Connect with us
European Gaming Congress 2024

iGaming Industry

Lottery ticket production to increase Kerala revenues

Published

on

Lottery ticket production to increase Kerala revenues

The state government will increase the production of lottery tickets in order to obtain additional revenue.

 

The state government of Kerala (India) reported that 1.5 billion US$ are expected to be generated in lottery revenue for the 2017-2018 fiscal year. The increase in revenues comes after a decision to increase the number of lottery tickets printed every day.

The government is counting on a positive outcome as the financial year ended March 31, 2017 reported an all time-revenue high of state lottery tickets sale. Kerala State Lotteries Department (KSLD) has decided to print an additional 400k tickets every day starting November 1 and increasing the number of printed tickets to 9.6 million a day.

“It has been only a month since the Lotteries Department took up the number to 92 lakh tickets (9.2 million) from around 85  lakh tickets (8.5 million) it was printing over the past many months. This comes after a rough patch the sales went through immediately after demonetisation when the sales fell to an unprecedented low of 60 lakh tickets (6 million).”-  said K D Appachan, Deputy Director (Sales), KSLD.

Advertisement
Stake.com

He also added that during the first six months of the current fiscal year they managed to cross last year’s total revenue, and that they’re confident that they will reach the US$1.5 billion figure by March 31, 2018.

Venkatesapathy S, Director, KSLD, said that they were moving in the right direction and that they decided to increase the printing of tickets as part of their sales strategy.

Moreover, Tomin J Thachankary, Managing Director, KBPS, added: “From November 1 we will start printing these additional tickets. At present we have only one machine for printing the entire lot but within months, we will purchase a modern machine with advanced technology for this job.”…

The post Lottery ticket production to increase Kerala revenues appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: EEGaming.

Advertisement
Stake.com

4Play

Fast Track Enters into Partnership with 4Play

Published

on

fast-track-enters-into-partnership-with-4play

 

Fast Track, the leading player engagement platform built specifically for the iGaming industry, has partnered with 4Play, a dynamic and innovative gaming operator renowned for its exceptional player experiences in both casino and sports betting.

Launched in 2023, 4Play has rapidly gained recognition in the industry, primarily targeting the burgeoning Brazilian market. With a commitment to delivering unparalleled entertainment, 4Play offers its players a seamless experience in Portuguese, featuring popular gaming verticals such as casino and sports betting.

4Play’s decision to integrate Fast Track CRM comes as part of its strategic initiative to bolster player retention and streamline operations through advanced automation. Fast Track’s robust platform will enable 4Play to automate complex player journeys, ensuring each interaction is personalised and timely.

“We are excited to partner with Fast Track to elevate our player engagement strategies. Their innovative approach to CRM and their commitment to creating individualised player experiences align perfectly with our vision for 4Play. We look forward to leveraging their platform to enhance our player retention and operational efficiency,” Mateus Ihering, Chief Operating Officer of 4Play, said.

Advertisement
Stake.com

Fast Track’s CRM platform, recognised for its real-time data capabilities and comprehensive automation suite, will support 4Play in achieving its business goals. By automating player communications and optimising the registration journey, 4Play aims to significantly increase its number of depositors while maintaining a high level of engagement among its 148,000 monthly active users.

Simon Lidzén, Co-Founder and CEO of Fast Track, said: “We are delighted to welcome 4Play into the Fast Track family. Their innovative spirit and dedication to providing top-tier player experiences make them an ideal partner. Together, we will set new standards in player engagement and retention, ensuring that 4Play continues to thrive in the competitive iGaming landscape.”

Continue Reading

Andrés Tamayo

Pragmatic Play Enhances FullReto Partnership with Virtual Sports Addition

Published

on

pragmatic-play-enhances-fullreto-partnership-with-virtual-sports-addition

 

Pragmatic Play, a leading content supplier to the iGaming industry, has reinforced its commitment to Latin American expansion by strengthening its existing relationship with Colombian operator FullReto.

The latest agreement will see FullReto offer its players a broad selection of Pragmatic Play’s unique Virtual Sports titles, building on an already extensive offering of over 300 Slots and Live Casino games.

Fantastic League, Greyhound Racing, and the thrilling motor racing-themed Force 1 are among the games now available to FullReto customers as the operator looks to capitalise on the rapidly increasing popularity of Virtual Sports to consolidate its position as a leading platform in Colombia.

The multi-product partnership reaffirms Pragmatic Play’s intentions to expand its offering in the LatAm markets, with FullReto now offering a vast catalogue of Pragmatic’s award-winning games across three verticals.

Advertisement
Stake.com

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is delighted to reinforce its partnership with FullReto by providing its players with access to its renowned Virtual Sports games. The deal not only emphasises Pragmatic Play’s desire to provide Colombian players with an exciting online gaming experience, but also demonstrates the supplier’s dedication to furthering its Latin American expansion.”

Andrés Tamayo, General Manager at FullReto, said: “FullReto’s continued collaboration with Pragmatic Play highlights our main objective of supplying the optimal player experience. The addition of Pragmatic Play’s Virtual Sports offering, on top of its Slots and Live Casino games, will ensure FullReto players have access to hundreds of fan-favourite games across a variety of verticals.”

Continue Reading

Alonso Huiman

Pragmatic Play Launches Live Casino Offer at Atlantic City

Published

on

pragmatic-play-launches-live-casino-offer-at-atlantic-city

 

Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its Live Casino footprint across Peru after going live with major local operator, Atlantic City.

The partnership sees Pragmatic Play’s full Live Casino portfolio integrated with the operator, enabling players in Peru to enjoy market-leading titles such as Blackjack, Roulette, and Baccarat from the supplier’s award-winning portfolio.

This latest agreement showcases Pragmatic Play’s plans for growth in LatAm, exhibiting an array of its verticals across multiple territories in recent months. It is the latest deal signed by Pragmatic Play with a Peruvian operator, following a comprehensive growth strategy in the country.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Atlantic City is one of Peru’s most reputable operators and offers another opportunity to showcase the Pragmatic Play Live Casino portfolio in Peru. With an offering that will deliver exceptional gaming experiences to players, this partnership promises to cement Pragmatic Play’s position at the forefront of the Peruvian iGaming industry.”

Advertisement
Stake.com

Alonso Huiman, Chief of Online Casino at Atlantic City, said: “This landmark agreement with Pragmatic Play is a pivotal moment for us. Its vast selection of table and card games will resonate seamlessly with our player base and we are confident that this will propel our brand to new heights.”

Continue Reading

Trending