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• GAMBLING NEWS ARCHIVE (Nov, 2 - Nov, 9) Jackpots :


• European gambling set to steal the show
Growth rates for Internet gambling outside the US is on the rise, with the UK leading the way in online gaming.

Non-Us e-gambling is expected to surpass US e-gambling before 2004. And experts say that European gamblers are enjoying the fruits of the highly regulated Euro industry, with big wins being recorded.

One woman in Norway won a staggering $124,953 online jackpot, one of the largest e-wins recorded in Europe and equal with the mega-jackpots being claimed in the US.

According US casino website pokermag.com, it is the UK that is leading the way with its encompassing approach to online gaming. It is expected that the UK will have licensed online gaming operators by 2005. [...]

> Read the full story here
Source : ATEOnline.co.uk

• Why Online Jackpots Are “Progressive”
In a special report, finds that online progressive jackpots are a real buzz with more and more online gamblers - the pots grow greater, faster, because of the simultaneous input from any number of online sources.

All that is precisely why the jackpots are called “progressive.” But the actual “progressive” prize is a bonus on top of what a casino may have as its biggest prize wins.

However, there are strings attached to winning a progressive prize. The maximum amount of coins is required before any slots or video poker progressive jackpot can be won. And some progressive games require a top-up fee of $1 on each wager.

That entire aside, online progressive jackpots rival the prizes offered by land-based casino progressive jackpots.

An American online gambler, known only as “TonyP,” is reportedly the greatest winner with his $1.6 million win on the Jackpot Madness Major Millions progressive in May, 2002.

> Read the full story here
Source : GamblingMagazine.com

• Online Gaming is Hot Stock to Buy
Online gaming has been universally identified as the hot stock area in e-commerce over the next five years, with expansion into gambling applications for interactive television singled-out as a potentially huge growth area, the Guardian Unlimited reports.

Channel 4's Late Night Poker show, which attracts more than a million viewers despite a graveyard slot, is working on a range of digital services to ride that wave.

BSkyB is preparing to respond with a massive marketing push to boost its coverage of the upcoming Poker Million tournament, a move that will be accompanied by a raft of services following the company's winning of an interactive gaming licence last month. [...]

> Read the full story here
Source : OnlineCasinoNews.com

• $93 Million And Growing
MEGA MILLIONS, Nov. 6 /PRNewswire/ -- The largest jackpot in the nation has just become even larger, giving Mega Millions players in ten states the opportunity to play for an estimated $93 million jackpot. Even though no ticket matched all six numbers to win Tuesday's jackpot, Mega Millions players still won more than $3 million in just that one drawing.

Tuesday's winning Mega Millions numbers were 02-07-16-28-36 and the Gold Mega Ball Number was 47.

Four tickets came within just one number of hitting the jackpot. They matched the first five numbers and only missed the Gold Mega Ball number. Those tickets each win Mega Millions' second prize of $175,000. Two of those tickets were sold in Illinois, and one each in New Jersey and New York. [...]

> Read the full story here
Source : Yahoo.com



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