Antigua’s argument with the United States over legalising online gambling took a blow for the small nation this week with the World Trade Organization (WTO) informing the twin-island state that it would not be allowed to raise the matter at an upcoming forum, despite a WTO pronouncement on the case some years ago.
Antigua & Barbuda High Commissioner to London, Dr Carl Roberts, said on Monday government had submitted to the WTO Secretariat a request for the matter to be included on the agenda for deliberation.
But feedback on the matter suggests that the country would not be requesting the authorization after all, since the Secretariat, in consultation with the United States, decided that the country’s request was untimely.
“Antigua & Barbuda is a small, developing country, under particular economic stress in these difficult times. We haven’t the resources to maintain a mission here in Geneva, and the prosecution of this case and the pursuit of our rights under the WTO agreements have been expensive, enormously time consuming and difficult.“It is very unfortunate that we were, under all circumstances, denied the ability to present our suspensions request to this body today. We will be back to do so in January,” High Commissioner Roberts said in a Caribbean 360 report on Tuesday.
The WTO had in 2007 awarded Antigua & Barbuda the right to target US services, copyrights and trademarks in retaliation for the online betting ban, with a US$21 million limit on annual trade sanctions.
These proceedings were initiated in 2003, and the WTO ruling found in 2004 and 2005 that the US had violated its 1994 General Agreement on Trade in Services (GATS).
Government had sought the right to impose US$3.4 billion in retaliatory measures, while Washington offered a mere US$500,000.
The WTO has upheld rulings striking down the US ban, but in 2006 Washington prevented US banks and credit card companies from processing payments to online gambling businesses outside the country. According to Dr Roberts, notwithstanding the disappointment at not having the matter addressed, Antigua & Barbuda was again reiterating its position on the matter.
“We did not come to the decision to exercise our suspension rights lightly… What was once a multi-billion dollar industry in our country, employing almost five percent of our population, has now shrunk to virtually nothing,” the High Commissioner said, adding that domestic remote gaming continues to grow in the United States.
He added that for the past several years, since the last WTO proceeding on the matter, the Antigua Government has not been sitting idly by. Nor has it been imposing unrealistic or unbending demands upon the United States.
“Antigua & Barbuda has been working hard to achieve a negotiated solution to this case. We have tabled proposal after proposal to the US government, and attended session after session, in pretty much every case involving our delegation travelling to Washington, DC in hopes of finding some common ground,” Dr Roberts said.
He pleaded to the WTO that to date, the USA has not presented one compromise offer of their own, and in particular the US Trade Representative has made no sincere effort to develop and prosecute a comprehensive solution that would end our dispute.
“We have spent the past five years searching, at great expense and considerable effort for our little country, for the person or persons, the agency or agencies, whomever has the authority and will to work with us to come to a reasonable, just and fair resolution of our dispute,’ Roberts said, noting however, “Sadly we have never found that person, that agency, that whomever.”
The High Commissioner pointed out that the twin-island state maintains that a WTO “member can avoid its obligations to another member under the WTO agreements by simply removing or modifying the part of the agreement that a measure offends, making bilateral arrangements with other members, and leaving the supposedly prevailing member with no remedy at all.”
December 21, 2012
December 20, 2012
Lederer settles with US DOJ
Howard Lederer, the former Full Tilt Poker director & Black Friday is reported to have come to an agreement with the US Attorney for the Southern District of New York in regards to a civil claim filed by the US DOJ.
Whilst agreeing to forfeit the unknown amount of certain bank accounts, vehicles & property, Lederer was not required to admit any wrongdoing.
In an amended civil complaint filed last September, the US Attorney quantified the liability of Lederer in the FTP issue as around $42.5 million.
The settlement agreement also requires Lederer to pay $1.25 million in additional funds, due over the next three years, along with the forfeiture of a vintage automobile, & the proceeds of the sale of two Las Vegas properties.
