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Local MP, Caroline Dinenage, has welcomed the Environment Secretary's action to reduce plastic waste choking our oceans. Microbeads are tiny pieces of plastic that are easily swallowed by marine life — in cosmetics and personal care products such as toothpastes and shower gels.
Around eight million tonnes of plastic makes its way into oceans each year, posing a serious threat to our natural and marine environment — experts estimate plastic is ingested by 31 species of marine mammals and over species of sea birds. Many constituents have contacted me about plastic pollutants in the ocean so I am pleased that the Government are taking robust action to reduce plastic waste.
This means the Government is now spending more on counter terrorism policing than ever before. Over the past seven years crime has fallen by more than a third across the country, but we know there is more to do. That's why we are putting in this additional investment to help Hampshire Constabulary keep people safe in our community.
Local MP, Caroline Dinenage, has pledged her support for a national campaign to get more young people into engineering, joining government and industry in a united effort to tackle a major skills gap. The Year of Engineering, which launches in January, will see government work with hundreds of industry partners to raise the profile of engineering among young people aged , their parents and their teachers.
This will include offering at least a million direct experiences of engineering to young people from all backgrounds — from behind the scenes tours and family days out, to school visits and the chance to meet engineering role models. MPs made pledges to support the campaign at an event in Parliament in December. The event was jointly hosted by government and the Institution for Engineering and Technology IET , marking the publication of its annual Skills Survey report — which looks at the skills challenges faced by engineering and technology employers in the UK.
Pledges of support from Caroline and other MPs will play an important role in helping to tackle this skills challenge. The commitment comes as the UK faces an estimated shortfall of 20, engineering graduates a year, with half of companies in the sector saying the shortage is having a significant impact on productivity and growth. Teaming up with partners from many different sectors, the Government will deliver a year of UK-wide school visits, exhibitions and open doors events — all aimed at encouraging young people and their parents to take a closer look at engineering.
At a national and local level, there is a huge amount of incredible activity already happening across the industry to encourage young people into the sector. Locally we have had some fantastic success with the new CEMAST which has trained s of engineers and works alongside local businesses.
The Year of Engineering will unify and amplify these efforts, bringing government and industry together to give young people a million direct and inspiring experiences of engineering throughout To find out more, visit https: New figures released from the Energy Switch Guarantee ESG reveal that 6, households in Gosport have switched electricity supplier and potentially saved hundreds of pounds during the last year.
The Energy Switch Guarantee is a commitment by energy suppliers - from the largest to some of the newest in the market - to make switching simple, speedy and safe and will soon cover 90 percent of the market. Switch was on hand to demonstrate how simple it can be to switch energy supplier and save hundreds of pounds a year. Customers can save hundreds of pounds -especially if they have been with the same supplier for years.
If you haven't switched before you might think it is a bit daunting but as I found out, it's simple. And with the Energy Switch Guarantee in place customers can be reassured that switching will be simple, speedy and safe so make sure your supplier has signed up. Either get in touch with your supplier or look online to make sure you are on the best deal for you. There are huge savings to be made and the Energy Switch Guarantee provides customers with extra reassurance that the process will be simple, speedy and safe.
The figures show that Leeds Northwest contains the country's most prolific switchers with 23 percent 8, of all households having switched provider during this time, whereas at the other end of the table, only five percent of all households 1, in Orkney and Shetland have changed suppliers.
For more information about the Energy Switch Guarantee please visit www. Unfortunately Christmas poses many opportunities for criminals. Gosport Police have sent out an Alert which identifies some of the typical crimes experienced over the Christmas season, as well as crime prevention advice and ideas for interventions for you all.
If this is not possible keep cash to a minimum. If you must make sure they are not on display, store in the boot and make sure the car is locked. Make sure windows and doors are locked every time you leave the house. Avoid leaving tools and ladders lying around that could assist someone get into your home.
Draw the curtains and leave a light on. You could always put a lamp or radio on a timer switch. If you have an alarm ensure it is activated. Signs of occupation help deter intruders. Local MP, Caroline Dinenage, joined Cats Protection at a reception in Parliament to celebrate the charity's work speaking up for cats and to hear more out how their recent campaigns are progressing.
Cats Protection is the UK's leading cat charity, helping around , cats every year through a network of over voluntary-run branches and 34 centres. Gosport's very own Cats Protection branch is celebrating its 35th anniversary this year! Locally Cats Protection do so much - from helping reunite pets with their owners to offer neutering and microchipping at low cost. We have also received over 75, signatures for our air guns petition and are delighted the Government has announced it will be reviewing air gun licensing.
Sadly, air guns are frequently used to deliberately inflict harm and suffering on cats. It's heartening that so many politicians came along to our reception to support Cats Protection. To find out more about Cats Protection's advocacy work, please visit www.
To read their Agenda visit https: To view their air guns petition visit www. The Environment Secretary has set out plans to strengthen animal welfare laws and enshrine animal sentience in domestic UK law. This new draft bill will recognise and enshrine animal sentience in domestic UK law; Increase the maximum prison sentence for animal cruelty tenfold, and ensure that courts retain the ability to hand out unlimited fines and ban offenders from owning animals in future.
This announcement is part of a wider set of reforms which aim to cement the UK's position as a global leader on animal welfare. As we leave the EU, we are committed to delivering a Green Brexit, not only maintaining but enhancing animal welfare standards. We recognise that animals are sentient beings who feel pain and suffering, so we are enshrining that principle into UK law and ensuring we do everything we can to protect their welfare. We are a nation of animal lovers, so we will make Brexit work not just for people in all parts of our United Kingdom, but for the animals we love and cherish too.
Mission Christmas collects new and unwrapped gifts suitable for children and young people aged years so that every local child can receive a present on Christmas Day! They have received lots of donations so far but are in need of more gifts in the final week, specifically for under 3's and teenagers. The last day to donate is Sunday 17 December. Caroline also met a number of volunteers from local businesses, such as Specsavers, who generously let their staff have time off to help this great cause.
They have received thousands of donations from generous people but are having a final push to ensure that every child receives at least one present on Christmas Day. For more information about Wave Mission Christmas please visit https: This week the Government reached agreement with the European Commission on three important issues in the first phase of the negotiations before the UK's departure from the European Union: This Brexit deal - delivers no hard border in Northern Ireland and secures a good financial deal for British taxpayers, meaning more money for our priorities like housing, schools and the NHS.
On the basis of this report, the Commission has recommended that the European Council agree that we move to the second phase of the negotiations - our future partnership, including trade and security and an implementation period, to ensure a smooth and orderly Brexit.
Donald Tusk, the President of the EU Council, has recommended that the December Council allows the next stage of negotiations to proceed and that there should be quick progress on agreeing an implementation period. A copy of this report can be found here. Local MP, Caroline Dinenage, welcomed the news that pupils in England are outperforming peers across the world in reading and literacy, according to an international study published today.
The results — which are based on a study of the reading comprehension and enjoyment of a cohort of , nine-year-olds around the world - mean England's nine-year-olds are significantly better readers than their American, Canadian and Australian counterparts. The study was first introduced in , and this year's results are the country's best to date and a dramatic improvement on the results, when England was ranked 19th out of 45 countries.
The study also reveals that, while all pupils are making improvements, it is low-performing pupils who have made the greatest progress. The improved PIRLS results reflect the raising of standards in schools more generally across the country.
The attainment gap between disadvantaged pupils and their more affluent peers has also closed by 9. I am delighted that we are among the top 10 countries in the world, and one of the best performing countries in Europe, in reading and literacy. It's a great testament to the dedication and commitment of our teaching professionals. Thanks to the hard work of teachers across the country, , more six year olds are reading better than ever before — this is fundamental to our ambition of helping every child fulfil their potential.
Our rise through the global rankings is even more commendable because it has been driven by an increase in the number of low-performing pupils reading well. This demonstrates our determination to ensure this is a country that works for everyone, regardless of background. Katelyn Armitage, aged 9 from Woodcot Primary School was crowned overall winner with her stunning Westminster at Christmas design. The decision every year is so difficult due to the amount of brilliant designs I received.
With the talent that the entrants are already showing at such young ages I am sure that there are great things in store for these budding artists and I look forward to receiving their entries next year! All of the entries will be on display in the Children's Section of the Discovery Centre until 18 December You can also see the 8 shortlisted designs here.
Among the highlights of Caroline's day was an invitation to open the brand new afro-Caribbean supermarket, Soul Foods, in The Precinct, Gosport. This new shop is the brainchild of Bukola George from Stubbington, who was inspired to start the business because she couldn't source the ingredients locally for her own cooking.
