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El Gordo Lottery Sales Down For 2012

But Spain's biggest lottery still hands out over 27 million individual prizes
Spains giant El Gordo  lottery was drawn Saturday, with the winning numbers 76058, distributing a total jackpot of $2.2 billion, with 43 percent of that going to ticket-holders who matched all five numbers.
This year over 27 million individual prizes will be awarded, despite sales slipping 8 percent to Euro 2.47 billion compared to a 0.5 percent drop in indicator of the tough economic climate in Spain.
Early reports indicated that a working class neighborhood in Alcala de Henares, a university town outside Madrid, had many winners.
The 200-year-old Christmas lottery has awarded 180 jackpots. Tickets are sold in batches that carry the same numbers, so prizes tend to converge geographically.
The government-run lottery is a popular event and one of two major lottery draws. The year begins January 6 with El Nino (The Child) on the Feast of the Epiphany, awarding around Euro 840 million, and ends December 22 with El Gordo.
This year's El Gordo lottery was the last in which the prizes will not be taxed. New government austerity measures include a 20 percent tax on all lottery prizes bigger than Euro 2,500 starting January 1, and this will impact El Nino winners.
The El Gordo draw this year took place at Madrid's Teatro Real opera, and lasted more than three hours, with orphans from the San Ildefonso school chanting the winning numbers.
In related news, across the world in Toronto, Canada, a single ticket bought in the city won the $50 million jackpot in the Ontario lottery this week.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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