Also in the agreement from the US DOJ is that Lederer may not work for or take earnings from any internet gambling businesses in the United States until federal law makes the pastime legal, after which he is required to obtain prior authorisation from the appropriate government regulatory body.
Lederer is the second former FTP exec to reach a settlement with the US authoirities – in November Rafe Furst agreed to various forfeitures, but was not required to admit wrongdoing.
Whilst agreeing to forfeit the unknown amount of certain bank accounts, vehicles & property, Lederer was not required to admit any wrongdoing.
In an amended civil complaint filed last September, the US Attorney quantified the liability of Lederer in the FTP issue as around $42.5 million.
The settlement agreement also requires Lederer to pay $1.25 million in additional funds, due over the next three years, along with the forfeiture of a vintage automobile, & the proceeds of the sale of two Las Vegas properties.
Also in the agreement from the US DOJ is that Lederer may not work for or take earnings from any internet gambling businesses in the United States until federal law makes the pastime legal, after which he is required to obtain prior authorisation from the appropriate government regulatory body.
Lederer is the second former FTP exec to reach a settlement with the US authoirities – in November Rafe Furst agreed to various forfeitures, but was not required to admit wrongdoing.
Sportingbet investors anger over senior pay-offs
2012 was the year of the Shareholder Spring and we almost certainly saw the last one of the year on Wednesday as more than 20% of Sportingbet investors staged a rebellion over multi-million pound pay-offs for the betting companies senior executives.
The company is expected to announce as early as Friday that it has accepted a £485m takeover approach from rival William Hill and GVC Holdings.
However, Andrew McIver Sportingbet’s chief executive, and its finance director, Jim Wilkinson, will not have a bad Christmas if the company does accept as they walk away from the group with two years’ worth of salary, bonuses, pension payments and other benefits if they leave as expected following the acquisition.
The bumper two-year pay-offs contravene the UK corporate governance code and attracted the ire of one of the major shareholders, group Pirc.
At Sportingbet’s annual meeting on Wednesday, more than 20% of votes were cast against the company’s remuneration report. It was the second time Sportingbet has received controversy over executive pay and almost 14% of investors voted against its remuneration report at 2011’s annual meeting.
Mr McIver, 49, who has been chief executive of Sportingbet since 2006, could walk away with a severance package worth up to £2.4m if a maximum bonus is approved.
The betting boss also holds more than 3m Sportingbet shares, meaning he stands to bank more than £1.7m in cash and shares if William Hill’s latest offer is accepted.
The three parties have until Friday to agree a deal.
William Hill and GVC recently reduced their offer to 56.1p from 61.1p a share following weaker than expected quarterly results from Sportingbet. The majority of Sportingbet shareholders are expected to receive about 50.4p a share in cash, while the remainder will be paid in GVC shares.
The company is expected to announce as early as Friday that it has accepted a £485m takeover approach from rival William Hill and GVC Holdings.
However, Andrew McIver Sportingbet’s chief executive, and its finance director, Jim Wilkinson, will not have a bad Christmas if the company does accept as they walk away from the group with two years’ worth of salary, bonuses, pension payments and other benefits if they leave as expected following the acquisition.
The bumper two-year pay-offs contravene the UK corporate governance code and attracted the ire of one of the major shareholders, group Pirc.
At Sportingbet’s annual meeting on Wednesday, more than 20% of votes were cast against the company’s remuneration report. It was the second time Sportingbet has received controversy over executive pay and almost 14% of investors voted against its remuneration report at 2011’s annual meeting.
Mr McIver, 49, who has been chief executive of Sportingbet since 2006, could walk away with a severance package worth up to £2.4m if a maximum bonus is approved.
The betting boss also holds more than 3m Sportingbet shares, meaning he stands to bank more than £1.7m in cash and shares if William Hill’s latest offer is accepted.
The three parties have until Friday to agree a deal.
William Hill and GVC recently reduced their offer to 56.1p from 61.1p a share following weaker than expected quarterly results from Sportingbet. The majority of Sportingbet shareholders are expected to receive about 50.4p a share in cash, while the remainder will be paid in GVC shares.
