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IGT Celebrates 15 Years of Environmental, Social and Governance Excellence with Publication of 2021 Sustainability Report

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International Game Technology PLC announced the release of its 2021 Sustainability Report, which outlines the Company’s demonstrated environmental, social and governance (ESG) performance. IGT’s 15th annual Sustainability Report validates the Company’s commitment to operating as an industry-leading sustainable business and illustrates its latest achievements in generating value for its stakeholders.

“IGT understood the vast importance of sustainability 15 years ago when we issued the Company’s first Sustainability Report, and our 2021 Sustainability Report underscores the progress we have made since then,” said Vince Sadusky, IGT CEO.“We are developing our sustainability plans to further integrate sustainability across the entire value chain and improve the ESG impact throughout our daily operations. Highlighted in our 2021 Sustainability Report, this plan outlines strategic goals that will drive our ESG performance, now and in the future.”

The latest IGT Sustainability Report demonstrates the Company’s drive to create value for its stakeholders, increase its corporate citizenship and enhance reporting on its activities through four key sustainability priorities: Valuing and Protecting Our People, Advancing Responsibility, Supporting Our Communities, and Fostering Sustainable Operations.

Highlights of the report include:

  • Valuing and Protecting Our People: IGT values, respects and appreciates the contributions of all employees. The diversity of its workforce and their appreciation for a multicultural work environment contributes to IGT’s understanding of global business needs and builds on IGT’s meaningful relationships with customers and communities.
    • IGT issued its first Human Rights Policy Statement which outlines the Company’s belief that promoting sustainable principles begins with respecting the basic rights to which all human beings are entitled. As a global organization, IGT is responsible for promoting human rights and contributing to meaningful change around the world.
    • Diversity and inclusion objectives were recently introduced for IGT’s senior leadership team, and in 2021, business unit leaders created action plans related to goals relative to diverse representation on their teams.
  • Advancing Responsibility: IGT’s commitment to advancing responsibility includes maintaining the integrity of games by ensuring its products and services are fully compliant with existing laws and the protection of all stakeholders’ rights. The Company’s approach to responsible gaming follows goals and commitments that aim to raise the standards of responsible gaming throughout the industry.
    • In 2021, IGT released its Global Responsible Gaming Policy to transparently inform all relevant stakeholders about IGT’s worldwide programs and solutions. It was also created to meet or exceed requirements and regulations of responsible gaming in all jurisdictions where IGT operates.
    • IGT also reaffirmed its responsible gaming leadership with recertification from the World Lottery Association’s Associate Member Corporate Social Responsibility Standards and Certification Framework.
  • Supporting Our Communities: IGT supports communities where it operates and where its employees live through corporate programs that align with the United Nations’ sustainable development goals (SDGs). Community involvement and employee engagement initiatives embrace a breadth of causes through corporate giving, corporate sponsorships and employee-driven programs.
    • In 2021, IGT’s charitable giving focused primarily on basic needs as the ongoing effects of the COVID-19 pandemic have had lasting impacts in the communities it serves.
  • Fostering Sustainable Operations: IGT’s sustainability practices involve continual improvement of its environmental management systems and reduction of its impact on the environment.
    • In 2021, IGT joined the Science Based Targets initiative, which drives climate action among businesses worldwide. With this commitment, IGT officially pledged to set targets to reduce greenhouse gas emissions, contributing to low-carbon emissions and furthering IGT’s ESG impact.
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Eberhard Dürrschmid CEO at Golden Whale

Golden Whale to broaden horizons with Logrand partnership

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Pioneering data-driven service provider teams up with fast-growing Mexico-focused online casino group to extend its operations into Latin America for the first time

With Golden Whale’s mission to extend its innovative data-driven services to every corner of the globe continuing to pick up pace, the company has announced it has formed a new partnership with Logrand Entertainment Group that will see it enter Mexico in 2025.

Rightfully recognised as one of the fastest growing markets in the Latin American region, over the coming months Golden Whale will work with Logrand’s Strendus.mx online casino brand to implement a number of AI and ML-backed solutions that will enhance the platform’s operations.

Already one of the country’s best-loved online gambling destinations, Strendus.mx was the first Mexican site launched by Logrand and currently offers customers a market-leading selection of over 4,000 slots, table games and live casino options as well as a dedicated sports betting hub.

Active since 2017, Strendus.mx has steadily built up a loyal following among Mexican players thanks to its generous promotions, popular loyalty scheme and engaging gamification mechanics – all of which are major areas where Golden Whale’s solutions can add further value.

