Category Archives: Slots Au

Chinese Lottery Gets You A new Car Maybe

In a bid to lessen air pollution and smog surrounding the heavily polluted Chinese city of Shijiazhuang (try saying that three times fast), a new type of lottery is being introduced. But winning this lottery doesn’t produce monetary independence plus an extravagant lifestyle; rather it entitles you to obtain a vehicle that is new.

She’s Got a Ticket to Ride

Licenses to have a car in the town and letting you drive will be issued with a lottery, because the local officials have had to take outlandish measures to lessen the smog and carbon footprint associated with city.

Shijiazhuang, the capital associated with steel-producing Hebei province which surrounds Beijing, has now get to be the locality that is latest from the biggest auto market on earth to introduce such a measure. Other Chinese urban centers which have imposed a limitation on vehicle acquisitions include Beijing, Guangzhou, Shanghai and Guiyang.

The amount of new automobiles in Shijiazhuang is on a 100,000 for the 12 months, and households within the town will be limited to owning ‘just’ two cars each, according to the government website that is local.

The authorities go on to state that the true range brand new vehicles allowed are further reduced to 90,000 in 2015, and those able to buy vehicles will be determined using a lottery structure.

Efforts to Lower Emissions

This move comes included in China’s vow to improve their efforts to lower emissions after public outrage w (more…)

Scientific Games Corp. Buying WMS to Create Major Lottery, Slot Brand

In the event that you bet that the $1.5 billion acquisition of slot machine manufacturer WMS Industries by Scientific Games Corporation would increase New York-based Scientific’s street cred on Wall Street, please step ahead: ding ding ding, we’ve a success! The buyout is anticipated to bring both WMS and Scientific Games in the community of $100 million in complementary cost-savings between the 2 companies that are merged and that is making investors’ ears perk up.

Lottery Satisfies Slots

Scientific is on the lookout for the slot machine maker for awhile now; the company provides lottery systems while the equipment to operate the same to many US states, Canadian provinces as well as some foreign countries. Don’t rely on Nevada being one of those though; not gonna happen.

For WMS stockholders, life is good; Scientific Games shelled out $26 per WMS share, that was roughly 59 percent over just what the slot manufacturer closed at back on Jan. 31 of this year.

‘We carry on to develop more confident with the pending WMS acquisition from both a fundamental and more importantly business stability perspective,’ said Stifel Nicolaus Capital Markets gaming analyst Steven Wieczynski about the merger at a recent investor conference.

Gaming Platforms Will Benefit Lottery Customers

And even though Nevada may not be getting a state lottery anytime quickly, Scientific can still make good use of WMS’ social- and interacti (more…)