Schleswig Holstein issues 12 online licenses
A total of twelve online operators have all secured online gambling license approval in the German state of Schleswig Holstein. The twelve major gambling operators include, bwin.party, Bet365 and PokerStars, each receiving six-year licences to offer casino and games to the residents of Schleswig Holstein.
A less than enthusiastic Interior Minister, Andreas Breitner, explained that whilst the issue was politically troubling for him, the state had an obligation to respect the existing law, which required that licensing be granted.
However, he again stressed that the intention of the current government is to repeal the existing Gambling Act & re-join the German Treaty.
How such a repeal will sit with the new licensees in legal terms, & for that matter the European Commission, remains to be seen.
A less than enthusiastic Interior Minister, Andreas Breitner, explained that whilst the issue was politically troubling for him, the state had an obligation to respect the existing law, which required that licensing be granted.
However, he again stressed that the intention of the current government is to repeal the existing Gambling Act & re-join the German Treaty.
How such a repeal will sit with the new licensees in legal terms, & for that matter the European Commission, remains to be seen.
Rank may have to sell for Gala deal to proceed
The Rank Group, whom own the Grosvenor Casinos business could be required to find buyers for a number of casinos, or be prohibited from buying these casinos, before its acquisition of Gala Casinos Limited (Gala) can go ahead, after the Competition Commission (CC) provisionally found that the merger could damage competition in six areas of the UK.
In May 2012, Rank announced a deal to acquire from Gala 23 casinos and three ‘cold’ licences (where the operator holds the right to operate a casino in a particular area but does not currently have an operating casino there). The Office of Fair Trading (OFT) referred the case to the CC in August, and although the deal subsequently lapsed, the parties have confirmed that they are still pursuing the merger. Rank and Gala are two of the three large national casino operators in the UK. Following the merger, there would be only two large national casino operators, Rank and Genting.
In its provisional findings published today, the CC has identified five areas where customers could suffer from a substantial lessening of competition (SLC) as a result of Rank taking ownership of previously competing casinos. The five areas are Aberdeen, Liverpool/New Brighton, Stockton-on-Tees, Bristol and Cardiff. In addition the CC has identified an SLC in one area (Edinburgh) where Rank holds a cold licence which would likely be developed into a competing casino in the absence of the merger.
The CC has also found that casinos compete mainly at a local level for customers, particularly on elements such as customer service and promotions.
As well as the provisional findings, the CC has published a notice of possible remedies, which sets out ways in which the CC might address the loss of competition in the areas concerned. The options identified include requiring Rank to find buyers for casinos in the five areas identified-as well as for the Edinburgh cold licence-before being allowed to com-plete the deal. The notice also includes the possibility of the casinos in affected areas being excluded from the transaction or the whole deal being blocked.
Chairman of the Rank/Gala Inquiry Group and CC Deputy Chairman, Professor Martin Cave said:
‘We have found that casinos vary their offer in response to local competitive conditions and while there is limited scope to compete on price, casinos try to attract customers through customer service, promotions, events and the range of games available.
‘Our concern is that with two of the national players merging, this will leave a number of areas with much reduced competition where casino customers could consequently lose out through a poorer casino offer.
‘We are now going to look at the most effective way to preserve competition in these areas and whether this can be achieved in a way that allows an amended version of the deal to go ahead.’
The CC is expected to publish its final report by 20 February 2013.
In May 2012, Rank announced a deal to acquire from Gala 23 casinos and three ‘cold’ licences (where the operator holds the right to operate a casino in a particular area but does not currently have an operating casino there). The Office of Fair Trading (OFT) referred the case to the CC in August, and although the deal subsequently lapsed, the parties have confirmed that they are still pursuing the merger. Rank and Gala are two of the three large national casino operators in the UK. Following the merger, there would be only two large national casino operators, Rank and Genting.
