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Twin River Creates Partnership With Camelot Lottery Solutions To Offer Competing Lottery Proposal And Requests Opportunity To Bid

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Twin River Creates Partnership With Camelot Lottery Solutions To Offer Competing Lottery Proposal And Requests Opportunity To BidReading Time: 4 minutes

 

Twin River Management Group (TRMG), in partnership with Camelot Lottery Solutions (Camelot), an international lottery company, has submitted to the offices of the Governor, Speaker of the House and Senate President a competing proposal to operate the State’s lottery system that, among other things, provides 1,100 jobs backed by a $100 million guarantee, saves the State and its taxpayers approximately $500 million in fees, invests $75 million in development and improvements including a new 50,000 square foot corporate headquarters in the state, and would limit the control of the casino slot floor to the current state law of 50 percent.

The proposal was developed to provide for a public, open bid process, one in where the State solicits proposals from interested vendors in order to secure the best deal, rather than simply renewing the existing billion dollar contract with IGT for a period of 20 years. Twin River and Camelot requested that the State comply with purchasing laws and proceed with a competitive bid process.

According to Marc Crisafulli, Executive Vice President of Twin River Worldwide Holdings, Inc. and President of Twin River Rhode Island, the binding partnership was formed to jointly respond to any RFP in Rhode Island that combines lottery systems (Camelot) and VLTs (Twin River). The highlights of the joint proposal include:

-A commitment to provide 1,100 jobs over the life of the contract, which is guaranteed by $100 million to the State if provisions of the bid are not met;

-A contract term of 12 years versus the 20 years proposed by IGT which will allow the State to assess its market/technology needs and rebid the contract earlier;

– A total cost to the State of less than $500 million which is approximately half of what is proposed by the $1 billion IGT no-bid deal;

-50% share of VLTs at the two Rhode Island casinos to stimulate increased competition among suppliers and preserve and/or enhance current State revenue of approximately $300 million annually. This is in accordance with existing state law – in stark contrast to the 85% sought by IGT in its proposed deal which requires a change to existing law;

-As part of the commitment to invest $150 million, $75 million is committed to economic development including $50 million at Twin River and the development of a 50,000 square foot new corporate headquarters in Rhode Island. Targeted communities include Providence, Pawtucket, Cranston, Warwick and Lincoln.

“We believed all along that Rhode Island would secure a much better deal through a competitive bid process and today’s bid submittal demonstrates exactly that,” said Mr. Crisafulli.

He continued, “As is evident, we have significantly improved upon the no-bid deal under consideration for IGT in many areas, notably in the shorter term, the lower fees to the State, meaningful investments in real estate development and a $100 million guarantee to secure 1,100 new jobs, all while matching every other element of the proposed IGT deal.”

Crisafulli concluded, “We’re grateful the General Assembly will now take up this issue and can best decide for themselves, on behalf of their constituents, which is the better course for the State. Importantly, they can do so knowing that the 1,100 jobs thought to be in jeopardy if the IGT contract was not automatically renewed absolutely will be guaranteed.”

In Rhode Island this week, Wayne Pickup, CEO of Camelot Lottery Solutions said, “We’re excited about the possibility of teaming up with Twin River to compete for the State’s lottery business and strongly believe, if given the opportunity to do so, we will help the State secure a much better deal. We see a lot of opportunity to create more value for the State and its residents, and look forward to replicating the success we have delivered for our customers across the globe.”

Both TRMG and Camelot are experienced operators in the casino and lottery gaming industries respectively. Camelot has decades of lottery experience and has delivered outstanding results on contracts in Illinois, Arkansas, UK, Ireland and Switzerland.

Earlier this year, Camelot successfully delivered the largest retail and technology transformation (from IGT) in US lottery history for the Illinois Lottery, rolling out 50,000 pieces of equipment across more than 7,200 retailers and seamlessly converting the lottery gaming system.

Other recent achievements include:

  • Record returns of $731 million for Illinois Public Schools, following Camelot’s first full year of operations in Illinois
  • Record sales and returns for the Arkansas Scholarship Lottery in its most recent financial year, with 35% growth in net income since 2014, in partnership with Camelot
  • Sales growth of over 20% for the Irish National Lottery since 2014, in partnership with Camelot.

