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Business
August 1, 2022
Lottomatica Group Reaches Sixfold EBITDA and Quadruple Revenue Growth
Lottomatica Group is a relatively fresh entity on the Italian market. The group was born when multinational slot manufacturer International Game Technology decided to sell its Lottomatica-branded Business-to-Consumer operations to Gamesnet Group. The latter adopted the Lottomatica brand itself and later on created the enlarged Lottomatica Group with a merger between GoldBet Italia and Lotomattica […]
Lottery
August 1, 2022
Staggering $1.34BN Mega Millions Jackpot Won in Illinois
Late last week, one lucky ticket-holder from Illinois won the Mega Millions jackpot. The person won $1.337 billion, which is the second-highest jackpot in the history of Mega Millions. Second-Largest Mega Millions Jackpot Won in Illinois The lucky winner managed to match all six numbers for the Mega Millions drawing on July 29. The winning […]
Business
August 1, 2022
AGTech Subsidiary Wins Tenders for Seven Provinces
AGTech Holdings has won tenders that will allow the company to pursue further expansion of its lottery betting terminals in China, thanks to the company’s local subsidiary. AGTech to Install More Lottery Terminals in China Beijing AGTech GOT Technology has won seven public tenders and will as result leverage its betting terminals in the Mongolia […]
Casino
July 29, 2022
Zeal Network Secures Nect AI to Protect Minors
Zeal Network will continue to seek ways and improve the consumer protection of its consumers, the company has confirmed in a new press statement, adding that it has teamed up with a company that specializes in this particular aspect of the industry. As a result, the lottery operator will now work with Nect to use […]
Industry
July 28, 2022
KSA Probes into Lotteries Mixing Lottery with Online Gambling
Seeking to better protect lottery consumers, the Netherlands Gambling Authority, Kansspelautoriteit (KSA), announced it launched a new investigation. Dutch Gambling Regulator Launches New Investigation The regulator unveiled that the investigation is the result of lottery operators “increasingly adding online game elements to their offer.” Probing into mixing lottery with online gambling, the KSA vowed to […]
Industry
July 28, 2022
Kenyan Authorities Report Suspicious Jackpot Wins Tied to Money Laundering
Authorities in Kenya have flagged lucrative jackpot wins as potential money-laundering activities. The review was launched by Fred Matiang’i, the interior cabinet secretary, and noted that the owners of the betting companies may launder billions of shillings through the wins. Kenyan Laws Don’t Require Operators to Report Suspicious Activities Current laws in Kenya state that […]
Lottery
July 26, 2022
IGT Expanded Lottery Partner Portfolio with Michigan Lottery
Supplier of gambling and lottery products and services International Game Technology (IGT) announced today that its lottery footprint has expanded with the addition of the Michigan Lottery. ‘Extensive Library of Premium iLottery Content’ IGT Global Corporation, a subsidiary of IGT, signed an agreement with the Michigan Lottery to provide the state lottery operator with its […]
Industry
July 26, 2022
Lottery.com’s Lawrence DiMatteo Steps Down as CEO
Lawrence DiMatteo has stepped down as the chief executive officer of Lottery.com after almost a decade in the position. His departure follows the leave of Matthew Clemenson, the company’s chief revenue officer. DiMatteo Led the Company for Years DiMatteo was named CEO of Lottery.com in 2015 and has since headed one of the largest lottery […]
Legal
July 22, 2022
KSA Warned Licensees About Using Promo Games
The Netherlands gambling regulator, the Kansspelautoriteit (KSA), has addressed the use of “promotional games of chance” in gambling. Per Dutch law, such games do not require a permit but are still required to follow certain rules. Promotional Games Should Follow Certain Rules By “promotional games of chance” the KSA refers to bonus contests where people […]
Business
July 22, 2022
Scientific Games and Ecuador National Lottery Join Forces in New Agreement
International lottery systems producer and manager Scientific Games is expanding its relationship with the Ecuador National Lottery through a new partnership agreement with a term of ten years. The recently signed deal will see new lottery product offerings in Ecuador. First-Time Launch of Electronic Draw Games in Ecuador The recently signed 10-year deal between Scientific […]
