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Gambling News - 'Lottery'
Lottery
May 12, 2022
Camelot Says It Will Go Bankrupt if National Lottery License Goes to Allwyn
Camelot, the current operator of Britain’s National Lottery is concerned about losing the license bid to Allwyn. Devastated by its loss, the former company presented its case to the court, claiming that the United Kingdom’s Gambling Commission has been unfair. During one of the latest days of the trial, Camelot claimed that losing the lottery […]
Industry
May 12, 2022
Tabcorp’s Investors Voted in Favor of the Lottery Demerger
Tabcorp, Australia’s lottery operator, will likely demerge its lottery from its gambling business. Almost all shareholders have approved the move and its fate is now up to the court. Tabcorp’s Investors Approved the Demerger Tabcorp’s plan is to establish its lottery business as a separate company called “The Lottery Corporation.” The investors were overwhelmingly in […]
Casino
May 12, 2022
Evoplay Enters in Italy as It Pivots Towards Europe
Evoplay is doubling down on its European expansion with the developer’s unique gaming content heading into the Italian market after receiving authorization from the official gaming regulator. The company is gearing up to launch in the highly-competitive and lucrative market for igaming products which will further extend its presence in Europe. Evoplay Clears All Regulatory […]
Lottery
May 11, 2022
UKGC’s Haste to Crown Allwyn as National Lottery Operator May Hurt Good Causes
The fight for Britain’s National Lottery license continues as competitors persistently dispute Allwyn’s victory. The UKGC plans to ask the court to speed up the process but some fear this will have negative consequences. The UKGC Wants to Waste no More Time Allwyn, formerly Sazka, is a Czech company that dethroned Camelot as the operator […]
Lottery
May 10, 2022
Man, Believed to Have Won the Lottery Found Dead in Philadelphia, PA
A young man from South Philadelphia, Pennsylvania was found dead last week. The male was missing since April and it is believed he won a hefty $1 million prize from the lottery just before disappearing. Police Investigates the Death of 25-Year-Old Male from South Philadelphia Francis Decero, a 25-year-old South Philadelphia resident had been missing […]
Legal
May 10, 2022
Ex-Camelot CEO Says Legal Dispute Could Cost UKGC $1.2B
The looming court battle between the UK Gambling Commission and Camelot over the fourth UK National Lottery selection bid will surely have its repercussions. The immediate fears are that the Gambling Commission would need to tap into good causes money in order to fend off the court challenge issued by the outgoing lottery operator, that […]
Lottery
May 6, 2022
Australian Gambling Expert Talks Downsides of Lottery Winnings
Australia keeps its name in the gambling news cycle with another lottery win in the Goldfields–Esperance region – maybe that’s where the “gold” in the name comes from. Kalgoorlie – Boulder Winners Galore News about lottery winnings often make big headlines, but they rarely come with a deeper analysis of what the win actually means […]
Industry
May 5, 2022
UK National Lottery Contributed 11% Less to Good Causes in Q4, 2021
Britain’s Gambling Commission (UKGC) has announced the National Lottery Good Causes figures for the last quarter of the previous fiscal year (January-March 2022). It turns out the funding for good causes and charities continues to decline. The Money Donated by the Lottery Declined The commission said that the money raised by the National Lottery sits […]
Lottery
May 3, 2022
Colleagues Cut Pizza Guy out of Pool Lottery Winnings
Doing business with family and friends sounds like a great idea, but things can get ugly really quickly. This applies to colleagues pitching in to buy a lottery ticket and winning CA$1 million ($780,000). And, when you have 17 people participating, you are bound to have someone kick up a fuss. Former Pizza Delivery Guy […]
Lottery
April 29, 2022
Powerball Winner Takes Home $473.1M Prize Pool
Life-changing. This is how the winner of the Powerball’s $473.1 million jackpot must describe the news that they had won. The winner, who is based in Arizona, will have the option to claim the money as a lump sum or receive 30 payments over the next 29 years. The benefit of a lump sum is […]