Small Business Saturday is an initiative encouraging everyone in the UK to shop small, both on the day and beyond. The initiative is led by American Express in collaboration with British businesses, organisations and local authorities, and supported by the Government. Last year over , tweets were sent on the day reaching million people, trending on Twitter in the UK and globally.
The event is part of a wider national campaign to raise the profile of small businesses and ensure that the Government is doing all it can to help them flourish. That's why I am proud to back 'Small Business Saturday' and encourage people to shop at small independent retailers, on Small Business Saturday and beyond! I bought some fantastic Christmas presents in some of the wonderful independent retailers across the Gosport Constituency. By shopping small and supporting small business you are also supporting our local community and economy!
Having run a small business for over 20 years, promoting the value of small businesses has always been a key priority for Caroline. For more information please visit www. The CQC are reviewing radiology reporting across the NHS nationally and, as a result of their findings, have told Portsmouth Hospitals NHS Trust that it must take immediate action to ensure that patients' x-rays are reviewed by appropriately-trained clinicians.
Inspectors found a backlog of 23, chest X-rays from the preceding 12 months which had not been formally reviewed by radiologists, or other appropriately trained staff, meaning that, in 3 cases patients with lung cancer hadn't been assessed. In my conversation with John Knighton, Medical Director of the Trust, yesterday evening, he assured me that, since September, robust processes have been put in place to ensure that all images are now fully reported on and risk assessed.
He also said that the Trust have started addressing the backlog of images that were not adequately considered. They will contact any patients who are adversely affected. In the meantime, the Trust has set up a free phone helpline for anyone with concerned that they may have been affected - A full report of the inspection is available at http: Local MP Caroline Dinenage will be supporting 'Small Business Saturday' this weekend as she urges shoppers to support local independent retailers.
This Saturday, Caroline will be touring a number of local small businesses, as well as officially opening Gosport's newest independent trader, Soul Foods, in The Precinct, Gosport. That's why I am proud to be backing 'Small Business Saturday' and encouraging people to shop at small independent retailers, this Saturday and beyond!
I'll be doing some of my own Christmas shopping in some of the fantastic independent retailers in Gosport, Lee-on-the-Solent, Hill Head and Stubbington. This investment shows that our fight to stop the closure might be gaining traction! It's absolutely right that this is paid for by those bankers who attempted the rig the system and helped create the financial crisis. Our brave servicemen sacrifice so much for our country: Caroline Dinenage MP has welcomed a Budget that invests for the long-term while supporting families and businesses under pressure now.
The Chancellor has prioritised building a New Economy, supporting families in their everyday lives, building homes for young people and those in need, and getting Britain ready for Brexit.
By investing in key public services while demonstrating fiscal responsibility the Budget lays the foundations for a Britain fit for the future.
Key announcements include increasing the National Living Wage above inflation, cutting income tax by raising the personal allowance, and freezing fuel duty for the 8th year in a row. From April , the National Living Wage will rise by 4. The Government will also provide additional funding for agreed nurses pay rises, ensuring that patient services are protected. Measures announced demonstrate the Government's commitments to putting the UK at the cutting edge of science and innovation.
To ensure people have the necessary skills to thrive in the new economy, the Chancellor announced an historic partnership between Government, the CBI and the TUC to set the strategic direction for a National Retraining Scheme, giving people the skills they need throughout life to get a well-paid job.
Forecasts released by the Office for Budget Responsibility are encouraging. The economy is expected to grow by 1. We are on the right track, and have every reason to be optimistic going forward. It has been widely reported that MPs voted against recognising animals as sentient beings, which is not the case. The sentience of animals is self-evident. Rather, MPs voted against a specific amendment to the EU Withdrawal bill which was considered totally insufficient for animal protection.
As such, the Government will deliver a better result using a different route. The UK has some of the highest standards of animal welfare in the world — higher than any other country in Europe — and the Government has delivered a series of animal welfare reforms in recent months, demonstrating its commitment to sustaining and enhancing animal welfare protections outside of the EU.
These include legislating to make CCTV coverage in slaughterhouses mandatory, and increasing the legal penalties for animal cruelty. In Prime Minister's Questions today , Theresa May restated her commitment to building in tighter animal welfare protections as we leave the EU. It is important to recognise that in respect of animal welfare, EU law is no panacea. It is possible to keep farm animals in unspeakably cruel conditions without breaking EU law, which has not stopped Spanish bull fighting, Dutch veal farms, or French fois gras.
As a number of Conservative MPs have emphasised, EU should not be the Government's benchmark; rather, it must aspire to do better. Other Lisbon Treaty signatories such as France, Italy and Spain do not enjoy this rating, having each received grade C. Article 13 of the TFEU created a qualified obligation on the EU and Member States "to have full regard to the welfare of animals [as they are sentient beings]" when formulating and implementing EU law.
The Government has said that it will consider how the 'animal sentience' principle of Article 13 might be explicitly reflected in the UK once it leaves the EU. Local MP, Caroline Dinenage, hosted Gosport's second enterprise fair, a free event for the local community who either own their business or are interested in setting one up. Finishing the event, a networking session ensued where guests had the opportunity to circulate with 18 exhibitor organisations including the Hampshire Chamber of Commerce, the Federation of Small Businesses, the Job Centre and Basepoint Gosport, to name but a few.
The fantastic turn-out of over guests proves that Gosport has a big appetite for events like this, which showcased the funding support and advice on offer for entrepreneurs and business owners in the local area. I would like to thank all of the guests and delegates that made this event a success, including the Solent LEP, Gosport Borough Council and our wonderful speakers.
Caroline recently visited the Gosport and Fareham Basics Bank to meet thank local volunteers for their work. Where each day of Advent you add a food bank item into a box and then donate the contents.
I can't think of a better way to capture the true spirit of Christmas. It would be fantastic if local people could join me in the Reverse Advent campaign and support it in any way that they can. The Basics Bank are always grateful for donations no matter how big or small. For more information and to see what particular items the Gosport and Fareham Basics Bank are most in need of please visit https: Following consultation with industry groups, animal welfare campaigners and members of the public, the Government has announced that CCTV to be required in every slaughterhouse where live animals are present, with new rules taking effect from next year.
Official Veterinarians will be provided with unrestricted access to footage, helping them monitor and enforce animal welfare standards. The consultation revealed that of almost 4, respondents, more than 99 per cent were supportive of the Government's plans. Legislation will be introduced in the New Year, coming into force in the Spring. All slaughterhouses will be required to comply following an adjustment period of up to six months.
While a number of major UK supermarkets already insist that all their meat and dairy suppliers have CCTV installed, it is right that we deliver on a Manifesto pledge by making this compulsory. This is an issue many of my constituents understandably feel strongly about, and I'm glad their views are being taken seriously.
Commenting on the news, Caroline said: In Gosport we all know of the tremendous work the group do. A key part of the funding is to support the purchasing of kit to keep the volunteers safe. Lifeguard groups are entirely voluntary and rely on donations so I hope this grant will be very useful for them to support their valuable work. Parliament Week is a programme of events and activities that connect people across the UK with Parliament and democracy; the annual initiative kicks off on Monday 13 November and will run until Friday 17 November.
I always enjoy getting involved with the initiative every year. It is a fantastic way to ask for young people's their opinions on topics which are big issues in Parliament at the moment. For more information about Parliament Week, please visit www. Fareham's Draft Local Plan has recently been published and includes some worrying proposals for the Gosport Constituency. Specifically HA2 — the proposed development of homes adjacent to houses on the western side of Tukes Avenue and Pettycot Crescent, right on the border of the Gosport Borough.
I am strongly opposed to this proposal which threatens the strategic gap between Gosport and Stubbington and will cause further stress on our already over congested roads and local infrastructure.
I have made a formal comment on Fareham's Draft Local Plan against this development see my letter here I would encourage other residents to do so too. The consultation will run until Friday 8th December and you can make your views known through the following link http: The occasion marked the launch of a new report,. Following the success of Macmillan's biggest fundraising event of the year on Friday 29 September, which saw thousands of people come together across the country, the charity hosted a parliamentary Coffee Morning at which MPs and Peers had the opportunity to meet with and hear from people living cancer who were featured in the report.
Stories of Life After Treatment', that focuses on the challenges people face after cancer treatment ends. This year's event provided a really important opportunity to hear more about the physical and emotional challenges that people can face after finishing cancer treatment. Whilst a cancer experience is always significant - life with cancer is still life - and it was great to hear about how Macmillan supports people to live it in the best possible way.
For further information, please visit: This follows the success of last year's inaugural event, which attracted over guests. The event will provide practical guidance and funding advice to local businesses and aspiring entrepreneurs. An exciting line-up of speakers will talk about entrepreneurship and the funding and support available locally for starting and growing a business.
