The Latest in lottery
Lottery
November 18, 2022
Allwyn Announces €1.6bn Funding Deal with International Banks
Allwyn Entertainment announced that it had entered into a new €1.6 billion senior facilities agreement with a syndicated group of international banks. The €1.6 Billion Credit Facility Will Be Split Lenders under the aforementioned arrangement agreed to provide an aggregate €1.6 billion ($1.65 billion) facility to Allwyn International AS (“Allwyn International”, formerly known as SAZKA […]
Lottery
November 17, 2022
IGT Extends Loto-Québec Deal through 2027
International Game Technology (IGT), a global leader in gaming technology and slot machines, has extended its agreement with Loto-Québec, expanding its footprint in Canada. The renewed deal is set to expire in 2027. IGT to Continue Supplying Loto-Québec Under the new deal, IGT’s Canadian subsidiary, IGT Canada Solutions, will continue to supply Loto-Québec with gaming […]
Lottery
November 11, 2022
Altadena Business Owner Receives $1 Million for Selling Winning Powerball Ticket
Tuesday’s historic Powerball jackpot continues to make headlines. Joe Chahayed, the owner of the business where the yet unknown lottery winner struck the grand prize, is the father-in-law of former Bengals NFL player Domata Peko. “Papa Joe” received a $1 million bonus for selling the winning ticket but has no plans for retirement and will […]
Lottery
November 11, 2022
NJ Lottery Pauses Twitter Ads amid an Anti-Semitic Snafu
Elon Musk is in, and the New Jersey Lottery is out. The Twitter account of the state lottery suspended its advertising on social media after an advertisement that publicized the Powerball jackpot appeared on a feed supporting a Far-Right Russian paramilitary organization. The lottery objected strongly to having materials it has paid to promote on […]
Lottery
November 11, 2022
ALEA and GLI Create New Gambling Scholarship in Argentina
Asociación de Loterías, Quinielas y Casinos Estatales de Argentina (ALEA) and Gaming Laboratories International (GLI) have teamed up to launch a scholarship program for Argentine regulators, the organizations have confirmed in a press release. More Educational Opportunities for Gambling Professionals The scholarship will be funded by both participants, and it will seek to help out […]
Lottery
November 10, 2022
Zeal Network Posts Strong Results Boosted by Jackpots
Zeal Network, a leading operator in Germany offering online lottery products, released a new trading update Thursday. In its latest report, the company revealed that it has seen strong growth in business volume for the third quarter, which also boosted its results for the first nine months of the year. Zeal Enjoys 14% Growth in […]
Lottery
November 10, 2022
Pollard Banknote Enjoys $125.5M Sales Record in Q3
Pollard Banknote, a leading provider of products and solutions to charitable and lottery gaming industries, released its latest trading update. The company reported its financial results for the three and nine months ended September 30, 2022. The Company Enjoys Stellar Third Quarter In Q3 this year, the company’s sales increased hitting a quarter record of […]
Lottery
November 9, 2022
Lottery.com’s Woes Continue as Kivel Resigns
Richard Kivel, chairman of Lotery.com’s board of directors, has handed in his resignation after trying to get the company’s finance under control in vain. In his resignation letter, Kivel listed the reasons for his departure. Kivel cited the delayed arrival of the funding from Woodford Eurasia and the federal investigation into Lottery.com’s chief compliance officer, […]
Lottery
November 9, 2022
Record Powerball Jackpot Goes to a Single Ticket in California
November appears to be the month of record-setting gambling wins. A few days ago, Houston’s Jim “Mattress Mack” McIngvale scored the biggest payout in sports betting history, walking away with $75 million. A yet-nameless person from California has now claimed the largest-ever Powerball jackpot of $2.04 billion. The Jackpot Win Cooled Passions across the USA […]
Lottery
November 9, 2022
Another Multimillion Ticket Claimed in UK Lottery
It seems that huge multimillion jackpots are becoming the norm but that could be coming with a few warning signs. Four Winners in a Month The UK National Lottery confirmed that the November 5 Lotto draw had a single winner of the big prize. The lucky player’s reward is £3.8 million ($4.38 million), and he […]