The LNB received an award during the World Lottery Summit 2024 in Paris.
El Salvador.- The National Lottery of Beneficence of El Salvador (LNB) was honored with a recognition for its leadership in responsible gaming practices during the World Lottery Summit 2024. The event was organized by the World Lottery Association (WLA) and took place from October 21 to 24 in Paris.
During a ceremony held at the Summit, the president of the LNB, Javier Milián, received the distinction. The institution highlighted: "This award reflects the efforts that the entire LNB family makes, achieving a solid and reliable institution that responds to the commercial, technological, and social challenges typical of state lotteries."
In 2023, the institution launched the "Responsible Gaming" campaign based on the seven principles of responsible gaming established by the WLA. The initiative prioritizes the well-being of players and their families, promoting healthy entertainment and minimizing the risks associated with gambling addiction.
See also: The LNB of El Salvador signed a cooperation agreement with the Instituto Crecer Juntos
"The recognition from the WLA is an honor that motivates us to continue improving and providing ethical and safe entertainment, as well as continuing to bring benefits to thousands of Salvadorans. We maintain the commitment to always act with transparency, ethics, and best practices, demonstrating that El Salvador is also a benchmark in the global state lottery industry," the LNB conveyed.
This year, the National Lottery of Beneficence of El Salvador became the official sponsor of the Clausura Tournament 2024 of the Copa Tigo Sports. In a press conference, Yamil Bukele, Ad Honorem president of the National Institute of Sports (INDES) and the Salvadoran Basketball Federation (FESABAL), presented the details of the tournament.
The Ibero-American Corporation of State Lotteries and Betting (Cibelae) invited participation in the webinar on the “Certification Process of the WLA Responsible Gaming Framework”, which will take place on Thursday, November 14.
This event, organized in collaboration with the WLA and DigitalRG, aims to delve into the certification process of the WLA Responsible Gaming Framework.
TRLEI’s gross gaming revenue was down 3.7 per cent year-on-year.
The Philippines.- Universal Entertainment Corp has shared financial results from Tiger Resort, Leisure and Entertainment (TRLEI) for Q4, 2024. The casino operator reported that gross gaming revenue (GGR) was down 3.7 per cent compared to the same period in 2023, from PHP9.32bn (US$166.8m) to PHP8.98bn (US$153.1m). GGR from October, November, and December 2024, was, however, 9.1 per cent higher compared to the PHP8.23bn generated in the prior quarter (July- September, 2024).
Q4 report shows GGR from the VIP table games segment fell by 9.4 per cent year-on-year to PHP3.15bn (US$53.6m), though revenue from mass table games showed a slight improvement year-on-year, reaching PHP2.56bn (US$43.6m). Meanwhile, gaming machine revenue dropped to PHP3.27bn (US$55.7m) year-on-year.
Adjusted segment EBITDA saw a 10.2 per cent decrease compared to the same period in 2023 but more than doubled from the previous quarter to PHP2.10bn (US$35.7m).
Universal Entertainment unit Tiger Resort, Leisure and Entertainment Inc (TRLEI) operates Okada Manila, which reported revenue of PHP34.8bn (US$592m) for 2024, down 21.8 per cent year-on-year. TRLEI said there were more than 1.71 million visitors to Okada Manila in Q4 compared with just over 1.60 million a year earlier.