Small businesses are the lifeblood of our economy, and while taking the first step towards starting your own business can be daunting, the rewards of being your own boss and turning a passion into a career are more than worth the hard work. By bringing businesses, aspiring entrepreneurs and business support organisations together, the Enterprise Fair will help to unlock and develop the wealth of business talent we have locally. The event will commence at 1: If you would like to attend, please RSVP to jessica.
You can read more about the range of activities taking place across Gosport as part of Enterprise Week, here. There are over 30, out of hospital cardiac arrests every year in the UK, and devastatingly only 1 in 10 survive. Every minute without CPR or defibrillation can reduce a person's chance of surviving a cardiac arrest by around ten per cent. Every second counts, and CPR really is the difference between life and death. I'm supporting first aid skills on the school curriculum as a vital part of the PSHE curriculum.
The chance of surviving is almost zero if people collapse and receive no bystander CPR until the emergency services arrive. Thousands of deaths could be prevented if more people learn CPR.
I encourage all secondary schools in the Gosport Constituency to apply for the BHF's free training kits by visiting bhf. Learning CPR and other life saving skills should be part of their passage into adulthood and with many free resources available for schools like our Big First Aid Lesson on 3rd November, there is plenty of opportunity for children to become life savers.
Learning first aid helps to increase confidence levels and we believe it's a life skill everyone should have. For further information please visit www. Both Kevin Hollinrake's Parental Bereavement Bill, which will give employed parents two weeks paid leave if they lose a child under the age of 18, and Chris Bryant's Assaults on Emergency Workers Bill, which will create a new offence of assaulting an emergency worker, have progressed to the Committee Stage unopposed.
All Bills must pass through several stages, in both the Commons and the Lords, before becoming law. Most primary legislation passed by Parliament originates from bills introduced by the Government.
Both of the Bills heard today were presented to Parliament through the ballot procedure. As there is enormous pressure on the time available for debating bills introduced by backbench Members, priority in the use of this time is established by a ballot held shortly after the beginning of each parliamentary session. Creating a new offence of assaulting an emergency worker sends a clear message that this will not be tolerated, whilst granting bereaved parents paid leave is a compassionate, necessary policy that may go some small way towards making an awful situation more bearable.
I'm glad the Bills are progressing so well through parliament, and look forward to seeing them enter law. Caroline leant her full support to the Council's funding bid, which was submitted over the summer. Funding will be awarded through the Department of Transport's National Productivity Investment Fund, which aims to ease congestion, provide upgrades on important local routes, and unlock economic and job creation opportunities. Hampshire County Council is one of a number of local highway authorities in England which have been successful in bidding for funding.
Customer survey results have reinforced this success, and First now operate Eclipse services every five minutes in each direction along the busway. This will build on the significant improvements the busway has already delivered. Historically, the Gosport peninsula has suffered from chronic underinvestment in transport infrastructure, and while there is still more to do I am glad that much needed progress is being made'. Having already emphasised the benefits of a direct rail link in a letter to the Transport Secretary, Caroline followed up by arranging for Hampshire MPs to collectively make the case for southern access.
This would put an end to her Gosport Constituents having to travel into London or via an infrequent bus connection from Woking to access the airport. By providing an alternative London terminal to Waterloo, the development would also provide much needed capacity relief at peak periods.
Both values are much higher than the 4. The Transport Secretary said he was aware of the need for direct southern access to Heathrow, and assured Hampshire MPs of his commitment to finding a solution to the current problems. He suggested that the Department for Transport is currently doing some financial modelling on the situation and is likely to explore a range of possible options early next year.
A direct rail link from the South would benefit both the local and national economy, ease congestion, deliver reliable journey times and reduce air pollution, by taking cars off the roads. The Transport Secretary was aware of the need for southern rail access to Heathrow, and encouragingly receptive to our views. I will continue to follow this important matter closely. The Brexit negotiations are the most important negotiations our country face.
The Conservatives want to move negotiations on from discussing withdrawal issues to talks about the substance of the future relationship we want with the EU. This will cover, for example, the rules our businesses trade under, the way the police work across borders to keep us safe, and how we get control of our borders.
Last week the European Parliament passed a non-binding motion to hold back talks on the future relationship. That means negotiating the best deal for families and businesses in Gosport and across the UK. They need to explain to people in Gosport and across the South East why they voted against our interest and to delay talks. Drama students from Bay House School visited parliament to perform the original play, 'How to be a Girl!
Caroline Dinenage MP arranged the event having seen the play performed earlier in the year. Staff from the Government Equalities Office, which sits within the Department for Education, were so impressed they invited the cast to return to London to perform at the Department. The performance also won praise at this year's Totton Festival of Drama, where it was awarded the Trant Trophy.
The play, which was written by former writer in residence at Bay House School, Zella Compton, takes a darkly comic look at media pressure for young women to look and behave a certain way. It is presented as a magazine, and also offers a satirical peak between the covers of How to be a Boy!
The script throws into painfully sharp relief the negative impact of media messages that generate and exploit young women's insecurities. It's unsettling in a really productive way, forcing the audience to confront uncomfortable facts about the way modern society operates. I was really proud to welcome my colleagues to the performance, and am thrilled they were as impressed as me. The cast did fantastically and I'm really grateful for the hard work of everyone involved'.
The news released from BAE this morning is distressing and my thoughts are with those affected by the potential job losses in the Portsmouth area. In light of some recent failures to secure valuable contracts, BAE state restructuring and redundancies may be vital to ensure the company is sustainable moving forward.
BAE have told me that most of the possible job losses would be in white collar, management roles. They are confident that a good number would be achieved through voluntary redundancy and that compulsory redundancies would be kept to an absolute minimum.
They would also be planning to see staff retrained and redeployed within their own business. I have spoken to Harriett Baldwin the Parliamentary Under Secretary of State and Minister for Defence Procurement to seek her support for our local area as these changes take place.
You can read it here. For more information please visit http: There were some really positive announcements at this year's Conservative Conference, including some issue that many of my constituents have contacted me about. Opt-Out Organ Donation System. Independent Mental Health Act Review. Daedalus Park opened in July all bar one of the 30 industrial units are now occupied, largely by aviation, engineering or manufacturing businesses.
Work will be completed in the spring. Commenting on the visit Caroline said: The site is set to create even more jobs, allowing more people to work locally and taking cars off the road at peak times. I firmly believe that the success of Daedalus is crucial to the future of our local economy. There is still much more to be done to see the site reach its full potential including the redevelopment of the waterfront part of the site. For more information about Daedalus Business Park please visit https: For more information about CETC please visit www.
This came in the wake of the announcement by the Ministry of Justice that the Haslar Immigration Removal Centre was planned for disposal. For centuries the Gosport Peninsular has played a key role in serving the armed forces, and particularly the Royal Navy, with the facilities to accommodate, train, feed, equip, arm and prepare for their vital roles.
I will continue to fight the closure of HMS Sultan and plot the best future for other Government disposal sites in Gosport. The Offer aims to raise awareness of the support available to small businesses when employing a person with a long-term health condition or disability. Janeene Ashcroft-Coe is the new Small Employer Adviser for Hampshire and the Isle of Wight who will work with local Small Businesses and work coaches to provide support, ensuring everyone can have the chance to fulfil their potential.
The Small Employer Offer is a voluntary programme that has been designed to increase local job opportunities for Employment and Support Allowance and Universal Credit claimants who have a Limited Capability for Work. Caroline's pop-up advice surgeries give her constituents the opportunity to discuss their concerns about both local and national issues without making an appointment beforehand.
Caroline recently held a mobile surgery in Gosport Asda, where over 50 visitors came to discuss personal, local or national issues or just to say hello. Every single one of my constituents — from the tip of the Gosport Peninsula to the edge of Fareham — has the right to talk to their MP, raise problems and receive advice.
Caroline's open surgery will take place between 11am and For more information about Caroline's surgeries, please call Caroline's constituency office on Caroline Dinenage MP has written to the Secretary of State for Transport supporting proposals that would see a direct rail line link Basingstoke with Heathrow Airport in as little as 40 minutes. The scheme would offer direct services from Basingstoke to London Paddington and Old Oak Common via Heathrow, providing not only access to the airport but also a vital link to HS2 and the Elizabeth Line.
The proposed route is in a short section of tunnel from the west end of Terminal 5 station, then mainly on the surface parallel to the M25 to a junction north of Chertsey. Construction of the new infrastructure could be developed with minimal impact on existing railway operations. Construction would be privately financed, helping to free up public sector funding to bring forward other important transport projects. Hampshire has long called for better rail services to Heathrow, and I hope HSR's exciting proposals will be given very serious consideration.
