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El Gordo : Total payouts this year reached Euro 2.52 billion

El Gordo - The Fat One - pays out Euro 720 million to 1,800 residents of Granen
In a draw that has been eagerly anticipated for weeks, the world's largest lottery, El Gordo (the Fat One) in Spain paid out a main prize of Euro 720 million Thursday, with the tiny village of Granen (population 2,062) the winner, creating instant wealth of Euro 440,000 for each of the 1,800 residents who had bought in.
The draw of lucky ticket number 58268 triggered celebrations in the village as the news spread to the winners, each of whom had bought in at Euro 20. Total payouts this year reached Euro 2.52 billion.
The winning number was sung out by pupils of Madrid's Saint Ildefonso School, a former orphanage, in a nationally-televised draw that lasted for more than three hours.
The holders of the winning number all live in and around Granen, a tiny town in the northeastern province of Huesca.
The second award of Euro 1, 250,000 was split between the owners of ticket number 53404 giving each ticket bearer Euro 125,000. These were all sold in Manises in the southeastern province of Valencia.
Thousands of other lucky people walked away with smaller prizes in the lottery, which has become a popular tradition since it began in 1812.
Sales of tickets this year grossed Euro 2.681 billion, representing a small decrease of 0.49 percent compared to 2010.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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