Tag: lottery
Utah Lottery Proposed by State Legislator
It seems nothing fun ever happens in Utah. There’s skiing and hiking, but not much else, so the idea of a Utah lottery almost seems like the plot for a “Footloose” sequel. But hold on a moment… there is actually a small movement to establish the lotto there… from an actual Legislator none the less! What a way to start the year! Yes, the state of Utah has outlawed or forbidden most everything fun and enjoyable. That’s why their only professional sports team is the Jazz (insert rim shot here). But in these tough economic times, it seems there is…
National Lottery Comes to Kazakhstan
Scientific Games has joined forces with JSC Satty Zhuldyz to launch the Kazakhstan Lottery. JSC Satty Zhuldyz will operate the lottery, while Scientific will serve as exclusive supplier of all games, technology and services. Lottery instant ‘scratch’ games and draw games, such as numbers and Keno, will be going live across a network of approximately 3,000 retailers in Kazakhstan. “We are excited to work with Scientific Games to launch a socially responsible lottery in partnership with the Kazakhstan government,” JSC Satty Zhuldyz president Alexandr Ten said. More about the Kazakhstan Lottery at iGaming Business
A Closer Look inside ‘El Gordo’ –The Largest Lottery in the World
The lottery as a game has changed drastically since the early days when it was used as a mechanism by the authorities to raise money for education, health care or infrastructure needs. Nowadays, people are willing to pay lottery fees for much more selfish reasons – instead of contributing to a common cause, their money goes into the prize pool which is ultimately won by a lucky few. There are many different lotteries worldwide, each offering a different prize pool and an odds estimate of your chances to become the next jackpot winner. For those of you who wish to…
Lottery in America
Lottery is a game in which a participant pays a small amount of money which gives him/her an opportunity to get an ultimate prize. The amount raised by different participants is used to award the ultimate winner, to cater for the administrative expenses and the remaining amount of money is the profit that the organizer enjoys. The American lottery culture is not exclusive, for lotteries are practiced in very many countries legally. Initially, lotteries were raffle tickets which one had to buy to participate. These would take weeks for a final draw to be held. Today, nearly all states lotteries…
Lottery May be Key to U.S. Regulated Online Gambling
The Sheldon Adelson-inspired Restoration of America’s Wire Act, introduced in the House of Representatives by Jason Chaffetz (R-UT), would deal a severe blow to the fight for online poker regulation in the US if it were to be enacted. Just how severe depends largely upon the final language itself, as there are expected to be several ‘carve outs’ before it could pass. But could an anticipated exemption for state lotteries leave a large door open for hopeful online poker players? Delaware was the first state to enact online gaming, and by approaching it through their state lottery, it would seem…
Turkcell pulls out of Turkish national lottery tender
iGaming Business – Turkish mobile phone operator Turkcell has announced it will not participate in a tender for the country’s national lottery despite having reportedly considered a joint proposal with gaming and lottery operator Intralot. Turkcell’s majority-owned subsidiary Inteltek and fully-owned subsidiary Talih Kuşu had made a prequalification application for the tender, in partnership with Intralot. The mobile phone operator confirmed in a statement that following an evaluation of the proposal, its board of directors had decided not to give a bidding offer. However, according to the Paralimani.com website, Intralot will now seek a new partner to submit a bid…