A highlight in the PSA's calendar of activities to engage young people in the study of politics, the annual film competition, sponsored by YouGov, is open to post students who will be studying during the academic year This year's competition asks students to explore the question: Is this the end of facts? Groups of students are invited to submit short videos on this subject, examining what fake news is, what effect it may be having on the political landscape and what it means for expert opinion and 'factual' knowledge.
Shortlisted groups will be invited to Speaker's House in the Palace of Westminster to discuss the ideas raised in their video with a panel of politicians, journalists and academics.
This year's ceremony takes place on 5 December in London. On top of this, the winning students get a week's work experience with the YouGov political team during their school holidays.
Good luck to students in the Gosport Constituency who take part. The added training that winning teams get from YouGov - at the heart of political polling and public opinion monitoring - makes this initiative ever more worthwhile. Full competition details for and how to enter are published on the PSA's website at: Caroline Dinenage MP has welcomed historic reforms to introduce fairer funding for schools. Indicative data released by the Minister for Schools last week suggests the new National Funding Formula would see every school in the Gosport constituency attract a funding boost, with some schools attracting up to 7.
The reforms will help to ensure that every child has access to the high quality education that they deserve, regardless of where they live, alongside providing transparency and greater predictability. The new National Funding Formula will redress historic inequalities which have seen similar children in similar schools attract significantly different levels of funding. The final funding formula, outlined in a statement to the House by the Secretary of State for Education, will increase the basic funding that every pupil in every school will attract.
Further to this, it will:. The Government will also high needs funding, which supports our most vulnerable children, and ensure that this is distributed in line with a broad measure of deprivation to include all of those who are likely to need extra help. To provide stability for schools through the transition to the National Funding Formula, each local authority will continue to set a local formula which will determine individual schools' budgets in their areas, in and , in consultation with local schools.
The school-level allocations from Government will therefore be used to set the total funding available for schools in each area.
Hampshire County Council will continue to distribute this until I lobbied Ministers to protect school funding across Gosport when the National Funding Formula was first announced, and the reformed Formula really demonstrates that Government has listened to people's concerns.
Caroline's open advice surgeries give her constituents the opportunity to discuss their concerns about both local and national issues without making an appointment beforehand. By holding these surgeries, Caroline is fulfilling her pledge to reach out to people across the constituency. It is so important that my surgeries are as accessible as possible so if you want to have a chat, raise problems or receive advice, please pop along. Caroline's open surgery will take place between 10am and 11am on Saturday 16 September at Asda Gosport, Cranbourne Ind.
Wear It Pink will see thousands of people across the UK adding a splash of pink to their outfits on Friday 20 October and raise vital funds for breast cancer research. Caroline is encouraging her constituents in Gosport to join her, and sign up to take part in the UK's biggest pink fundraiser. Anyone can take part in wear it pink, which brings together schools, workplaces and communities.
All you need to do is wear something pink, or hold a pink event at home, work or school, and make a donation to Breast Cancer Now. Whatever you do, you're helping the charity achieve its aim that, if we all act now, by everyone who develops breast cancer will live. One in eight women will face it in their lifetime, and every year around 11, women and 80 men lose their lives to the disease.
It's a fun and easy way to support Breast Cancer Now's vital research, and help stop breast cancer taking the lives of those we love. Jacquie, who was diagnosed with breast cancer in , is lending her support to wear it pink in the hope that thousands of people across the country will take part in the event. I have had breast cancer myself and following my diagnosis and treatment have become incredibly passionate about raising awareness and funds for research.
The event raises funds for the charity's world-class research, which will hopefully one day put a stop to this dreadful disease. That is why I'm asking people across the country join me, and the MPs who took part in Westminster, by adding a splash of pink to their outfits on wear it pink day and donating to Breast Cancer Now.
I hope lots of people across the UK take part! Simply by wearing something pink and donating, you're raising funds for life-saving research and helping Breast Cancer Now reach our goal that, by , everyone who develops breast cancer will live. To take part in wear it pink this October, please visit wearitpink. Gosport and Fareham based charity 'We Can Read', which helps adults develop their literacy skills, will now be operating a desk at the Jobcentre in Gosport High Street on Tuesday mornings, between 10am and 12 noon.
This will enable Jobcentre staff to refer non-readers on to 'We CAN read' directly, alleviating the anxiety many people feel waiting for their first appointment. The programme provides one-to-one coaching, and is ideal for anyone who has received inadequate reading tuition in the past. The organisation has been active for nearly six years, and has helped 70 local adults to read over this period.
Linda Curtis, who coordinates the organisation's Gosport-based volunteers, has described the partnership as 'a huge breakthrough' in tackling barriers non-readers face to securing employment. Improved literacy not only opens doors to employment, but also improves self-confidence and increases independence.
Taking the first step towards better reading skills can be daunting, so ensuring that support services are easily available is really important.
I look forward to following the progress of this exciting new partnership. Caroline Dinenage MP has welcomed the Government's ambitious new shipbuilding strategy, which will see billions invested in growing the Royal Navy over the coming decade. Reforms will transform procurement practices and help to develop a more sustainable and competitive shipbuilding sector.
The strategy will lead to more cutting-edge ships for the growing Royal Navy whilst also maximising export potential. Having not exported a UK warship since the s, the new ships will be designed to be attractive to navies around the world. The Government will launch a competition to design and build a new class of general purpose frigates, the Type 31e, five of which will be built in the first batch.
Each of these ships will cost no more than million pounds and will be built in Britain. The first is expected to be in service by The new strategy will enable a modular construction process which could see frigates built across different shipyards, before being assembled at a central site.
The plan will help boost jobs, skills, and growth in shipyards and the supply chain across the UK. The strategy document can be read in full, here. It's also great news for our local economy, which is underpinned by the wider maritime and marine engineering sector. A modern, efficient and globally competitive shipbuilding industry will increase skills, exports and prosperity, while also ensuring our Navy remains able to effectively project UK influence across the globe'.
She recently won the vote to represent her fellow young people, and will be taking part in the Youth Parliament's annual debate in the House of Commons later this year. Since , it has been the only group other than Members of Parliament allowed to debate on the famous green benches of the Commons.
The 'Make Your Mark' campaign encourages young people between the ages of 11 and 18 to participate in a UK-wide ballot to decide the topics of the Youth Parliament's House of Commons debate, the outcome of which will determine the Youth Parliament's priority campaigns for the year ahead.
The ballot closes on Friday the 6th of October. Encouraging interest and engagement in democracy among young people is so important for the future of our country. The Youth Parliament is a tremendous organisation, and I will follow November's debate with great interest. I am keen to see sites such as Fort Blockhouse and the remaining section of Royal Clarence Yard released by the MoD in a way which will maximise local economic benefits, creating jobs and prosperity.
But I also took the opportunity to discuss alternatives to the proposed disposal of HMS Sultan and make a strong case to the Minister that its sale would be to the detriment of Gosport, the Royal Navy and the MoD. I am pleased to confirm that this relationship will continue. I am keen to see sites such as Fort Blockhouse and Royal Clarence Yard released by the MoD in a way which will maximise local economic benefits.
Local MP, Caroline Dinenage, has joined with Anthony Nolan to thank the people in Gosport who have registered with the charity as stem cell donors. The figure places the constituency in the top half of the UK out of in terms of the number of potential lifesavers registered in the area.
Young men aged are the most likely to be asked to donate to give someone with blood cancer or a blood disorder a second chance at life. The figures come from Anthony Nolan's Communities versus Blood Cancer campaign, which celebrates the people who have already registered as donors and raises awareness of the shortage of donors that still exists. Young men and people from black, Asian and ethnic minority backgrounds are underrepresented on the register, making it difficult to find a match for everyone in need.
In total, , people in the UK are on the Anthony Nolan register, any of whom could be a match for someone with blood cancer and asked to donate their stem cells to give a patient a second chance of life. Now, Caroline is encouraging more people from Gosport particularly men aged and people from black, Asian and ethnic minority backgrounds, to register as stem cell donors and make sure that a match is available for everyone in need of a transplant. Donating stem cells is straightforward but it could make an enormous difference to someone with no other chance of a cure.
For more information about Anthony Nolan, visit www. I share many residents concerns that there has recently been a worrying increase in crime and anti social behaviour in the Gosport area. I have been in touch with the Chief Constable and Chief Inspector to discuss this further and ensure that all possible action is being taken to address this issue. Some residents have conflated the situation with the closure of the Police Station.
However most local people will know that the Police Station has simply moved and is now co-located with the Gosport Borough Council offices. Hampshire Constabulary say this will mean there is better front desk provision and improved collaboration with the Council's Community Safety Team and more money to spend on front line policing.
