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PLAYERS DON'T LOSE IN THIS GAME
SonicWarp , a Shropshire, UK based Internet company claims that players don't lose when playing its new online and continuously running game Treasure Chest, where "the prize fund is added to daily, and a cash prize is up for grabs each and every month."
Players who make a refundable deposit of GBP100 receive a token and (presumably to get around legal issues) 5 multiple choice questions to answer. Once the questions are correctly answered, the player's token is entered into the Treasure Chest, where once a month a token is randomly selected, and the token owner takes the prize fund.
Player's can reclaim their GBP100 deposit at any time and leave the game - hence the "no losers" claim. If the deposit is allowed to ride, it continues to give the player a chance in the monthly draws going forward. Players who introduce others to the game receive bonus tokens, increasing their own chances of winning the monthly prize.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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