In its provisional findings published today, the CC has identified five areas where customers could suffer from a substantial lessening of competition (SLC) as a result of Rank taking ownership of previously competing casinos. The five areas are Aberdeen, Liverpool/New Brighton, Stockton-on-Tees, Bristol and Cardiff. In addition the CC has identified an SLC in one area (Edinburgh) where Rank holds a cold licence which would likely be developed into a competing casino in the absence of the merger.
The CC has also found that casinos compete mainly at a local level for customers, particularly on elements such as customer service and promotions.
As well as the provisional findings, the CC has published a notice of possible remedies, which sets out ways in which the CC might address the loss of competition in the areas concerned. The options identified include requiring Rank to find buyers for casinos in the five areas identified-as well as for the Edinburgh cold licence-before being allowed to com-plete the deal. The notice also includes the possibility of the casinos in affected areas being excluded from the transaction or the whole deal being blocked.
Chairman of the Rank/Gala Inquiry Group and CC Deputy Chairman, Professor Martin Cave said:
‘We have found that casinos vary their offer in response to local competitive conditions and while there is limited scope to compete on price, casinos try to attract customers through customer service, promotions, events and the range of games available.
‘Our concern is that with two of the national players merging, this will leave a number of areas with much reduced competition where casino customers could consequently lose out through a poorer casino offer.
‘We are now going to look at the most effective way to preserve competition in these areas and whether this can be achieved in a way that allows an amended version of the deal to go ahead.’
The CC is expected to publish its final report by 20 February 2013.
December 17, 2012
bwin.party and Belgian Gambling Commission will quarrel no more
Online gaming firm bwin.party digital entertainment has solved its Belgian woes by agreeing a deal with Belcasinos that will see the two collaborating to offer services in the country’s regulated gambling market. The land-based firm is a subsidiary of Groupe Partouche and it will give bwin.party the chance to offer online sports betting, poker and casino games using their brands in Belgium. (N.B. It wasn’t like they weren’t offering them before, they just realized after arrest-gate that Belgian meant business).
The deal has been rubber stamped by the Belgian Gambling Commission with the company’s sites “in the process” of being removed from the BGC’s blacklist. After the agreement Jim Ryan and Norbert Teufelberger, co-CEOs of bwin.party, added: “Following recent developments in Belgium and after further dialogue with the local regulator, we have put our differences of opinion behind us and are now focused on the immediate commercial opportunity.”
The “difference in opinion” relates to the fact that bwin.party continued to operate in the country unlicensed for some time and saw its sites put on the country’s blacklist of unlicensed sites. It culminated in the soon-to-be-lone CEO Teufelberger being detained for questioning by Belgian cops at the behest of BGC. Being detained in Belgian could have far reaching effects with some thinking the US regulators won’t look kindly upon it when they try to gain a licence in any state that decides to regulate.
Partouche now has a number of partnerships in the Belgian market with the bwin.party agreement added to another with WMS-owned Jackpot Party. These are in addition to the firm’s own partouche.be offering. Jacques Frojman, CEO of Belcasino and Partouche Belgium added: “bwin.party is a market leader in online gaming with strong brands in sports betting, poker and casino. We are thrilled to be working with such a quality partner in Belgium.”
The damage may already be done for bwin.party as the US regulatory system won’t look kindly upon the company CEO being harangued by various police forces over the past decade or so. This is before you take into account their selective compliance with regulatory regimes across their most important market – Europe. November and December has been an eventful couple of months for bwin.party and things aren’t about to slow down in 2013 in what will be a pivotal year for the company.
The deal has been rubber stamped by the Belgian Gambling Commission with the company’s sites “in the process” of being removed from the BGC’s blacklist. After the agreement Jim Ryan and Norbert Teufelberger, co-CEOs of bwin.party, added: “Following recent developments in Belgium and after further dialogue with the local regulator, we have put our differences of opinion behind us and are now focused on the immediate commercial opportunity.”
