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Industry News
Sandy’s Racing & Gaming Celebrates Grand Opening
Kentucky Gov. Andy Beshear helped open the doors Thursday at Sandy’s Racing & Gaming – a $75 million entertainment facility in Eastern Kentucky that creates nearly 250 new jobs and millions of dollars in new tax revenues.
With nearly 700 historical horse racing games, two performance stages and a BetMGM Race & Sportsbook, the 75,000 square-foot facility is unlike anything else in the area.
“Last year, we promised to bring a first-class facility to Boyd County,” said Larry Lucas, Chairman of Revolutionary Racing Kentucky, which is making the investment together with the Eastern Band of Cherokee Indians. “Today, we can say – promises made, promises kept.”
The project will also include Kentucky’s only quarter horse racetrack and an equestrian center, located on 182 acres behind Sandy’s. While track construction is officially set to begin in early 2024, Thursday’s festivities included a ceremonial blast, leveling some of the hills at the track site. The first races are set to happen there in 2025, marking continued growth for Kentucky’s thriving horse racing industry.
“Sandy’s Racing & Gaming is bringing top-tier racing, gaming and entertainment to Northeastern Kentucky, along with hundreds of new jobs for the people who call Boyd County and the surrounding region home. Congratulations to Revolutionary Racing and the Eastern Band of Cherokee Indians for creating this exciting destination,” Gov. Beshear said.
Last summer, the Kentucky Horse Racing Commission awarded the state’s ninth and final horse racing license to Revolutionary Racing Kentucky. Construction began in April and was led by Lexington’s D.W. Wilburn Construction and the Tri-State Building Trades. More than 300 local union workers were employed throughout the project and 90% of all materials and supplies were made in the US.
Amenities include a 5200 square-foot sportsbook, which features dozens of leather recliners and three cinema-sized screens. Daily entertainment will take place on two stages, which include dueling pianos, as well as local and national performers. Country star and Boyd County native Cole Chaney starred as the opening-night headliner, while last year’s “American Idol” winner Noah Thompson delivered a surprise performance.
A craft-focused kitchen offers multiple dining options, with all meat locally sourced from AW Meat House in Argillite. Menu highlights include the Big Sandy Burger, flatbreads, root beer floats made with The Peddler in Huntington, West Virginia and Sandy’s Ale – a craft beer made by Mikerphone Brewing in Illinois, which is only available at Sandy’s.
Industry News
IGT Achieves Improved ESG Score from FTSE Russell
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International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russell’s ESG Scores. This was an improvement from IGT’s previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
“As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,” Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russell’s ESG Scores and data model allows investors to understand a company’s exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each company’s unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russell’s ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
Industry News
Super Group Appoints Merrick Wolman to its Board of Directors
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Super Group has appointed Merrick Wolman to its Board of Directors, effective from February 18, 2025.
Mr. Wolman is the Chief Executive Officer of a global finance company and has worked closely with the Super Group executive team for over two decades.
Neal Menashe, Chief Executive Officer of Super Group, said: “We are very pleased to welcome Merrick to the board. His deep understanding of the gaming industry, alongside his wide range of experience in executive roles, will be of great value as we continue to pursue our global growth strategy and build on our successes to date.”
This appointment brings the total directors on Super Group’s board to nine, including five independent directors.
The post Super Group Appoints Merrick Wolman to its Board of Directors appeared first on European Gaming Industry News.
Industry News
Kindred Reports Decline in Revenue from High-risk Players for Q4 2024
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Kindred Group has reported decline in its share of revenue from high-risk players for the fourth quarter 2024 at 2.7% (Q3 2024 3.2%). The percentage of detected customers who exhibited improved behaviour after interventions showed an improvement at 92.2% (compared to 87.3% in Q3 2024). This positive trend is mainly the result of stricter measures across key markets, improved internal processes, as well as the exit from non-locally licensed markets as part of to the acquisition by La Française des Jeux (FDJ) in October 2024. This shift reflects Kindred’s broader commitment to maintaining high regulatory standards and fostering safer gambling practices.
“It is pleasing to see the decline in high-risk revenue during the fourth quarter of last year. We know that the share fluctuates between quarters, but the long-term trend is showing a steady decline. We remain dedicated and focused on improving our systems and processes to ensure we offer our customers a safe and fun experience,” Esther Scheepers, Head of Responsible Gambling at Kindred Group, said.
“The increased focus on responsible gambling by regulators and the industry is welcomed. From our end, we see that by combining our expertise with emerging technologies, we can further enhance detection capabilities. We are currently working on our existing detection system in combination with an additional system that will enable us to integrate more robust compliance features and optimize our overall approach to safer gambling. Furthermore, we are exploring opportunities to expand our research efforts, aiming to support data-driven discussions and looking at emerging trends in consumer protection. All these aspects are important to protect the integrity of the licence model and maintain a level playing field,” Esther Scheepers added.
The post Kindred Reports Decline in Revenue from High-risk Players for Q4 2024 appeared first on European Gaming Industry News.
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