“First-of-its-kind” lottery presentation comes to Miami

“First-of-its-kind” lottery presentation comes to Miami

Wednesday, May 30, 2018 Posted by Joseph Streeter
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The presentation will take place this Thursday from the Baltimore Hotel

At the annual GiGse conference in Miami this week, EquiLottery CEO Brad Cummings will, for the first time in a public or private forum, provide his full vision for lottery games of chance based on live sporting events.

With all eyes on US sports betting the assembled audience of top gaming professionals in North America and beyond will be privy to a “first-of-its-kind presentation” on Thursday, May 31 at 3:30 PM from the Biltmore Hotel.

Cummings commented on the upcoming presentation, outlining: "EquiLottery is best known in the lottery and gaming industries through our development of Win Place Show, a game of chance based on live horse racing.

“But the recent Supreme Court ruling striking down PASPA has allowed us to publicly expand our vision and offer new games to lotteries that will provide more money to the good causes they support. Similar to our racetrack friends and partners, we see this ruling as an opportunity to build on the platform we have already established for Win Place Show.”

He added: “We look forward to transferring this vision to lottery games of chance based on all live sports, including football, basketball, baseball, hockey, soccer, auto racing and golf."

Cummings’ presentation will outline a vision for this new category and discuss in detail two conceptual games, the first a parlay style game based on live football and the second a higher stakes game based on a live auto race. Complete details, including the patented play style, suggested payouts and odds structure, will be presented to conference attendees.

The games will range from smaller daily game options to larger jackpot games designed for multi-state play. All games will allow for the leagues involved to get a piece of the action through a licensing fee as a percentage of sales.

Clarion Gaming’s Head of Industry Insight and Engagement, Ewa Bakun added: "We're thrilled that EquiLottery has chosen GiGse as the platform for this first-of-its-kind presentation, which organizes GiGse as well as ICE London.

"This kind of forward thinking is what has made Mr. Cummings an important voice in the lottery industry specifically and the gaming industry at large. This is the type of content that makes GiGse a highlight of the conference calendar each year."

Totally Gaming says: If formed correctly, lottery games based on live sporting events can take advantage of the clear room for growth that is there to be filled in the lottery and sports betting sector. Thursday’s presentation will provide an interesting opportunity to view one of the product portfolios that is being touted as one with much growth potential.

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