Tag Archives: VLTs
Greece – SYNOT reaches milestone of 3,000 VLTs with OPAP
The SYNOT Group has continued its successful cooperation in the Greek market with the leading betting and lottery company OPAP by reaching the milestone of having installed 3,000 VLTs with the group. It still has a contract in place to put a further 2,000 VLTs into operation with OPAP. Roland Andrysek, Sales Director of the…
US – Grand Vision Gaming renews licensing deal with Aristocrat
Grand Vision Gaming (GVG), a manufacturer of video gaming devices specifically designed for video lottery markets, has renewed a cross-licensing agreement with leading international gaming supplier Aristocrat Technologies. The deal will bring Aristocrat’s Buffalo Deluxe, Miss Kitty Gold and Wild Leprecoins to the Montana, South Dakota and West Virginia limited lottery markets. Additionally, the agreement…
Puerto Rico – Judge voids new rules for VLTs
A judge has declared void two new rules which would have given the green light to video lotteries (VLTs). Superior Court Judge Gloria Maynard Salgado, has rejected a thirty page order in which the Treasury Department requested a summary judgment in their favour and to dismiss a request for declaratory judgment put forward by The…
Puerto Rico – Puerto Rico suspends installation of VLT’s
Puerto Rico’s Secretary to the Treasury Department has suspended until further notice the installation of video lotteries (VLT’s) due to two lawsuits which are seeking to stop regulation which would green light as many as 100,000 VLT’s operating on the island. Assistant Secretary of the Internal Revenue Office, Victor Pizarro confirmed the decision after Robert…
Puerto Rico – Hotels fight Puerto Rican Government over VLTs
The Association of Hotels and Tourism of Puerto Rico (PRHTA) has filed a motion with a court to contest new regulations which would allow for video lotteries (VLT’s). The government is hoping to gain up to US$400m a year the new act which was approved last week in a controversial move by Finance Minister Juan…
Greece – OPAP delays VLT rollout in light of new machine regulations
The rollout of Greek operator OPAP’s first wave of VLTs has been delayed following new stipulations from the Hellenic Gaming Commission on how the machines must work. The delay, which will affect companies such as Scientific, IGT, Inspired and Synot are also expected to cost the troubled Greek economy millions of euros. OPAP has said…
Puerto Rico – Court threat hits Puerto Rico’s VLT plan
The Association of Hotels and Tourism of Puerto Rico has not ruled out going to court, if lawmakers amend Treasury Department rules which would legalise video lotteries (VLT’s). Treasury Secretary Juan Zaragoza has justified the decision saying that new rules would legalise between 20 and 25 thousand machines in three years. Mr. Zaragoza said that…
China – Shoutz to help launch VLTs in two Chinese provinces
Shoutz, Inc. and China Netcom Technology Holdings Limited have signed an agreement to implement Shoutz’s Grand Rewards loyalty and second-chance platform and launch a video lottery program in two Chinese provinces. The Grand Rewards platform is an end-to-end solution for lotteries that can increase customer engagement, drive ticket sales and encourage brand loyalty. Shoutz and…
Puerto Rico – Puerto Rico moves to approve VLTs despite controversy
Puerto Rico’s Department of the Treasury has not ruled out the possibility of allowing video lotteries despite the fact that the issue has been met with fierce resistance by local gaming operators, who argue that allowing video lotteries on the island would put 5,000 jobs at risk. However the Treasury estimates that allowing VLT’s would…
