Tiny village hits El Gordo lottery jackpot
A remote Spanish farming village today became several million dollars richer after each of its 25 inhabitants won a share of the top prize in the world's biggest lottery, El Gordo.
The church bells rang in Rebollo de Duero, in the central Spanish province of Soria, as the handful of farming families celebrated their good fortune.
Soria is one of western Europe's most sparsely inhabited regions, with many villages abandoned completely by their inhabitants over the past half century.
I d ...
Dec 23, 2006, 8:54 pm - Lottery News forum
Spain goes bullistic as big, fat lottery faces bald truth
The Bald One has left the Fat One. Now everyone's talking.
For the past eight years, Spaniards have been cajoled into buying lottery tickets in El Gordo (the Fat One) the world's richest annual lottery draw by advertisements featuring El Calvo (the Bald One), a silent, mysterious figure showering good fortune at random upon Spaniards as a symbol of the Fat One's beneficence.
But the Bald One, it seems, became too famous for his own good.
Despite being one of the best-known faces on ...
Dec 20, 2006, 12:36 pm - Lottery News forum
Germany debates online gambling
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, ...
Dec 14, 2006, 3:39 pm - Lottery News forum
Australian lottery sale proposal 'a gamble'
A NSW opposition plan to sell NSW Lotteries to help pay for drought projects would amount to a gamble on the security of the state's water resources, Premier Morris Iemma says.
Opposition Leader Peter Debnam wants to sell NSW Lotteries, from which the government earned $381 million in 2005/06, to help pay for a $1 billion drought-proofing water fund.
It's expected a coalition government would earn around $800 million from the sale, details of which Mr Debnam will finalise after consulting ...
Dec 11, 2006, 7:45 am - Lottery News forum
Despite dire predictions, Net gambling not changed by new U.S. law
When President George W. Bush signed the Unlawful Internet Gambling Enforcement Act in October, many reports gave the impression it sounded like the death knell for the multibillion-dollar Web-based gambling industry.
On the contrary, all it did was strictly regulate the process by which funds are transferred from users of the sites to the offshore companies which own and operate them. The practice itself wasn't declared illegal.
Reputable foreign companies wh ...
Dec 8, 2006, 10:56 am - Lottery News forum
Wife Orders Hit on Russian Lottery Winner
An angry Russian woman from the small town in the Caucasus hired a criminal to kill her ex-husband who had won a million rubles in a lottery, the News.ru website reported Friday.
48-year-old retired military officer Alexei Rykov had bought just one lottery ticket as a present for his own birthday and the ticket proved to be lucky the man won one million rubles (about $37,000). He used the money to buy an apartment (until then the family was renting) and a car.
After a while his wife Irin ...
Nov 3, 2006, 8:54 am - Lottery News forum
Male nurse wins record German lottery jackpot
The biggest jackpot in the history of Germany's national lottery went to a male nurse.
A 41-year-old male hospital nurse who is the father of three children, organizers said Tuesday, three days after the winning number was drawn. The man had phoned the West Lotto company from the hospital in the western Westphalia region during the morning, but asked that his name not be published.
In the city of Muenster, West Lotto spokesman Elmar Bamfaste said the winner of the 37.7 million euro (US$47 ...
Oct 12, 2006, 4:24 pm - Lottery News forum
Poland faces EU legal action over foreign lottery tax laws
The European Commission has said Poland must end discriminatory taxation against foreign lottery winnings or face legal action.
Currently, winnings from lotteries in other member states are subject in Poland to higher taxation than winnings in domestic lotteries.
Poland exempts winnings from domestic lotteries or subjects them to a flat rate tax of 10 pct, whereas winnings from lotteries in other member states are taxed at the progressive income tax rates of 19 to 40 pct.
The commissio ...
Oct 12, 2006, 1:55 pm - Lottery News forum
Costa Rica not caving to U.S. gambling arrests
Costa Rica finds itself in the middle of the fight between U.S. authorities and the online gambling industry.
Think of Costa Rica and flashes of colorful birds, bright beaches and long hikes through the rain forest come to mind.
But several recent arrests and indictments have thrust the country into the spotlight for another, less savory reason: its cozy relationship with the online gambling industry. The industry is under fire from U.S. authorities, helping create the notion that this sma ...
Sep 25, 2006, 2:27 pm - Lottery News forum
Brazil lottery cancels GTECH contract over Lottomatica acquisition
GTECH Holdings Corp., which has agreed to be bought by Italy's Lottomatica, said on Tuesday that its contract to provide lottery services to its largest customer, Brazil, will not be renewed.
The contract will expire on Aug. 13, the company said in a filing with the U.S. Securities and Exchange Commission.
Its subsidiary, GTECH Brasil Ltda, has provided lottery services to the operator of Brazil's national lottery, Caixa Economica Federal, since 1997.
Revenue from the contract accounted ...
Aug 9, 2006, 9:39 am - Lottery News forum