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El Gordo Lottery Fever
Sunday December 20,2015 : EL GORDO LOTTERY FEVER SWEEPS SPAIN
Annual Christmas mega-lottery set to award prizes worth Euro 2.24 billion this year.
Next week - December 22 - will see the festive annual draw of El Gordo (The Fat One), Spain's mega-lottery which this year will distribute Euro 2.24 billion in prizes to residents of a nation that is still slowly emerging from the global economic crisis. Get Tickets Here
Traditionally the draw, which is conducted as part of a massive television entertainment program, generates wide media coverage and advertising, with Spaniards getting into the spirit of the draw by wearing outlandish costumes, and entertainment that is televised and avidly watched across the country.
The lottery usually commissions a festive season television advert, generally based on the generosity of the human spirit, and portrayed as ensuring that no member of a community is left untouched by the draw...see this year's presentation here:
The unseasonably mild winter weather in Europe this year has encouraged a large turnout of Spaniards prepared to queue at sales points to buy their opportunity to win, and it has reportedly been a busy weekend for retailers.
It's estimated that three-quarters of Spain's 46 million people will take part in Tuesday's lottery. Founded in 1812, El Gordo is now 203 years old, and Spaniards will on average spend Euro 62.72 each to ensure they hold a chance to score in the draw.
Unlike most lotteries, El Gordo is structured to provide a wide range of windfalls rather than a few huge prizes. The top prize is restricted to Euro 400,000 to ensure that more players benefit from the massive prize pool.
Numbers are repeated up to 160 times, meaning each prize can potentially be shared between 160 people, who have a choice of ticket prices ranging from Euro 20 to Euro 200.
In 2013 a cash-strapped Spanish government introduced an unpopular 20 percent tax on winnings over Euro 2,500 which this year is expected to raise around Euro 800 million for struggling government finances.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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