In addition to its commitment to innovation and customer engagement, Strendus.mx also maintains a strong focus on corporate social responsibility. This year, the brand has further strengthened its efforts by supporting a variety of charitable initiatives, including programs that promote donations to institutions dedicated to helping children affected by catastrophic illnesses. These activities reflect Strendus’ broader vision of not only delivering top-tier entertainment but also contributing positively to the communities in which it operates.

Given the wealth of player data the site has accumulated since its launch, there will be plenty of information that can be run through Golden Whale’s advanced AI and ML modules to optimise Strendus.mx’s operations, and both companies are excited about the opportunities ahead.

Eberhard Dürrschmid, CEO at Golden Whale, said: “Many iGaming companies have already woken up to the benefits that Golden Whale’s powerful AI and ML-backed technology can bring, so the next step for us is making sure our solutions are available in as many markets as possible. This new partnership with Logrand will enable us to breach new frontiers in Latin America via the Strendus.mx casino brand and I’m looking forward to seeing the impact we can make there.”

Eduardo Pelaez, COO Online at Logrand Entertainment Group, said: “Launched in 2017, Strendus.mx is already one of Mexico’s flagship online casino brands – but we want to push this legacy further. By partnering with Golden Whale, we’ll be able to harness the power of AI and ML to deliver an even more personalised experience to Strendus.mx’s customers, helping us cement our position as both a genuine innovator and a true market leader in the LatAm region.”

The post Golden Whale to broaden horizons with Logrand partnership appeared first on Gaming and Gambling Industry in the Americas.

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IGSA President Mark Pace

IGSA Welcomes Newly Appointed Board Members

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The International Gaming Standards Association (IGSA) has welcomed two new members to its Board of Directors.

“IGSA welcomes Donovan Meyer, Light & Wonder, and Charmaine Hogan, Playtech, to the IGSA Board of Directors. These two new members will be joining a very well rounded and seasoned group, and I am pleased that the Board has appointed these individuals, both of whom are from Director-level member companies,” said IGSA President Mark Pace.

“I would be remiss if I did not mention that Charmaine Hogan is replacing Martin Pedak, who not only was Playtech’s representative within IGSA for a long time but also served as Vice-chair of the Board of Directors. His contributions to IGSA were numerous and we wish him well in his new endeavors,” Pace added.

IGSA Chairman of the Board Nimish Purohit said: “I join Mark and my fellow Board members in welcoming our two newest individuals to the Board, as IGSA continues its growth and outreach to the industry. I also want to thank Martin Pedak for his contributions to IGSA and wish him the very best.”

The post IGSA Welcomes Newly Appointed Board Members appeared first on Gaming and Gambling Industry in the Americas.

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AGCO

AGCO: Casino Days Penalized $54,000 for Deceptive and High-Risk Bonus Offer

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The Alcohol and Gaming Commission of Ontario (AGCO) has issued a $54,000 monetary penalty alleging Well Played Media, Unipessoal LDA promoted a deceptive bonus on its Casino Days website. The bonus offer is alleged to have encouraged high-risk behavior and failed to properly disclose key terms.

The AGCO launched an investigation triggered by a player who complained that more than $8500 in winnings had been confiscated by Casino Days. The investigation reviewed a so-called “welcome bonus” that promised new players up to $2000.

However, to qualify for the full bonus amount, players had to:

Deposit $2000 of their own money;

Wager $70,000 (35 times the deposit);

Keep each wager at or under $5; and

Complete all wagering requirements within 7 days.

Investigators also found that certain terms of the bonus offer were difficult to find, buried behind multiple links on the site.

AGCO’s analysis showed that the average player would first lose $3640 trying to earn the $2000 bonus.

According to Ontario’s igaming rules, registered operators must not offer bonus promotions that encourage harmful gambling behavior and fail to disclose key conditions appropriately. Further, operators are not permitted to entice players with bonuses that cannot reasonably be attained without significant gambling losses.

These rules are in place to protect players and support a safe, regulated market—one that stands in contrast to the risks of unregulated gambling sites.

An igaming operator served with an Order of Monetary Penalty by the AGCO Registrar has the right to appeal the Registrar’s decision to the Licence Appeal Tribunal (LAT), an adjudicative tribunal that is part of Tribunals Ontario and independent of the AGCO.

“Player protection is a non-negotiable priority for the AGCO. We expect operators to be truthful and transparent about their promotions, and we also require them to ensure that those promotions do not encourage reckless or harmful patterns of play. An offer that requires a player to sustain substantial losses for a perceived benefit is not a fair offer. This penalty sends a clear signal that we will not hesitate to take action against operators who fail to meet their obligations to protect Ontario players,” Dr. Karin Schnarr, Chief Executive Officer and Registrar of AGCO.

The post AGCO: Casino Days Penalized $54,000 for Deceptive and High-Risk Bonus Offer appeared first on Gaming and Gambling Industry in the Americas.

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