They also say that the number of front-line police hasn't been reduced in this move. This may have had an impact on the number of rough sleepers in Gosport. Local MP, Caroline Dinenage, has undertaken the Disability Confident Summer Challenge to make the employers in her area more inclusive, encouraging them to sign up to the Disability Confident scheme and open up their workforce to disabled people.
In November , Caroline hosted a Disability Confident Event giving local businesses from across Gosport, Stubbington, Lee-on-the-Solent and Hill Head an understanding of why they should take on disabled jobseekers and the support available to them to do so. Now, Caroline is encouraging more local businesses to sign up to the scheme to try and become more Disability Confident in Gosport.
The challenge is part of a national campaign run by the Disability Confident scheme, which supports employers to increase the diversity of their workforce and offer opportunities to disabled jobseekers, including work experience, apprenticeships, work trials and employment.
The Disability Confident kite mark also sends a powerful signal to disabled candidates that if they apply to that firm they can have confidence their needs and concerns will be understood and supported.
The new Disability Confident sign-up scheme was launched at the end of last year and builds on the success of the previous 'Two Ticks' scheme. More than 4, businesses have signed up to become Disability Confident so far. Local MP, Caroline Dinenage, has welcomed the launch of a Government initiative designed to help veterans access the support they need as quickly as possible. The 'Veteran's Gateway' website, which was launched this summer, brings together a wealth of information and provides a first point of contact, helping users to access support without delay.
Many of the team are veterans themselves, so have first-hand experience of the issues that people face after leaving the Armed Forces. Advisers, who can be contacted by phone, email, text of live chat, work with people on a one-to-one basis, and the service operates hours a day. Finally, social instability risks include high crime in certain of the countries in which IGT PLC operates due to poor economic and political conditions, riots, unemployment and poor health conditions.
If IGT PLC is unable to protect its intellectual property or prevent its use by third parties, its ability to compete in the market may be harmed. IGT PLC protects its proprietary technology and intellectual property to ensure that its competitors do not use such technology and intellectual property.
For example, there can be no assurance that consultants, vendors, partners, former employees or current employees will not breach their obligations regarding non-disclosure and restrictions on use. IGT PLC intends to enforce its intellectual property rights, and from time to time it may initiate claims against third parties that it believes are infringing its intellectual property rights if it is unable to resolve matters satisfactorily through negotiation.
Third party intellectual property infringement claims against IGT PLC could limit or affect its ability to compete effectively. IGT PLC cannot provide assurance that its products or methods do not infringe the patents or other intellectual property rights of third parties. Failure to attract, retain and motivate key management and employees may adversely affect our ability to compete. Our success depends largely on recruiting and retaining talented executives and employees. Our ability to attract and retain key management, product development, finance, marketing, and research and development personnel is directly linked to our continued success.
The market for qualified executives and highly-skilled technical workers is intensely competitive. The loss of key employees or an inability to hire a sufficient number of technical staff could limit our ability to develop successful products and could cause delays in getting new products to market.
The real and perceived integrity and security of a lottery are critical to its ability to attract players. IGT PLC strives to set exacting standards of personal integrity for its employees and directors, as well as system security for the systems that it provides to its customers, and its reputation in this regard is an important factor in its business dealings with lottery and other governmental agencies.
IGT PLC may not be able to respond to technological changes or to satisfy future technology demands of its customers, in which case it could fall behind its competitors. IGT PLC has a concentrated customer base in certain business segments and the loss of any of its larger customers or lower sales from any of these customers could lead to significantly lower revenue.
If IGT PLC were to lose any of these larger customers, or if these larger customers experience slow lottery ticket sales and consequently reduced lottery revenue, there could be a material adverse effect on. We face supply chain risks that, if not properly managed, could adversely affect our financial results.
IGT PLC purchases most of the parts, components and subassemblies necessary for its lottery and machine gaming terminals and other system components from outside sources. IGT PLC outsources all of the manufacturing and assembly of certain lottery products to a single vendor while other products have portions outsourced to multiple qualified vendors.
We may incur significant costs associated with complying with the rule, such as costs related to the determination of the origin, source and chain of custody of the minerals used in our products, the adoption of conflict minerals-related governance policies, processes and controls, and possible changes to products or sources of supply as a result of such activities. New arrangements with state lotteries in the United States, such as lottery management contracts, may increase the risks to IGT PLC in its dealings with state lotteries, including requiring the guarantee of income, upfront payments or similar arrangements.
In the United States, state lotteries are exploring lottery management contracts as a means of maximizing lottery profits. In addition, in other states, agreements may require upfront payments for concessions. The gaming business is highly competitive. The online lottery industry has faced increased competition from the entertainment and gaming industries in recent years, including from a proliferation of destination gaming venues, and an increased availability of gaming opportunities including gaming opportunities on the Internet.
Increased competition also may have a material adverse effect on the profitability of contracts which IGT PLC does obtain. IGT PLC may also be affected by increased competition as a result of consolidation among gaming equipment and technology companies.
IGT PLC expects the trend toward consolidation in its global industry to continue as gaming equipment and technology companies attempt to strengthen or expand their market positions in the gaming industry through mergers and acquisitions. IGT PLC believes that industry consolidation such as these acquisitions may result in stronger competitors that are better able to compete by increasing their scale and operating efficiencies.
Consolidation may also result in competitors with greater resources which may be directed toward accelerating innovation and product development, resulting in a broader service and product offering. Competition is intense among gaming and systems providers, including manufacturers of electronic gaming equipment and systems products.
Competition in the gaming industry has accelerated due to the increasing number of providers, combined with the limited number of operators and jurisdictions in which they operate. In addition, several casinos have recently ceased operations due to unfavorable economic conditions. This combination of a growing number of providers and a limited number of operators has resulted in an increased focus on price to value.
To compete effectively, providers must offer innovative products, with increasing features and functionality benefiting the operators along with game content appealing to the end player, at prices and, in certain cases, financing terms that are attractive to operators. Obtaining space and favorable placement on casino gaming floors is also a competitive factor.
In addition, the level of competition among equipment providers has increased significantly due to consolidation among casino operators and cutbacks in capital spending by casino operators resulting from the economic downturn and resulting decreased player spend.
In particular, the online social casino industry is relatively new and has lower barriers to entry than the land-based casino industry. Several companies have launched social casino offerings, and new competitors are likely to continue to emerge, some of which may be operated by social gaming companies with a larger base of existing users, or by casino operators with more experience in operating a casino. The gaming and betting industry is highly regulated.
Renewing existing and applying for new licenses, concessions, permits and approvals can be costly and time-consuming and there is no assurance of success. Any changes in the legal or regulatory framework or other changes, such as increases in the taxation of gaming or betting, changes in the compensation paid to concessionaires or increases in the number of licenses, authorizations or concessions awarded to competitors of IGT PLC could materially and adversely affect its profitability.
In the United States and in many international jurisdictions where IGT PLC currently operates or seeks to do business, lotteries are not permitted unless expressly authorized by law.
Once authorized, the ongoing operations of lotteries and lottery operators are typically subject to extensive and evolving regulation. In the United States, in particular, lottery authorities generally conduct an investigation of the winning vendor and its employees prior to and after the award of a lottery contract.
The failure of these beneficial owners to submit to such background checks and provide required disclosure could jeopardize the award of a lottery contract to IGT PLC or provide grounds for termination of an existing lottery contract.
Finally, sales generated by lottery games frequently are dependent upon decisions over which IGT PLC has no control made by lottery authorities with respect to the operation of these games, such as matters relating to the marketing and prize payout features of lottery games.
A significant threat for the entire gaming and betting industry arises from illegal activities. Such illegal activities may drain significant betting volumes away from the regulated industry.
The Company may not realize the cost savings, synergies and other benefits that the Company expects to achieve from the Mergers. The combination of two independent companies is a complex, costly and time-consuming process. The integration process may disrupt the business of either or both of the companies and, if implemented ineffectively, could preclude realization of the full benefits expected by IGT PLC, including the achievement of expected cost savings and revenue synergies.
The failure of the Company to meet the challenges involved in successfully integrating the operations of GTECH and IGT or otherwise to realize the anticipated benefits of the Mergers could cause an interruption of the activities of the Company and could seriously harm its results of operations. The difficulties of combining the operations of the companies include, among others: In addition, even if the operations of GTECH and IGT are fully integrated successfully, the Company may not realize the full benefits of the Mergers, including the synergies, cost savings or sales or growth opportunities that the Company expects.
These benefits may not be achieved within the anticipated time frame, or at all. These covenants may limit its ability to react to market conditions or take advantage of potential business opportunities.
