Unregulated 4D lotteries are big business in Malaysia these days but their wild popularity comes with price. All this offshore lottery action is costing the Malaysian government hundreds of millions in lost tax revenue. 4-Digits (4D) lotteries are a licensed product of a company called Magnum 4D. The lotteries, which are extremely popular in Malaysia…
Hackers hit the Irish National Lottery with a major distributed denial of service (DDoS) attack last week that disabled the lottery's website, as well as free-standing ticket kiosks. Though the attack was short lived, only about two hours total, its scope should be enough to leave lottery officials plenty shaken. After all, most DDoS attacks…
If you've recently visited the United States of America, you couldn't have done so without hearing about the sky high Powerball lottery which, as of this writing, is hovering at $1.4 billion (USD). That's the largest jackpot in US lottery history and it's certain to climb even higher as the week rolls on. Anyone in…
The state lottery system in the United States is generally regarded as a well run, and thoroughly regulated, arm of the legal gambling industry. In fact, most industry observers credit lotteries with opening up regulated gaming markets throughout the United States where gambling is now legal in 48 states. But a recent scandal involving a…
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…
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