500.com, China's largest online lottery operator, is losing money; lost its CEO; and just saw the price of its stock rise by nearly 30%. This feat is even more impressive when you consider the fact that 500.com hasn't generated revenue of any kind since March, when its business operations were suspended. The company's story is…
The Pennsylvania lottery is looking at expanding its highly successful program with online ticket sales and keno. While state officials believe that the expansion could help beef up revenues that benefit seniors, state employee unions are saying, "Not so fast." What's bothering critics are Governor Tom Corbett's highly secretive attempts to privatize the lottery's online…
[caption id="attachment_29256" align="aligncenter" width="425" caption="North Dakota Begins The Process"][/caption] The government of North Dakota has now starting the process of requesting information on updating and converting its lottery’s online gaming system. To start, an initial RFI has officially gone out which would also include updating all of its associated products, retail network and support services. This…
The lottery niche can be considered as a part of a bigger market – online gambling. Even though taking part in a lottery isn’t exactly gambling, you’re still spending money in hope that you can get a lot more back if you just happen to win. Of course, the odds are not stacked in players’…
[caption id="attachment_27500" align="alignright" width="286" caption="Are you ready for CityVille scratch cards?"][/caption] Zynga is pairing up with MDI Entertainment in a multi-year deal that's aimed at bringing lottery play to social gaming...and social gaming to the lottery. Lottery affiliates, scratch card affiliates, listen up! The multi-year licensing deal gives MDI, a subsidiary of Scientific Games Inc.,…
England has 100 freshly minted millionaires after last Friday night's EuroMillions National Lottery drawing. EuroMillions also set the record for the highest number of millionaires created in a single setting. While 100 winners were drawn, so far only 79 have stepped forward to collect their prize money. Lottery officials are hoping that all the winners…
It's been almost a week now since Mega Millions fever swept the United States. According to Mega Millions officials, three winning tickets were sold, but so far no one has, publicly, produced the winning tickets to claim their share of the $640 million jackpot. Now that the excitement has cooled down, it's worth taking a…
With the Mega Millions jackpot in the inching past the half billion mark, it's safe to say the United States is in the grips of Lotto fever. Gaming affiliates need to keep an eye on this market because it could seriously impact their revenues in the months and year to come. Just last week Illinois became…
Last Sunday the Illinois Lottery became the first American lottery game to begin selling ticket and all indications are that they've got a big hit on their hands. By the end of day Sunday, the first day tickets were available online, sales had topped more than $15,000. Sales are expected to remain strong for the…
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