UK online lottery company fizzles

Comment #3

Rip Snorter — Fri, 16 Jun 2006 21:22:21 GMT

Quote: Originally posted by LOTTOMIKE on June 16, 2006 i definitely agree with you there jack.also the UK has different laws than we do here for online gaming.

Mike:

So it would seem. If it's legal there:

A private lottery that doesn't try any monkey tricks or shell games with the money,

just paying out in cash value minus, say, 20 percent operating expenses and profit,

ought to be a license to mint money for the owners and a boon for lottery players.

So, you gotta ask you... [ More ]

Comment #2

LOTTOMIKE — Fri, 16 Jun 2006 17:12:49 GMT

i definitely agree with you there jack.also the UK has different laws than we do here for online gaming.

Comment #1

Rip Snorter — Tue, 06 Jun 2006 14:54:40 GMT

People don't play the national lottery to give money to good causes. If they want to give, they put a pound in the charity box.

Contrary to a long history of contradictory evidence, there's someone in the UK who has a brain.

Jack

UK online lottery company fizzles

Lottery Post — Tue, 06 Jun 2006 13:18:26 GMT

Editor: Lottery Post previously reported that the creators of this 'alternative' UK lottery had allegedly enriched themselves more than the charities the lottery is supposed to support.

Are the owners squeezing out the profits and then leaving the company and its stockholders in the lurch?

It started out as a small but brazen challenger to the national lottery, hoping to capitalize on a stream of damaging stories that have caricatured many of the good causes benefiting from lottery cas... [ More ]