The “difference in opinion” relates to the fact that bwin.party continued to operate in the country unlicensed for some time and saw its sites put on the country’s blacklist of unlicensed sites. It culminated in the soon-to-be-lone CEO Teufelberger being detained for questioning by Belgian cops at the behest of BGC. Being detained in Belgian could have far reaching effects with some thinking the US regulators won’t look kindly upon it when they try to gain a licence in any state that decides to regulate.
Partouche now has a number of partnerships in the Belgian market with the bwin.party agreement added to another with WMS-owned Jackpot Party. These are in addition to the firm’s own partouche.be offering. Jacques Frojman, CEO of Belcasino and Partouche Belgium added: “bwin.party is a market leader in online gaming with strong brands in sports betting, poker and casino. We are thrilled to be working with such a quality partner in Belgium.”
The damage may already be done for bwin.party as the US regulatory system won’t look kindly upon the company CEO being harangued by various police forces over the past decade or so. This is before you take into account their selective compliance with regulatory regimes across their most important market – Europe. November and December has been an eventful couple of months for bwin.party and things aren’t about to slow down in 2013 in what will be a pivotal year for the company.
December 14, 2012
Betfair to take new direction off the back of steady results
UK exchange betting specialists Betfair expect full year results to be lagging behind the previous year as the company’s sluggish performance continued through the first half of the year. Group revenue grew just 5 percent to £200.6million with various regulatory problems meaning the firm’s underlying operating profit dropped by 25 percent to £19.6million. The group expects the uncertainty to continue for the rest of the year with the “ongoing impact” of regulation costing them £3.5million every month.
Sports continued their strong performance with revenue up 8 percent in the period with football revenue, driven by Euro 2012 and a higher number of lower-league fixtures, increasing by 15 percent. Mobile continued its triple-figure growth with a 108 percent increase in revenue to £18.1million as 50 percent of UK and Irish customers used a mobile to place a bet. Over 20 percent of casino customers now use mobile as well. Games revenue wasn’t so lucky as it dropped by 2 percent after being “significantly affected by regulation” and poker revenue took a hit with revenue down 11 percent.
The performance has led them to identify various parts of the business that need looking at. They will try to reinvigorate the business by focusing on regulated jurisdictions to “increase sustainability of revenues” whilst at the same time making sure to “invest in product and brand to enhance our competitive position and drive growth”. The group will also “introduce greater accountability and become a leaner and more dynamic business”. To that end they’ve identified circa £20million worth of savings already and CEO Breon Corcoran commented that he is “excited to be leading Betfair through this change.” The first savings will involve ceasing investment in financial trading firm LMAX and social gaming business Kabam.
All of the doom and gloom means that drowning ones sorrows will be at the top of the agenda when the full year results come out in April. The company expects these to be lower than the previous year with group revenue estimated to fall between £370million and £385million and underlying EBITDA between £65m and £70m. Luckily for Betfair the market doesn’t seem too fussed by the results and their share price rose this morning by 1.18 percent to 773p. Every cloud.
Sports continued their strong performance with revenue up 8 percent in the period with football revenue, driven by Euro 2012 and a higher number of lower-league fixtures, increasing by 15 percent. Mobile continued its triple-figure growth with a 108 percent increase in revenue to £18.1million as 50 percent of UK and Irish customers used a mobile to place a bet. Over 20 percent of casino customers now use mobile as well. Games revenue wasn’t so lucky as it dropped by 2 percent after being “significantly affected by regulation” and poker revenue took a hit with revenue down 11 percent.
The performance has led them to identify various parts of the business that need looking at. They will try to reinvigorate the business by focusing on regulated jurisdictions to “increase sustainability of revenues” whilst at the same time making sure to “invest in product and brand to enhance our competitive position and drive growth”. The group will also “introduce greater accountability and become a leaner and more dynamic business”. To that end they’ve identified circa £20million worth of savings already and CEO Breon Corcoran commented that he is “excited to be leading Betfair through this change.” The first savings will involve ceasing investment in financial trading firm LMAX and social gaming business Kabam.
