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Business
December 19, 2023
Lottery.com Secures New Investment, Expresses Optimism about 2024
Lottery.com reported that its financial position was bolstered thanks to a placement agent agreement with Univest Securities, a boutique full-service investment bank. Under this deal, the latter firm introduced Lottery.com to new investors. This resulted in an initial investment of a million dollars. According to the official announcement, the funding was provided to Lottery.com in […]
Legal
December 18, 2023
US Government Indicts Seven People Related to a Jamaican Lottery Fraud
Last week, the US Attorney’s Office in Pittsburgh announced the indictments of seven men allegedly connected to a lottery scam that targeted American citizens. The operation was based in Jamaica and required international cooperation between authorities to bust. As reported by the Pittsburgh office, the arrested men include both Jamaicans and Americans. The full list […]
Lottery
December 18, 2023
Airport Worker Hits It Big with $20M Lunch Break Lottery Win
The San Francisco Bay Area man purchased the ticket in a local liquor store only to find out that the ticket was worth $20 million. This happened during his launch break as a skycap at the local airport and playing the $30 “Set For Life” game. $20M to Realize a Lifelong Dream Commenting on his […]
Lottery
December 15, 2023
Lotto.com Colorado Player Wins $3M on MONOPOLY 500X
Lottto.com confirmed that one lucky customer in Colorado has won $3 million from a MONOPOLY 500X scratch ticket that was originally purchased on Lotto.com. MONOPOLY 500X and 3-Million Dollar Payday This comes only a few months after introducing digital scratch ticket offering in several states, including Colorado, Ohio, and Texas, and demonstrates the potential of […]
Lottery
December 14, 2023
Hoosier Lottery Winner Claims $50,000 Prize Despite Shredded Ticket
The Hoosier Lottery Commission in Indiana has approved a $50,000 Powerball prize for a man named Paul Marshall, even though his winning ticket was torn to pieces by a store employee. The decision came during a recent meeting in Indianapolis, where five commissioners unanimously supported Marshall’s appeal. Hoosier Lottery Commission Validates $50,000 Win The incident […]
Lottery
December 11, 2023
Man Wins $10M Twice in Two Years from Scratch-Off Tickets
Murray has become a bit of a sensation in his own right after the man won $10 million playing scratch-off lotteries in two consecutive years. He hit $10 million in both 2022 and 2023 and did so on not particularly big tickets as well. Playing for the Love of the Game, Winning Like a Champ […]
Industry
December 7, 2023
New York Legislators Advocate for iGaming and iLottery to Boost Finances
Two influential New York lawmakers, State Senator Joseph Addabbo and Assemblyman J. Gary Pretlow, argued that the state must embrace legal iGaming and online lottery games to secure over $1 billion annually in new tax revenue. New York Lawmakers Say iGaming and iLottery Will Bridge $8B Budget Deficit As the state grapples with a looming […]
Lottery
December 6, 2023
Chinese Man Buys Thousands of Lottery Tickets, Wins $30M
Against all reason, a Chinese man put all of his eggs in the same basket, buying over 50,000 lottery tickets and entering the same numbers on all of them. Fortunately for him, his combination turned out to be a winning one, netting him millions of dollars. The player, who preferred to remain anonymous, is a […]
Lottery
December 1, 2023
New Campaign Urges against Gifting Lottery Tickets to Children
The National Council on Problem Gambling (NCPG) and the International Centre for Youth Gambling Problems and High-Risk Behaviors at McGill University announced the 2023 Gift Responsibly Campaign, an initiative that seeks to raise awareness of the risks related to gifting lottery tickets to children and teens. This year’s campaign is supported by 66 lotteries as […]
Business
November 30, 2023
ZEAL Network to Part Ways with CCO Sönke Martens
ZEAL Network, an international group of lottery companies, will be parting ways with its chief commercial officer. The outgoing CCO will remain with the company for a while to ensure a seamless transition of responsibilities. As announced, CCO Sönke Martens is set to depart from his position at the end of February 2024. However, he […]