From time to time, the Company expects it will pursue acquisitions in support of its strategic goals. In connection with any such acquisitions, the Company could face significant challenges in managing and integrating its expanded or combined operations, including acquired assets, operations and personnel. There can be no assurance that acquisition opportunities will be available on acceptable terms or at all or that IGT PLC will be able to obtain necessary financing or regulatory approvals to complete potential acquisitions.
The establishment or expansion. As a result, gaming continues to be the subject of public debate, and there are numerous active organizations that oppose gaming. Opposition to gaming could result in restrictions on, or even prohibitions of, gaming operations or the expansion of operations in any jurisdiction.
In addition, the construction of new casinos or expansion of existing casinos fluctuates with demand, general economic conditions and the availability of financing.
There is constant pressure to develop and market new game content and technologically innovative products. The gaming industry is characterized by dynamic customer demand and technological advances, both for land-based and online gaming products. The process of developing new products and systems is inherently complex and uncertain. It requires accurate anticipation of changing customer needs and end-user preferences as well as emerging technological trends.
While DoubleDown Casino has historically. Games and gaming machines may be replaced by casinos and other gaming machine operators if they do not perform according to expectations, or may be shut down by regulators. Online gaming, including social casino-style gaming, is a relatively new industry that continues to evolve.
These platforms allow individuals access to a broad audience of consumers and other interested persons. When rates increase, jackpot liabilities are reduced as it costs less to fund the liability.
However, when interest rates decline, the value of the liability and related jackpot expense increases because the cost to fund the liability increases. IGT PLC, its customers, and its suppliers have operations in locations subject to natural occurrences such as severe weather and other geological events, including hurricanes, earthquakes, floods, or tsunamis that could disrupt operations. Changes in consumer preferences and behavior could affect the popularity of the gaming industry.
The popularity and acceptance of gaming is influenced by the prevailing social mores, and changes in social mores could result in reduced acceptance of gaming as a leisure activity. If IGT PLC is not able to anticipate and react to changes in consumer preferences and social mores, its competitive and financial position may be adversely affected. Gaming may lose popularity as new leisure activities arise or as other leisure activities become more popular.
Negative perceptions and publicity surrounding the gaming industry could lead to increased gaming regulation. From time to time, the gaming industry is exposed to negative publicity related to gaming behavior, gaming by minors, the presence of gaming machines in too many shops, risks related to online gaming and alleged association with money laundering.
Publicity regarding problem gaming and other concerns with the gaming industry, even if not directly connected to IGT PLC, could adversely impact its business, results of operations and financial condition. For example, if the perception develops that the gaming industry is failing to address such concerns adequately, the resulting political pressure may result in the industry becoming subject to increased regulation.
Such an increase in regulation could adversely impact our business, results of operations and financial condition. Any decisions to reduce or discontinue paying cash dividends to our shareholders could cause the market price for our ordinary shares to decline. We may modify, suspend or cancel our cash dividend in any manner and at any time.
Any reduction or discontinuance by us of the payment of quarterly cash dividends could cause the market price of our ordinary shares to decline. Moreover, in the event our payment of quarterly cash dividends are reduced or discontinued, our failure or inability to resume paying cash dividends at historical levels could cause the market price of our ordinary shares to decline. Recent and future changes to U. Treasury recently issued temporary regulations that increase the possibility that non-U.
As anticipated by IGT, such U. In addition to the recently-issued temporary U. Treasury Regulations promulgated thereunder or other guidance from the U. Recent legislative proposals have aimed to expand the scope of U. Other recent legislative proposals would cause IGT PLC and its affiliates to be subject to certain intercompany financing limitations, including with respect to their ability to use certain interest expense deductions.
Treasury recently issued proposed regulations that would treat certain debt between related parties, generally limited to cross-border debt, as stock for U. It is uncertain whether the proposed regulations will be adopted and, if so, in what form. If such proposed regulations are finalized in their current form, they could have an adverse U.
Congress, the Organization for Economic Co-operation and Development and other government agencies in jurisdictions where IGT PLC and its affiliates do business are focusing on issues related to the taxation of multinational corporations.
Shareholders are urged to consult their tax advisors in respect of the consequences of the potential imposition of Italian withholding taxes. A relatively large proportion of the voting power of IGT PLC is concentrated in a relatively small number of shareholders who have the ability to exert significant influence over the Company. These holders have the ability to exert significant influence over our business and may make decisions with which other shareholders may disagree, including, among other things,.
If IGT PLC shareholders maintaining ownership of a significant number of IGT PLC ordinary shares for an uninterrupted period of at least three years elect to receive the right to direct the exercise of the voting rights attaching to special voting shares, it is possible that a relatively large proportion of the voting power of IGT PLC could be further concentrated in a relatively small number of shareholders who would have or increase their significant influence over IGT PLC.
As a result of the loyalty voting structure, it is possible that a relatively large proportion of the voting power of IGT PLC could be concentrated in a relatively small number of holders who would have significant influence over IGT PLC. Such shareholders participating in the loyalty voting structure could reduce the likelihood of change of control transactions that may otherwise benefit holders of IGT PLC ordinary shares. Tax consequences of the loyalty voting structure are uncertain.
The fair market value of the IGT PLC special voting shares, which may be relevant to the tax consequences, is a factual determination and is not governed by any guidance that directly addresses such a situation.
However, the relevant tax authorities could assert that the value of the special voting shares as determined by IGT PLC is incorrect. The tax treatment of the loyalty voting structure is unclear and shareholders are urged to consult their tax advisors as to the tax consequences of receipt, ownership and loss of the entitlement to instruct the Nominee on how to vote in respect of special voting shares.
The Company is exposed to foreign currency exchange risk. The Company transacts business in numerous countries around the world and expects that a significant portion of its business will continue to take place in international markets. Information on the Comp any. History and Development of the Company. Acquisition of International Game Technology.
Memorandum and Articles of Association. Settlement of Cash Exit Rights. The Company paid interim cash dividends on its ordinary shares during as follows: Dividends paid in euro in the first quarter of were translated into U. IGT then purchased all of the shares of Invest Games by way of an intercompany loan agreement and promissory note. Capital expenditures are defined as investments for the period in systems, equipment and other assets related to contracts, property, plant and equipment, intangible assets and investments in associates as shown in our cash flow statement.
The Company did not make any capital expenditures in the first quarter of calendar that were not in the ordinary course of business. The final award of the concession is expected to be made during the second quarter of The following description refers to the combined business and operations of the following legacy companies: IGT enables players to experience their favorite games across all channels and regulated segments, from gaming machines and lotteries to interactive and social gaming.
Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise, and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play, providing our customers with leading edge solutions.
The Company strives to create shareholder value by adhering to the highest levels of service, integrity, responsibility, and innovation. Social responsibility is vital and we are committed to responsible gaming, giving back to our communities, and doing our part to protect the environment. The Company is organized into four business segments, which are supported by corporate shared services: Each one of these segments operates and provides the full range of gaming products and services described above.
Hardware and software development, and manufacturing are centralized in North America. In the majority of jurisdictions, lottery authorities generally award contracts through a competitive bidding process. After the expiration of the initial or extended contract term, a lottery authority generally may either seek to negotiate further extensions or commence a new competitive bidding process.
IGT PLC supplies a unique set of solutions for online, draw-based, and instant ticket lotteries to more than customers worldwide. IGT PLC designs, sells and operates a complete suite of lottery-enabled point-of-sale terminals that are electronically linked with a centralized transaction processing system that reconciles lottery funds between the retailer, where a transaction is enabled, and the lottery authority. Instant tickets are sold at numerous types of retail outlets but most successfully in grocery and convenience stores.
Instant ticket contracts are priced based on a percentage of ticket sales revenues or on a price per unit basis and generally range from two to five years with extension opportunities. IGT PLC has developed and continues to develop new lottery games, licenses new game brands from third parties and installs a range of new lottery distribution devices, all of which are designed to maintain a strong level of same store sales growth for IGT PLC customers.
IGT PLC employs marketing and sales staff who are directly responsible for developing and helping execute marketing programs that grow sales of lottery games. IGT PLC also works closely with lottery customers and retailers to help retailers sell lottery games more effectively. These programs include product merchandising and display recommendations, selection of appropriate lottery product mix for each location, and account reviews to plan lottery sales growth strategy.
IGT PLC operates or acts in a growing number of jurisdictions as the provider of lottery management services and is responsible for supporting the day-to-day operations of the lottery and its core functions. The lottery technology business is highly competitive and subject to strong price-based competition. The instant tickets production business is also highly competitive and subject to strong price-based competition.
Internationally, a number of instant ticket game vendors compete with us, including the competitors mentioned above, as well as diversified printing companies such as Eagle Press of India. The private manager, operator and licensee sector continues to emerge globally. Competitors in this market primarily consist of a handful of commercial lottery operators active mainly in their domestic markets, such as Tattersalls, Sisal S.
