Keno
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Keno is a game of chance like lottery and bingo. Being simple to understand, it is often played in casinos and bingo halls. A player chooses between numbers 1 and 20 and marks a Keno sheet, which contains 80 numbers … Read More

Lottery Tax Rates in European Union
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Ranked from highest to lowest, with comparative-equivalent indications of national tax rates Rank Member State Rate of taxation as a percentage of gross revenue 1. Belgium Reserved to public sector and/or public interest objectives 1. Cyprus Reserved to public sector … Read More

Economics of Gambling in Hungary – Lottery
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Betting and gaming in Hungary is under the authority of the Ministry of Finance and is supervised by the Hungarian Gambling Supervisory Authority. The state lottery, Szerencsejáték Zrt., was founded on 1 January 1991 as the successor to the Sports … Read More

Economics of Gambling in Greece – Lottery
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Greece has casinos, two national lotteries, and several types of gambling on football results as well as horse betting and 14,000 card-playing clubs. The major components of the Greek gambling market are betting, casinos and lotteries. Until relatively recently, much … Read More

Economics of Gambling in Germany – Lottery
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Each of the sixteen regional or lander governments has delegated power to set standards for casinos, lotteries and sports betting. Each lander is free to determine its own tax rate. The average gambling tax is nearly 80%, with some as … Read More

Economics of Gambling in Estonia – Lotteries
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There are currently issued 18 permits for enterprises, which organize gambling-related activities in 163 locations in Estonia. There are also four permits for lottery organisers. Estonian Gambling Market 2003: Company >>> Number of employees >>> Turnover >>> Description Eesti Loto … Read More

Economics of Gambling in Belgium – Lottery
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There are five classes of legal gambling in Belgium, each with licenses offered that are valid for fifteen years. The categories of licenses are: – Class A – Casinos; – Class B – Amusement Arcades; – Class C – Public … Read More

Barriers for Lotteries in EU
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Prohibitions and restrictions Specific prohibitions and restrictions with respect to lotteries include: – Prohibition to establish a branch abroad or acquire a qualified participation in a foreign company if such an acquisition would result in a reduction in revenue from … Read More

Euro Millions
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Participating countries:        founding countries of Euro Millions      countries that joined in October 2004   Euro Millions (also EuroMillions, or Euromillions) is a transnational lottery proposed in nine European countries, making it the largest European lottery, the three-coin set is … Read More

Modern history of lottery
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Harvard Lottery Ticket 1811 American lottery The numbers game operated out of “Policy shops”, exactly where bettors decide on numbers, have been inside the U.S. before 1860. In 1875, a report of a pick committee with the New York State … Read More

Sweepstakes
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A sweepstake is technically a lottery in which the prize is financed by way of the tickets sold. Inside the United States the word has become associated with promotions exactly where prizes are offered away at no cost. In other … Read More

Eurojackpot
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Eurojackpot is the new pan-European lottery. Launched on March 23, 2012, it includes 14 European countries, namely: Croatia, Denmark, Estonia, Finland, Germany, Iceland, Italy, Latvia, Lithuania, the Netherlands, Norway, Slovenia, Spain and Sweden. It is expected to include other European … Read More

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