• Saturday's Powerball Jackpot Now $90 Million

MIDDLETOWN, Pa.--(BUSINESS WIRE)--Dec. 5, 2002--No ticket won the top prize in the December 4, 2002, Powerball® drawing by matching all five white balls, 13-20-21-35-40, plus the red Powerball®, 35. The estimated jackpot rolls to $90 million for the Saturday, December 7, 2002, drawing. The cash option continues to grow as well, and a single winner of this Saturday's drawing could take home an estimated $47.9 million cash - the largest, single, one-time cash winnings payment ever offered by the Pennsylvania Lottery in its nearly 31-year history! All players who purchased the PowerPlay® option for Wednesday night's Powerball® drawing saw their cash prize winnings quadruple when 4 was selected as the PowerPlay® number. [...]

> Read the full story here Source : Yahoo.com

• Paypal Irritates Online Gaming

Although internet gambling has not been approved by any state in the U.S., analysts say that the U.S. market takes up 65% of online gambling. State attorneys are trying to curb online gambling by targeting companies like Paypal that help online gamblers play more easily. This action by state attorneys is due to the fact that prosecuting gambling behavior is difficult because the legality of gambling online is nebulous. Congress has not been able to pass clear cut laws regarding the legality of internet gambling. Due to this "up in the air" status of online gambling in the U.S., casino advertising online has been cutback. For example, Yahoo took away its ads on virtual casinos. Gaming council sources say that online gambling is here to stay and that it would be wiser for the U.S. government to legalize online gambling to rid the market of fraud and criminal activites such as money laundering. Also, the council believes that by legalizing internet gambling more taxes could be raised. [...]

> Read the full story here Source : OnlineCasinoReports.com

• Vegas casinos bet on the net

Las Vegas is a city consumed by gambling. Behind the glittery facade of its casinos there are dozens of ways in which this obsession in played out. Over the years technology has played a role in making the offerings ever more inventive. Yet until recently the entertainment corporations which run the Vegas casinos had been reluctant to embrace the clicks-and-mortar world of internet gaming. "Many operators here aren't used to the challenges of being an online company," said Anthony Cabot, a lawyer specialising in gambling legislation. "The second major challenge is obviously legal. Unfortunately the position of the Department of Justice is that all gambling by US companies from the US is illegal." [...]

> Read the full story here Source : News.BBC.CO.UK

• All-New Quartermania so Hot it Sizzles

CLAS VEGAS, Dec. 3 /PRNewswire-FirstCall/ -- "These new Quartermania® games are hotter than Hades," said John Sears, IGT's (NYSE: IGT - News) vice president of MegaJackpots(TM), "which is, well, appropriate since one of them is called Diablo Diamonds(TM)." Sears was referring to the fact that the new Quartermania® MegaJackpots(TM) theme hit twice on Sunday, paying the lucky winners over $200,000 each. IGT is the company that developed Quartermania® and 19 other statewide progressive systems in Nevada. The first jackpot came early Sunday morning at the Las Vegas Flamingo when Tracy Gray of Lenoir, N.C., won a $226,000 Instant Winner MegaJackpots(TM) award. Then, just before midnight, James McKee of Lewisburg, Ohio, was playing Quartermania® at the Stardust when the progressive hit again. He walked away with more than $201,000. When the progressive amount is won, Quartermania® resets at $200,000. "The new games have only been 'live' for less than a week," Sears said, "so it's remarkable that we already have two MegaJackpots(TM) winners. It indicates that Quartermania(TM) is back on the players' hit parade." [...]

> Read the full story here Source : Yahoo.com

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