For certain concessions this percentage decreases as the total wagers increase during an annual period, while for others the fee is fixed based on the percentage of wagers. Both Northstar and IGT PLC believed that the Termination Agreement was valid and binding on the parties but entered into subsequent negotiations with the Illinois Lottery in an attempt to resolve the dispute.
If during any given fiscal year, actual net income is: IGT Global Solutions Corporation provides certain hardware, equipment, software and support services and certain instant ticket goods and services to Northstar New Jersey for the benefit of the New Jersey Lottery. Up to 3 years. Up to 5 years. Up to 7 years. Up to 6 years. Up to 10 years. Up to 3 one-year. Caribbean and Latin America: Argentina - Slot Machines S.
Sole discretion of Agencia, up to 10 years. Up to 24 months. Belgium - Loterie Nationale de Belgique. South Africa - Ithuba Holding Pty. Five years with possible three year extension. The term of the contract renews for successive one-year periods unless either party gives timely notice of non-renewal.
Operated by Camelot U. Lotteries Limited on a facilities management basis. Lottery authorities occasionally negotiate extensions on different terms and conditions. The table also sets forth information regarding the term of each contract. Agenzia delle Dogane e dei Monopoli - Lotto. Grupo Empresarial En Linea, S. Automatic renewals for two-year periods up to a total of ten years unless the Junta gives notice of non-renewal. Automatic extension for one three-year period.
The extension option for this contract may be exercised on mutual agreement of the parties. IGT PLC designs, develops, manufactures and provides cabinets, games, systems and software for customers in legal gaming markets throughout the world under fixed fee, participation and product sales contracts. IGT PLC offers a diverse range of machine cabinets which land-based customers can choose from to maximize functionality, flexibility, and player comfort.
Premium games are typically not sold to customers but instead provided on a leased basis through revenue sharing or daily fee arrangements. Gaming service revenue is primarily generated through the leasing to customers of premium games and cabinets.
These pricing arrangements are largely variable where the casino customer pays service fees to IGT PLC based on a percentage of amounts wagered aka coin-in or play , net win, or a daily fee.
Machine Gaming product sales revenues are generated from the sales of land-based gaming machines equipment and game content , systems, component parts including game conversion sales , other equipment and services.
IGT PLC combines elements of math, play mechanics, sound, art, and technological advancements with a library of entertainment licenses and a proprietary intellectual property portfolio to provide gaming products designed to provide a high degree of player appeal. The game library is continuously expanded with new content, popular brands, and appealing bonuses to address player preferences and other market trends. A wide array of casino-style games is offered, in a variety of multi-line, multi-coin and multi-currency configurations.
Other Premium Stand-Alone games. Spinning or Mechanical Reel. IGT PLC offers a comprehensive range of system modules and applications for all areas of casino management. Gaming systems products include infrastructure and applications for casino management, customer relationship management, player management, and server-based gaming. The Advantage system offers solutions and modules for: Bonusing jackpots and promotions.
Player management solutions feature customized player messaging, tournament management, and integrated marketing and business intelligence modules that provide analytical, predictive, and management tools for maximizing casino operational effectiveness. IGT PLC provides betting technology to lotteries and commercial operators in regulated markets, primarily in Italy and other countries in Europe.
IGT PLC also offers a sports betting platform comprised of a core engine and associated support modules which serves leading lotteries and commercial operators around the world. For p ari-mutuel betting the total pool of wagers placed, minus a specified percentage, is divided among the winning players according to a formula. A winner will be paid an amount equal to his or her share of the prize pool.
For fixed odds the payout amount is agreed upon in advance between the player and the bookmaker. In the case of a win, the bookmaker pays an amount equal to the bet multiplied by the odds fixed at the moment of the bet.
Interactive gaming or iGaming enables game play via the Internet for real money or for fun social. Our North America based online social gaming casino generates revenues from the sale of virtual casino chips to players for use within the DoubleDown Casino for additional play or game enhancements. Unlike many other online casino-style social games where each game is a unique application, DoubleDown operates as a single casino application with multiple games where all games are available to the player within a single application.
The platform is modern and able to address the changing dynamics of online poker. Existing lottery game portfolios are extended to the interactive channel to provide a spectrum of engaging content such as eInstant. IGT Connect integrates with third party player account management systems, third party game engines, and regulatory systems. In social gaming, our main competitors include Caesars and Zynga. IGT PLC develops innovative technology to enable lotteries to offer commercial services over their existing lottery infrastructure or over standalone networks separate from the lottery.
These services are primarily offered outside of North America. NAGI provides a full suite of casino-related products and solutions to its commercial, government and tribal customers in the U.
The NAGI segment includes revenue from the sale or lease of commercial gaming machines and software to casinos and government entities in the U. These systems help casino customers to increase operational efficiencies and enhance player engagement by delivering personalized player amenities and promotional offers. Additionally, service revenue is generated for commercial gaming from the maintenance of machines and systems.
North America Lottery includes revenue related to the sale or lease of lottery central system hardware and software, and the sale or lease of lottery and gaming terminals to government entities. The majority of the revenue we earn in the North America Lottery segment is derived from facilities management contracts.
The North America Lottery segment also includes revenue generated from the sale of physical instant tickets to government entities. Government-sponsored lotteries grant printing contracts on both an exclusive and non-exclusive basis where there is typically one primary vendor and one or more secondary vendors.
It also typically includes marketing and research support. A primary printing contract can also include any or all of the following services: A secondary printing contract includes providing backup printing services and alternate product sources. It may or may not include a guarantee of a minimum or maximum number of games. In the United States, lottery revenues are frequently designated for particular purposes, such as education, economic development, conservation, transportation and aid to the elderly.
Many states have become increasingly dependent on their lotteries as revenues from lottery ticket sales are often a significant source of funding for these programs. The International segment is a global leader in delivering innovative end-to-end solutions across all channels and regulated gaming segments.
International includes revenue from the sale or lease of commercial gaming machines and software to casinos and government entities, and from the sale or hosting or real-money interactive wagering games played over the internet.
This segment also includes revenue from the sale or lease of lottery central system hardware and software, and the sale or lease of lottery terminals to government entities. Additionally, international includes revenue from the sale of physical instant tickets to government entities, and professional services in the form of lottery facility management and lottery operation fees.
Legalized online real-money gaming in certain regulated international markets also continues to make a contribution. IGT PLC offers a variety of interactive gaming products within the International segment, including poker, casino, bingo and mobile systems. The majority of the revenue we earn in the Italy segment is derived from Lottery and Machine Gaming concessions.
IGT PLC has gained substantial experience in managing all of the activities along the lottery value chain, such as collecting wagers through its network, paying out prizes, managing all accounting and other back-office functions, running advertising and promotion, operating data transmission networks and processing centers, training staff, providing retailers with assistance and supplying materials including play slips, tickets and receipts, and marketing and point-of-sale materials for the game.
IGT PLC collects the wagers, deducts the applicable gaming taxes, and pays out prizes to winners and fees to retailers. The service revenue earned is generally based on a percentage of wagers, net of applicable gaming taxes. We also provide systems and machines to other machine gaming concessionaires, either as a product sale or with long term fee-based contracts. IGT PLC, as concessionaire, offers a sports betting platform comprised of a core engine and associated support modules which serves leading lotteries and commercial operators around the world.
IGT PLC provides collection and processing services in Italy which include bill payments, electronic tax payments, utility payments, prepaid cellular telephone recharges, prepaid cards and retail-based programs. However, in the sports. In the lottery business, lottery consumption and gaming may decrease over the summer months due to the tendency of consumers to be on vacation during that time.
Gaming operations revenues are affected by variations in the number and type of machines in service, levels and frequency of player wagers, and pricing arrangement terms.
Seasonal trends generally show higher play levels in the spring and summer months and lower in the fall and winter months. We use a variety of raw materials to manufacture our gaming devices e. We mainly use paper for office work and for the production of tickets in our two printing facilities, where there is also a significant consumption of toner and ink. A significant part of the materials used involve packaging, which is mainly based on cardboard and paper. IGT PLC has global material suppliers and utilizes multi-sourcing practices to promote component availability, and is not substantially dependent on any single supplier.
IGT PLC specializes in progressive creative game development including design, math, graphics and audio. The gaming products are created primarily by employee designers, engineers, and artists, as well as third-party content creators.
Third-party technologies are used to improve the yield from development investment and concentrate increased resources on product differentiation engineering. Other facilities located in California San Francisco , Washington Seattle , and China Beijing provide local community presence, customized products, and regional production where beneficial or required.