TRMG is one of the lowest levered casino owner/operators in the United States. Its parent company, Twin River Worldwide Holdings, Inc., or TRWH, owns and manages four casinos; two casinos in Rhode Island, one in Mississippi, and one in Delaware, as well as a Colorado horse race track that has 13 authorized OTB licenses. Properties include Twin River Casino Hotel (Lincoln, RI), Tiverton Casino Hotel (Tiverton, RI), Hard Rock Hotel & Casino (Biloxi, MS), Dover Downs Hotel & Casino (Dover, DE) and Arapahoe Park racetrack (Aurora, CO). Its casinos range in size from 1,000 slots and 32 table games facilities to properties with over 4,100 slots, approximately 125 table games, and 48 stadium gaming positions, along with hotel and resort amenities. Its shares are traded on the New York Stock Exchange under the ticker symbol “TRWH.”

 

Source: Twin River Worldwide Holdings, Inc.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Twin River Creates Partnership With Camelot Lottery Solutions To Offer Competing Lottery Proposal And Requests Opportunity To Bid

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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PandaScore and FeedConstruct unite

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PandaScore’s offer, including esports Odds, Data and Betting Product now available via leading data and streaming provider – FeedConstruct

PandaScore, the award-winning provider of esports Odds, Data and Betting Products, has signed a major distribution deal with FeedConstruct, the sports data and streaming provider for top-tier sportsbooks.

PandaScore’s extensive Odds feed is now available to operators via FeedConstruct’s innovative Odds Aggregation platform, giving any company integrated to it, access to more than 300 unique markets and highly competitive odds across the most in-demand esports disciplines including CS2, Dota 2 and LoL.

The PandaScore Odds feed uses the best and most optimised data sources to power its sophisticated models which are backed by teams of specialist traders for each discipline. This combination is what allows for an incredibly strong operator margin of 6%, which makes it an interesting addition to the Odds Aggregation hub.

The Odds Aggregator offers operators worldwide the opportunity to access multiple data feeds through a single integration, simplifying the process and expanding coverage.

The integration provides unparalleled value by delivering real-time, accurate data through a unified feed. With customizable configurations at sport and competition levels, users can tailor the data to align with their preferences and operational needs. The platform also simplifies operations by managing content mapping internally, ensuring stable and reliable data delivery. By reducing the complexity of handling multiple data sources, operators save time and gain a competitive edge through a sophisticated, optimized solution designed to enhance their betting offerings.

PandaScore is an essential partner for operators and platform providers looking to tap into the significant demand for esports betting. This has seen PandaScore surpass €1.5 billion in processed bets to date.

Oliver NinerHead of B2B at PandaScore, said: “Esports betting has become a significant market in its own right and more and more operators now want to offer it to players as they look to reach new audiences.

“But esports bettors are discerning and expect a great selection of markets across all the major disciplines as well as good odds and products that allow them to bet the way they want to.

“We are delighted to be able to offer this to more operators than ever before via this agreement with FeedConstruct, a company that also understands the power and potential of esports betting.”

Arsen Baghdasaryan, Head of Business Development at FeedConstruct, added: “I’m happy to welcome PandaScore to our Odds Aggregation Platform. It serves as a powerful hub for companies looking to expand the reach of their content globally. At the same time, operators can seamlessly integrate multiple feeds through a single integration, eliminating the hassle of content mapping. We take care of the complexities, allowing our partners to focus on what matters most – delivering an exceptional experience to their audience”.

FeedConstruct continues to innovate in the sports data and streaming industry, providing seamless solutions for operators and providers alike. With its cutting-edge Odds Aggregation platform and commitment to simplifying data integration, FeedConstruct is a trusted partner for global businesses looking to expand their offerings and deliver top-tier experiences to users.

The post PandaScore and FeedConstruct unite appeared first on European Gaming Industry News.

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The 8th AskGamblers Awards Kick Off With Nominations

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The 8th annual AskGamblers Awards have officially started. All AskGamblers players can now nominate their favourite casinos, new casinos, sportsbooks and online slots to help them reach the next phase and eventually win one of the prestigious awards.

On 10 February 2025, the nomination phase for the 8th AskGamblers Awards officially commenced. All players registered on AskGamblers can nominate their favourite operators and slots in four categories: Best CasinoBest New CasinoBest New Slot and Best Sportsbook.

The nominations will last until 28 April 2025 when the voting stage begins. Players will continue to vote for operators and games that made the cut. In addition to the four categories, the players will also have a chance to vote for the Best Provider, while the casino with the most player votes will receive the Players’ Choice Award.

