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Record 476 Million Megamillions Lotto
03/28/2012 : NEW RECORD FOR MEGA MILLIONS LOTTERY
Friday's Jackpot currently approaching almost half a billion dollars
This Friday will see Americans betting on what is being claimed as the world's biggest ever lottery prize; Mega Millions has reached $476 million, and the action is likely to be hectic on March 30 as lottery bettors across several states go after the tempting prize.
Despite the phenomenal odds against winning, that sort of wagering frenzy could well drive the prize even higher by Friday's draw, observers opine.
To give a sense of the power of a big money jackpot, they point to the Mega Millions jackpot estimate that raised a staggering $113 million in just one drawing. It normally takes at least 9 consecutive drawings to raise the jackpot by that amount.
The lump-sum cash option of Friday's jackpot is $341.4 million — an increase of $81.6 million from Tuesday.
Friday's record Mega Millions jackpot is the result of an unprecedented 18 consecutive drawings without a top-prize winner. The jackpot started off as a $12 million grand prize on January 27th, and has continued to be drawn without a winner for two months.
Although the jackpot was not hit on Tuesday night, 47 lucky players matched the first 5 numbers for a $250,000 prize apiece.
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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.
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.
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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