Manufacturing operations primarily involve the configuration and assembly of electronic components, cables, harnesses, video monitors, and prefabricated parts purchased from outside sources.
The brand licensing arrangements have various expiration dates through and commonly contain options to extend. We seek to protect our investment in research and development and the new and original features of our products by perfecting and maintaining our IP rights.
We obtain patent protection covering many of our products and have a significant number of U. Our portfolio is widely diversified with patents related to a variety of gaming products, including game designs, bonus and secondary imbedded game features, device components, and online or mobile functionality. IGT PLC has developed certain software for use in the management of a range of lottery, betting, and gaming functions and products, including leveraging integration with other software components.
The intellectual property of the software is managed according to concession requirements. As IGT PLC continues to advance the development of new technological solutions and expand its presence in other market segments, it continues to pursue comprehensive intellectual property protection, including patents where appropriate, for these solutions. IGT PLC has obtained patent protection in certain of its key business methods in the areas of infrastructure systems, terminal improvements and creative game design.
In most countries, the gaming market is heavily regulated. Each country governs the gaming sector, from a regulatory and administrative point of view, with its own solutions. Lotteries and other gaming activities are typically regulated by a specialized governing body.
The organizational model varies from country to country, although, more frequently, the operation of games is conducted by one or more dedicated public or private entities.
In certain countries, the operation of games is conducted by several operators. In the United States, there is a lottery authority or a commission for gaming activities in each state. On a worldwide basis, the supply of gaming products is varied and can be broken down by game lines, such as gaming casino, VLT and other games , lotteries online, instant and traditional lotteries and betting.
The development of these game lines among different countries is highly diversified. This is attributable, in particular, to macroeconomic factors, but also to player preferences and local legislation. Our operating entities and key personnel have obtained or applied for all required government licenses, permits, registrations, findings of suitability, and approvals necessary to manufacture and distribute gaming products in all jurisdictions where we do business.
Although many regulations at each level are similar or overlapping, we must satisfy all conditions individually for each jurisdiction. State lottery authorities generally conduct intensive investigations of vendors and their employees prior to and after awarding a vendor a contract with the lottery. Gaming laws and regulations serve to protect the public and ensure that gaming related activity is conducted honestly, competitively, and free of corruption.
Regulatory oversight additionally ensures that the local authorities receive the appropriate amount of gaming tax revenues. As such, our financial systems and reporting functions must demonstrate high levels of detail and integrity. Certain regulators not only govern the activities within their jurisdiction, but also monitor our activities in other jurisdictions to ensure that we comply with local standards on a worldwide basis.
As a Nevada licensee, state regulatory authorities require us to maintain Nevada standards for all operations worldwide. Violations of laws in one jurisdiction could result in disciplinary action in other jurisdictions. The nature of the industry and our worldwide operations make this process very time-consuming and require extensive resources. We employ additional community staff members and legal resources familiar with local customs in certain jurisdictions to assist in keeping us compliant with applicable regulations worldwide.
Through this process, we seek to assure both regulators and investors that all our operations maintain the highest levels of integrity and avoid any appearance of impropriety. We have never been denied a gaming related license, nor have our licenses ever been suspended or revoked.
The gaming industry is subject to extensive governmental regulation by U. Lotteries are regulated by state law in the United States, which typically prohibits gaming except as authorized and regulated by the particular state. There are currently 45 jurisdictions that authorize the operation of online lotteries in the United States. The ongoing operations of lotteries and lottery operators are typically subject to extensive and evolving regulation, which vary state-by-state.
While the regulatory requirements vary by jurisdiction, most require: Italian Gaming and Betting Regulations. The Italian gaming and betting regulatory authority is ADM.
Gaming in Italy is an activity reserved to the State. Any game that is carried out without proper authorization is illegal and subject to criminal penalties. Italian law grants the Ministry of Economy and Finance the power to introduce games and to manage gaming and betting activities directly or by granting concessions to third parties.
The process of creating and granting gaming and betting concessions in Italy is heavily regulated. Gaming and betting concessions are granted pursuant to a public tender procurement process. Concessions are for a determined time period and are not renewable unless indicated in the concession agreement; in such event, the renewal is not on the same terms.
In certain cases, the concession may be extended at the option of the governmental authority. Under certain circumstances, which are typically defined in the concession agreement, the concession may be revoked or terminated. Most cases of early termination are related to the breach of the terms of the concession agreement or the non-fulfillment of conditions of that agreement. In some cases, the early termination of the concession allows the State to draw upon the entire amount of the performance bond presented by the concessionaire.
Upon governmental request, the concessionaire has an obligation to transfer, free of charge, the assets subject of the concession to the State at the end of the term of the concession or in the event of its revocation or early termination. Each single concession contains specific provisions enacting such general obligation. The ongoing operations of Italian gaming and betting operators are typically subject to extensive and evolving regulation.
In general, the regulatory requirements include: EU Proposed Gaming Regulation. The European Union is considering setting out a harmonizing regulation on online gambling. The European Commission is unveiling a recommendation, with a series of initiatives aimed at clarifying the regulation of online gambling and encouraging cooperation between Member States.
While Member States are, in principle, free to set the objectives of their policies on online gambling, the purpose of the European Commission is to develop a well-regulated, safer online gambling sector in the European Union.
The following is a diagram of the Company and certain of its subsidiaries and associated companies, including all U. Property, Plant and Equipment.
Office; research and testing; storage and distribution. Printing facility; storage and distribution; office. Texas Warehouse and National Response Center: Contact center; storage and distribution; office. Research and test; office. Egg Harbor Township, NJ. Data Center of the Americas: Data center; network operations; office.
Data center; network operations. RI National Response Center: Office Italy Data Center: Manufacturing; office; research and test. Viale del Campo Boario 19 Office for administration, software development.
Office; research and test. Game Studio, Systems Software, Office. Brama Building, Warsaw, Poland. Lasnitzstrasse 19, Gross St. Manufacturing; storage and distribution. Bijlmermeerstraat 30, Hoofddorp, , Netherlands.
Bulevar Mihajla Pupina No. Software development office, Lottery and Gaming products. IGT PLC does not have any plans to construct, expand or improve its facilities in any material manner other than general maintenance of facilities. As such, no increase in productive capacity is anticipated.
The following discussion includes certain forward-looking statements. Actual results may differ materially from those discussed in such forward-looking statements. We are a leading commercial operator and provider of technology in the regulated worldwide gaming markets.
We operate and provide a full range of services and leading-edge technology products across all gaming markets, including lotteries, machine gaming, sports betting and interactive gaming.
We also provide high-volume processing of commercial transactions. The structure of our internal organization is customer-facing aligned around four business units operating in three regions as follows: Each of these segments operate and provide a full range of gaming services including lottery management services, online and instant lotteries, sports betting, machine gaming and interactive gaming.
Effects of Foreign Exchange Rates: Translation impacts arise in the preparation of the consolidated financial statements; in particular, we prepare our consolidated financial statements in U.
In preparing consolidated financial statements, we translate assets and liabilities measured in the functional currency of the subsidiaries into U. Accordingly, fluctuations in the exchange rate of the functional currencies of our subsidiaries against the U. Although the fluctuations in foreign exchange rates has had a material impact on our revenues, the impact on our operating income and our cash flows is less significant in that revenues are mostly matched by costs denominated in the same currency.
We operate on an international basis in regulated gaming markets, where the regulatory markets are subject to continuous evolution. Our ability to enter new markets or to offer new products in existing markets depends on decisions made by the market regulator, which often follow a period of political debate. Accordingly, we are not in control of the timing of new opportunities, including the outsourcing of gaming operations, the award of new contracts, the introduction of new instant ticket price points and the launch of new games.
From time to time, regulatory changes could be introduced which might affect our existing business in certain jurisdictions, including opening hours for points of sale, restrictions on the sale of certain products, the awarding, monitoring and renewal of gaming concessions, the minimum payout ratios on certain games, gaming tax increases and other legislation designed to encourage responsible gaming.
Our Gaming machine revenues are recorded net of tax, and therefore any changes in taxation can impact our revenues and results of operations. The profitability of our gaming products is affected by taxes imposed and the minimum payout ratios. Some of our gaming products have payout ratios greater than the minimum payout ratios allowed by the regulators and, for these products we may be able to decrease the payout ratio in order to mitigate the effect of any tax increases applied on them.
However, in order to minimize any negative impact on prizes and volumes, we would generally seek to decrease such payout ratios gradually over time.
Accordingly, there can be a time delay between increases in taxes and decreases in payout ratios which would result in a temporary reduction in our profitability. Macroeconomic Factors and Demographics: Gaming is a form of entertainment and, as such, competes with other forms of entertainment for the discretionary spending of the local population.
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