Germany debates online gambling

Comment #2

LckyLary — Thu, 21 Dec 2006 02:40:00 GMT

I have a question loosely relating to this.. on this very website there is a link to play any state for 25 cents per ticket . I don't get how they would sell tickets for 1/2 their value (in most states), if they are doing so legally, etc... but I wonder this: when they sell online pick3/pick4 for other states, are they even actually buying tickets? they could be putting everyone's money in their own account and then paying out from that based on the equivalent Lottery payout (w/o the 50pct... [ More ]

Comment #1

cps10 — Thu, 14 Dec 2006 21:16:28 GMT

What are the names of those German lotteries? I used to get hit up by ticket services about 15-20 years ago to buy shares in the tickets. You could buy 1/4 ticket up to a full ticket or more and those suckers were expensive, but seemed lucrative. Or was that a scam? I recall cashing out US $70 one year playing that thing.

Germany debates online gambling

Lottery Post — Thu, 14 Dec 2006 20:39:01 GMT

Premiers from the 16 German states were unable to reach unanimous agreement Wednesday on proposed laws to protect state gambling monopolies by banning online gambling in the country.

The heads of the individual German states met to discuss the ban, which would have to be approved by the federal parliament. Three German states Bavaria, Saxony and Hesse have already introduced state laws. Most of the German states run lucrative monopolistic lotteries and are keen to protect these revenues,