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$2 Billion in Sight: US Lottery Breaks Record

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thelotter $2 Billion in Sight: US Lottery Breaks RecordReading Time: 2 minutes

 

theLotter.com: “Estimated $1.6 billion US Mega Millions jackpot likely to be adjusted upwards due to unprecedented international sales.”

Industry insiders widely expect this week’s record-breaking $1.6 billion jackpot in the US Mega Millions to break through the spellbinding $2 billion threshold before the draw takes place. One of the main factors driving the landmark prize up even further is the colossal number of overseas players participating in the US lottery. theLotter.com has long been one of the main lottery ticket messengers for players from outside of the US.

TheLotter’s spokesman Austin Weaver said: “As the original pioneer we’ve seen the online landscape change rapidly in recent years, with more and more companies seemingly offering US lotteries online, but ‘the proof is in the pudding’: We’re unique as we actually provide paper tickets instead of mere bets, and with winners from Europe, Australia, Canada, Iraq and Latin America , we have proven to be reliable.”

Weaver continues: “We’ve been growing steadily for 15 years, but sales really accelerated in 2016 when Powerball reached $1.58 billion and media outlets from CNN to CBS reported on theLotter’s services. What we’re experiencing right now though, is unheard of. The current Mega Millions jackpot is spurring on more sales from places in Europe than in 2016.”

“With so much money at stake, overseas players tend to turn to theLotter, as we physically purchase tickets as opposed to offering a chance to bet on the draw like our competitors. There’s simply no guarantee at these sort of jackpot levels that a bet is even fully covered by insurance, so how these betting companies will come up with billions in prize money if one of their punters wins remains to be seen. Our paper ticket model may seem old school in the digital age, but there is no risk to players. When one of our customers wins they are flown out to the US to personally claim their prize, ticket in hand. It’s legal, we’ve done it for more than a decade and it’s secure.”

“The current $1.6 billion Mega Millions jackpot is the biggest prize in lottery history. Now it is just a matter of time before we celebrate the first lottery billionaire. The question is: will it be an American?”


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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NSoft’s DPO among top 5 Data Protection Officers

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GC-Awards-Feature-Image NSoft’s DPO among top 5 Data Protection OfficersReading Time: 1 minute

 

GamblingCompliance has announced the official shortlist for the Global Regulatory Awards 2019.  NSoft is proud to announce that Mr. Zlatan Omerspahić, NSoft`s Data Protection Officer (DPO), has been shortlisted in the category: Data Protection Officer or Team of the year.

The nomination complements to all activities Mr. Omerspahić and NSoft, as a company, performed in order to not just be in compliance with the GDPR, but to promote the importance of data integrity and data protection per se.

Zlatan is an acknowledged expert within the legislation field and very fruitful panelist at expert conferences with specific know-how that he gladly shares with other industry professionals. Commenting on the nomination, he said: “This is very exciting! It is a great honor to be nominated for GamblingCompliance´s award and I am very emotional about it. NSoft put trust in me, and all I’ve accomplished in my field of expertise would not be possible without the great support from my colleagues.”

The GamblingCompliance Global Regulatory Awards 2019 will take place at De Vere Grand Connaught Rooms in Central London on May 1st, 2019. This year’s event will host over 400 industry specialist who will celebrate the success of the best ones in 17 award categories.

“This nomination and the awarding ceremony will actually be a wonderful way to celebrate my work anniversary at NSoft which is also on May 1st. I am looking forward to the event,” concluded Mr. Zlatan Omerspahić.

 

To find out more on NSoft contact us at info@nsoft.com or visit NSoft web site and book a meeting.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: NSoft’s DPO among top 5 Data Protection Officers

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Eldorado Resorts and Caesars mull over merger

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9-10 Eldorado Resorts and Caesars mull over mergerReading Time: 1 minute

 

US casino operators Eldorado Resorts Inc. and Caesars Entertainment Corp are in the early stages of discussion on a possible merger, according to sources familiar with the matter.

Caesars has recently agreed to allocate billionaire investor Carl Icahn, who has been pushing the company to sell itself, three board seats to his representatives, and a say on the selection of its next chief executive officer.

Caesars is providing some limited confidential financial information to Eldorado, which is carrying out due diligence on the potential combination of the two companies, the sources said.

Eldorado has yet to make a binding offer for Caesars, and there is no certainty any bid will materialise or that a deal will be successfully negotiated, the sources added, asking not to be identified because the matter is confidential.

Caesars and Eldorado have market capitalizations of $5.4 billion and $3.6 billion, respectively. They also had debt piles of $9.1 billion and $3.3 billion, respectively, as of the end of December.

Caesars declined to comment, while Eldorado did not immediately respond to a request for comment.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Eldorado Resorts and Caesars mull over merger

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Betsson signs partnership with CompetitionLabs

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8-11 Betsson signs partnership with CompetitionLabsReading Time: 1 minute

 

Swedish online betting company Betsson has signed a partnership agreement with CompetitionLabs, a real-time engagement software provider based in the UK. As per the agreement, CompetitionLabs’ tools will power live real-time tournaments and gamification for the Betsson Group.

Julian Steinwender, CompetitionLabs CPO, said this collaboration was one of the software providers most significant. He added: “We are delighted to be powering a whole new approach to engagement with Betsson. Seeing activity going live is really exciting for us and continues our plans for expansion and innovation together.”

Joey Hurtado, Managing Director for the Casino Brands at Betsson Group, said: “The CompetitionLabs platform has given us a powerful and easy to use solution that allows us to provide true real-time engagement and gamification to our customers. Starting with tournaments, we have seen immediate uplift in both customer engagement and GGR. The ability to leverage our whole portfolio of games and their data has enabled a new set of opportunities for innovation and differentiation. This is in line with our strategy of offering our customers with quality products.”

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Betsson signs partnership with CompetitionLabs

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