Posts From: February 2020

Vereeni Investments acquires stake in Megalotto

Venture capital fund Vereeni Investments has acquired a six-figure stake in Malta-based lottery and gaming brand Megalotto. Built on the Gaming Innovation Group (GiG) platform, Megalotto is backed by well-known...

Lotto
British Columbia Lottery increases deposit limit to move players away from unregulated markets

British Columbia Lottery Corporation operating PlayNow.com, the only regulated online gambling site in British Columbia, is increasing its weekly transfer-in limit to expand its appeal and move high limit players...

Lotto
Sazka Group preparing bid to run UK National Lottery

Sazka Group has hired City advisers to prepare an offer to take the licence from Camelot in 2023. A spokesman for Sazka which runs national lotteries in Greece, Italy, Cyprus,...

Lotto
Pennsylvania launches online lottery ticket sales

Pennsylvania Lottery officials have announced that players will now be able to purchase Powerball and Mega Millions tickets online through the iLottery platform at pailottery.com.“We are excited to announce that...

Lotto
Scientific Games launch gaming system for Lotto Baden-Württemberg

Scientific Games has finalized a new five-year technology agreement with lottery partner Baden-Wurttemberg Lotto in Stuttgart in southwest Germany. The Company will launch its advanced, new SYMPHONY gaming systems technology,...

Lotto
The Multi Group Suspends Operations in Sweden

500.com has announced that the The Multi Group, a Malta-based subsidiary of the Company, has temporarily suspended its operations in Sweden as TMG did not complete the eGaming license renewal...

Lotto
LOTTO remains the most popular German game of chance

The 16 lottery companies that are united in the German Lotto and Totoblock (DLTB) were able to make at least two people happy on average every week. Overall, stakes of just...

Lotto
500.com responds to casino bribery scandal

500.com has formed a Special Investigation Committee to internally investigate alleged illegal money transfers and the role played by consultants following the arrest of one consultant also a former director...

Lotto
myLotto24 agrees €54m tax payment to limit risk of fines

myLotto24 a wholly-owned subsidiary of ZEAL, has entered into an agreement with the competent tax authority (Finanzamt) Hanover-Nord, which eliminates the risk of potential fines for late payment of taxes and...

Lotto
Scientific Games signs seven year iLottery deal with Pennsylvania Lottery

Scientific Games and the Pennsylvania Lottery has awarded the company a new contract for iLottery online/mobile games following a highly competitive procurement process. Scientific Games launched the Lottery’s iLottery program...

Lotto