All of the doom and gloom means that drowning ones sorrows will be at the top of the agenda when the full year results come out in April. The company expects these to be lower than the previous year with group revenue estimated to fall between £370million and £385million and underlying EBITDA between £65m and £70m. Luckily for Betfair the market doesn’t seem too fussed by the results and their share price rose this morning by 1.18 percent to 773p. Every cloud.
December 12, 2012
888 friends Facebook for real money launch
UK-listed online gaming operator 888 is to launch a portfolio of real-money gaming products on Facebook targeting British consumers.
The agreement with Facebook is a major coup for 888, which becomes only the second real-money gambling provider to reach such a deal with the world’s largest social network.
888 will utilise its existing social gaming operation Mytopia to offer its real-money bingo, casino and slot games on the UK Facebook platform, but interestingly, not poker.
888 will initially offer its Bingo Appy branded app via the platform, with a casino offering including slots and other popular games scheduled to follow shortly.
“888 has long recognised the potential for social gaming,” said 888 chief operating officer Itai Frieberger. “Our Facebook freemium (play-for-fun) offerings have found a significant audience, and we are very excited by the opportunity that real money gaming on Facebook provides.
“We are working closely with Facebook on this launch, ensuring we introduce the best of both worlds of real money and social gaming.”
Julien Codorniou, head of games partnerships for Facebook in Europe, added: “Facebook is a great platform for playing games and with your friends and we are really pleased to be working with 888, who have a strong reputation on both the quality and safety of their games.”
Shares in 888 Holdings plc (Co. Data) (LSE:888) were trading up 0.92 per cent in London this morning shortly after the announcement at 110.25 pence per share.
The agreement with Facebook is a major coup for 888, which becomes only the second real-money gambling provider to reach such a deal with the world’s largest social network.
888 will utilise its existing social gaming operation Mytopia to offer its real-money bingo, casino and slot games on the UK Facebook platform, but interestingly, not poker.
888 will initially offer its Bingo Appy branded app via the platform, with a casino offering including slots and other popular games scheduled to follow shortly.
“888 has long recognised the potential for social gaming,” said 888 chief operating officer Itai Frieberger. “Our Facebook freemium (play-for-fun) offerings have found a significant audience, and we are very excited by the opportunity that real money gaming on Facebook provides.
“We are working closely with Facebook on this launch, ensuring we introduce the best of both worlds of real money and social gaming.”
Julien Codorniou, head of games partnerships for Facebook in Europe, added: “Facebook is a great platform for playing games and with your friends and we are really pleased to be working with 888, who have a strong reputation on both the quality and safety of their games.”
Shares in 888 Holdings plc (Co. Data) (LSE:888) were trading up 0.92 per cent in London this morning shortly after the announcement at 110.25 pence per share.
December 11, 2012
Bayern Munich have been declared Bundesliga champions by one betting company
Bayern Munich have been declared Bundesliga champions by one betting company before the halfway stage of the season.
Bayern take an 11-point advantage into the last round of matches in 2012 and anybody who had placed a bet on them winning the league with myBet can enjoy an early Christmas present as the company is already paying out.
"Bayern's dominance and the quality and strength in depth they have in their squad speaks for itself," said myBet's general manager Edward Mifsud on sport.de.
"No other Bundesliga club can compete with them this season."
Bayern are already 14 points clear of defending champions Borussia Dortmund - who managed to overturn an eight-point deficit on the Bavarians last season, but are looking unlikely to bridge an even greater gap this time around.
"It's not only the advantage on second place, but it is also their huge goal difference of plus 37 which earns them an extra point," added Mifsud.
Dortmund's 81-point Bundesliga record from last season is also under threat with Bayern, who have lost only once all season, already on 41 points with one game to go before the halfway stage of the season.
Bayern take an 11-point advantage into the last round of matches in 2012 and anybody who had placed a bet on them winning the league with myBet can enjoy an early Christmas present as the company is already paying out.