This year, our Forum members will have a vote in specific categories, helping AskGamblers experts and players determine the best of the best.

As for the awards assigned by our AskGamblers team solely, they include: Best Crypto CasinoBest Partner and Best Manager. For this year’s event, we’ve introduced the Superstar Award – a crown achievement handed out to one operator that best represents the values of our brand.

Traditionally, the AskGamblers Awards end with two live events. One is the annual Charity Night and the other is a gala ceremony where the winners will be announced in a live show.

Dijana Radunović, General Manager at AskGamblers, said this about the 8th AskGamblers Awards: “This year’s AskGamblers Awards brings exciting changes and new categories, and we’ll hand out 10 different awards! Also, we’re thrilled about including our Forum members in the voting stage as we truly value the community they’ve helped us build.”

“Nominations are always unpredictable, especially with new operators making the shortlist each year. We can’t wait to see who will take home the awards this year! Regardless of the outcome, we’re incredibly proud of organising the AskGamblers Awards, the Charity Night and the live ceremony. We want to invite you to nominate your favourites and be a part of one of the biggest events in the iGaming industry,” added Radunović.

The gala event is scheduled for 12 June 2025 in Belgrade, Serbia.

The post The 8th AskGamblers Awards Kick Off With Nominations appeared first on European Gaming Industry News.

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SOFTSWISS Shares Top 5 Retention Trends

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Player retention remains an essential priority for operators aiming to maintain a competitive edge in the evolving iGaming industry. With over 15 years of expertise, leading tech provider SOFTSWISS reveals how a strategic blend of responsible gambling practices and advanced analytics helps to retain players.

The award-winning SOFTSWISS Managed Services has years of experience supporting over 180 brands with First Line and VIP Player Support, Anti-Fraud Support, Player Retention and Reactivation, and Content Management Services. Apart from the buzzword “gamification”, SOFTSWISS experts share the top five valuable trends in player retention that help keep players engaged.

Real-Time Analytics & AI-Driven Personalisation 

Operators leverage AI, machine learning, and real-time data analytics to enhance player engagement and retention. By analysing player behaviour, AI enables the creation of personalised offers and promotions, enriching the gaming experience and fostering loyalty.

Additionally, real-time analytics allows operators to continuously monitor player activity, facilitating immediate responses to player needs. This proactive approach helps identify at-risk players early and deploy targeted interventions to prevent churn, ensuring a more dynamic and engaging gaming environment.

Loyalty Programs with VIP Focus

A well-designed loyalty program fosters long-term player retention by offering exclusive perks and incentives that make high-value players feel appreciated. Recognising player loyalty allows operators to reduce churn and encourages continued engagement with their projects.

Operators build strong VIP relationships by enhancing player satisfaction. Exclusive experiences, dedicated support, and premium content keep players engaged. A long-term strategy with tailored retention efforts maximises their lifetime value, creating a more immersive experience.

Umberto Facciolla, Head of CRM at SOFTSWISS Managed Services, comments: “Standing out in a competitive market means creating a VIP program that exudes exclusivity and prestige. Providing exceptional benefits and unique experiences gives players a compelling reason to choose and remain loyal to your platform rather than seeking alternatives”.

Safer Gambling

Operators demonstrate a strong commitment to player well-being, fostering trust and loyalty by providing tools that allow players to set limits on deposits, wagers, and session duration. Features such as self-exclusion options and resources for responsible gambling further contribute to creating a safe gaming environment. 

This approach not only safeguards players but also strengthens their relationship with the platform. Such a win-win strategy leads to increased engagement and long-term retention.

Seamless Payment Solutions

Providing various secure and convenient payment options enhances the overall player experience, contributing to higher retention rates. Integrating digital wallets and cryptocurrencies, along with streamlined deposit and withdrawal processes, reduces friction and encourages players to remain loyal to the platform.

Community Building and Social Features

Fostering a sense of community through social features, such as in-game chat rooms and forums, enhances player engagement. Building player communities encourages interaction and loyalty as players feel more connected to the platform and each other.

Umberto Facciolla, Head of CRM at SOFTSWISS Managed Services, summarises: “By embracing these trends, operators can develop effective retention strategies that not only keep players engaged but also foster long-term loyalty, ensuring sustained success in a competitive market. A trusted iGaming partner, providing all types of customer support, will definitely make this journey easier.”

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 27,800 casino games, the Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

The post SOFTSWISS Shares Top 5 Retention Trends appeared first on European Gaming Industry News.

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