottery and gaming industries through our development of Win Place Show, a game of chance based on live horse racing,” said Cummings. “But the recent Supreme Court ruling striking down PASPA has allowed us to publicly expand our vision and offer new games to lotteries that will provide more money to the good causes they support. Similar to our racetrack friends and partners, we see this ruling as an opportunity to build on the platform we have already established for Win Place Show. We look forward to transferring this vision to lottery games of chance based on all live sports, including football, basketball, baseball, hockey, soccer, auto racing and golf.”

Cummings’ presentation will outline a vision for this new category and discuss in detail two conceptual games, the first a parlay style game based on live football and the second a higher stakes game based on a live auto race. Complete details, including the patented play style, suggested payouts and odds structure, will be presented to conference attendees. The games will range from smaller daily game options to larger jackpot games designed for multi-state play. All games will allow for the leagues and associations involved to get a piece of the action through a licensing fee as a percentage of sales.

“We’re thrilled that EquiLottery has chosen GiGse as the platform for this first-of-its-kind presentation,” said Clarion Gaming’s Head of

Clarion Gaming¹s Head of Industry Insight and Engagement, Ewa Bakun (GiGse 2018)

Clarion’s Ewa Bakun

Content, Ewa Bakun, which organizes GiGse as well as ICE London. “This kind of forward thinking is what has made Mr. Cummings an important voice in the lottery industry specifically and the gaming industry at large. This is the type of content that makes GiGse a highlight of the conference calendar each year. ”

EquiLottery recently announced the rebranding of its live horse racing lottery game as Win Place Show: An EquiLottery Game. Details of the new game can be found at www.WinPlaceShowLotto.com. This rebranding has set the stage for other live sports lottery games of pure chance to be developed by EquiLottery based on its U.S. and Canadian IP. These games are being developed for implementation by state and provincial lotteries and will become part of the EquiLottery family of lottery games as the company evolves its mission from the development of a single product to pioneering a new game category.

Source:  Press Release

Successful 2018 Preakness Stakes Day in Maryland

The Stronach Group and the Maryland Jockey Club announced that total handle on Saturday’s 143rd Preakness Stakes, won by Justify, was $93,655,128.

The handle, as well as the crowd of 134,487, was the third-largest in Preakness history.

Despite rain showers, a sloppy track and dense fog, an energetic crowd was treated to 14 races, world-class dining, and entertainment featuring Post Malone, 21 Savage and ODESZA.

“It’s amazing that under the conditions, the fact field size was 6.6 compared to 8.9 the year before and we lost four turf races, our handle was $93 million,” said Sal Sinatra, President and General Manager of the Maryland Jockey Club. “Justify and all our equine and human athletes put on a memorable show. I want to thank all of the fans who attended and wagered on our races Saturday. They are truly remarkable. The Stronach Group is proud to be part of the history and tradition of Thoroughbred racing in Maryland. We’re committed to honoring the deep history and tradition of the Preakness while continuing to modernize the sport by offering unique entertainment and guest experiences.”

Friday Just as Successful

Despite a sloppy track and afternoon showers, a crowd of 48,265 attended Friday’s 14-race Black-Eyed Susan program at legendary Pimlico Race Course.

The crowd was the second largest in the Black-Eyed Susan’s 94-year history, just shy of last year’s record of 50,339.

The program was highlighted by seven stakes and Red Ruby’s victory in the $250,000 Xpressbet Black-Eyed Susan (G2).

Total handle for the afternoon was $18.591 million, down six percent from last year ($19.895) on an afternoon when four races were taken off the turf on a program with 35 fewer starters.

“We witnessed some impressive performances on the track from our equine and human athletes, and we received positive feedback on the upgraded facilities in the Preakness Village and Turfside Terrace and our dining rooms,” said Sal Sinatra, President and General Manager of the Maryland Jockey Club. “Despite races being taken off the turf, handle was strong and the crowd enjoyed the afternoon.

“We want to thank our dedicated fans and horsemen. We’re looking forward to showing off more of our improvements Saturday during Preakness 143, including a new stage for InfieldFest, a revamped infield layout, and five spectacular performers. The Stronach Group’s commitment to Thoroughhbred racing in Maryland and throughout the country are reflected by today’s impressive results.”

Source: Press Release