"Bayern's dominance and the quality and strength in depth they have in their squad speaks for itself," said myBet's general manager Edward Mifsud on sport.de.
"No other Bundesliga club can compete with them this season."
Bayern are already 14 points clear of defending champions Borussia Dortmund - who managed to overturn an eight-point deficit on the Bavarians last season, but are looking unlikely to bridge an even greater gap this time around.
"It's not only the advantage on second place, but it is also their huge goal difference of plus 37 which earns them an extra point," added Mifsud.
Dortmund's 81-point Bundesliga record from last season is also under threat with Bayern, who have lost only once all season, already on 41 points with one game to go before the halfway stage of the season.
December 10, 2012
Euromillions takes the lottery international
Euromillions has launched a new website, which expands its lottery currently spanning 9 European countries across the globe, significantly increasing the player and prize pool.
The Euromillions lottery has been around for almost ten years and has become one of the largest lotteries in the world. With the launch of Euromillions.com, the lottery has become easier to play as it grows and reaches a wider audience. Euromillions.com makes the lottery available to players worldwide while providing user friendly features to simplify the lottery playing process.
Prior to the launch of the website, Euromillions lottery tickets were only available for in person purchase in any of the 9 participating European countries. During this time, the lottery grew in popularity and prize sums increased rapidly.
The website offers lottery ticket purchase to qualified players anywhere in the world and conveniently deposits winnings into a player’s bank account. This represents a marked break from traditional methods of playing lotteries, when a player would have to collect winnings in person. No more pesky trips to Europe. Then again, after winning a lottery trips to Europe may not be so pesky anymore.
Additionally, purchasing tickets online offers a degree of security that could not be conferred with physical tickets. A physical ticket added the risk of suspicious persons finding and redeeming a player’s ticket. Euromillions avoids this by connecting a virtual ticket to its purchaser. These feature will certainly attract players who would prefer to avoid the hassle of traditional lotteries.
The online convenience that Euromillions provides only sweetens the deal for lottery players. With jackpots that can reach €190 million and a generous prize structure with 13 categories, there are huge prize pools at stake.
The Euromillions website is laid it out in an easy-to-follow format that walks players through 4 easy steps to purchase a ticket. It also serves as an outlet for Euromillions related stories and keeps players up to date on the lottery drawings and news. By streamlining the process, the website will increase the number of players and also the prize sums.
The Euromillions lottery has been around for almost ten years and has become one of the largest lotteries in the world. With the launch of Euromillions.com, the lottery has become easier to play as it grows and reaches a wider audience. Euromillions.com makes the lottery available to players worldwide while providing user friendly features to simplify the lottery playing process.
Prior to the launch of the website, Euromillions lottery tickets were only available for in person purchase in any of the 9 participating European countries. During this time, the lottery grew in popularity and prize sums increased rapidly.
The website offers lottery ticket purchase to qualified players anywhere in the world and conveniently deposits winnings into a player’s bank account. This represents a marked break from traditional methods of playing lotteries, when a player would have to collect winnings in person. No more pesky trips to Europe. Then again, after winning a lottery trips to Europe may not be so pesky anymore.
Additionally, purchasing tickets online offers a degree of security that could not be conferred with physical tickets. A physical ticket added the risk of suspicious persons finding and redeeming a player’s ticket. Euromillions avoids this by connecting a virtual ticket to its purchaser. These feature will certainly attract players who would prefer to avoid the hassle of traditional lotteries.
The online convenience that Euromillions provides only sweetens the deal for lottery players. With jackpots that can reach €190 million and a generous prize structure with 13 categories, there are huge prize pools at stake.
The Euromillions website is laid it out in an easy-to-follow format that walks players through 4 easy steps to purchase a ticket. It also serves as an outlet for Euromillions related stories and keeps players up to date on the lottery drawings and news. By streamlining the process, the website will increase the number of players and also the prize sums.
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