Monthly Archives: January 2016

Lithuania tightens screws on int’l online gambling operators

Lithuania has become the latest European Union jurisdiction to tighten the screws on international online gambling operators.

On Jan. 1, Lithuania began enforcing recent amendments to the country’s gaming laws, which gave government agencies greater powers to take action against gambling operators not explicitly authorized to serve local punters.

The Gaming Control Authority (GCA), a branch of the Ministry of Finance, has been given free reign to legally compel internet service providers to block unauthorized gambling sites, with promises of penalties to be meted out to ISPs who don’t toe the line. Similarly, banks and other payment processing institutions are now legally required to block all transactions to and from unapproved gambling sites.

In keeping with some of its EU neighbors, the GCA has vowed to publish a blacklist of online operators who flout the new restrictions.

Johanne Eklund of Merritt Island, Fla., buys her Powerball

Huge Powerball jackpot goes up by $50M The ginormous Powerball grand prize climbed to a cool $450 million Tuesday after 17 drawings without a winner. Check out this story on lcsun-news.com: http://usat.ly/1R9XnIv Johanne Eklund of Merritt Island, Fla., buys her Powerball tickets Jan. 5, 2016, for the next night’s $450 million jackpot from K&D Discount Beverage on Merritt Island.

Johanne Eklund of Merritt Island, Fla., buys her Powerball

Huge Powerball jackpot goes up by $50M The ginormous Powerball grand prize climbed to a cool $450 million Tuesday after 17 drawings without a winner. Check out this story on lcsun-news.com: http://usat.ly/1R9XnIv Johanne Eklund of Merritt Island, Fla., buys her Powerball tickets Jan. 5, 2016, for the next night’s $450 million jackpot from K&D Discount Beverage on Merritt Island.

Dallas Stars Foundation hosts 17th annual Casino Night presented by Park Place Lexus

The 17th Annual Dallas Stars Casino Night presented by Park Place Lexus will be held on January 12 at Park Place Lexus Plano. The event benefits the Dallas Stars Foundation and features the entire team including players, coaches, play-by-play announcers, and front office staff serving as casino dealers at tables throughout the night.

Dallas Stars Foundation hosts 17th annual Casino Night presented by Park Place Lexus

The 17th Annual Dallas Stars Casino Night presented by Park Place Lexus will be held on January 12 at Park Place Lexus Plano. The event benefits the Dallas Stars Foundation and features the entire team including players, coaches, play-by-play announcers, and front office staff serving as casino dealers at tables throughout the night.

Cricket Australia guards bets on Big Bash League

Cricket Australia is keeping the enemies closer as it meet with unregulated international bookmakers to monitor the expected $3 billion bets on Big Bash League.

Cricket Australia is reportedly in talks with international bookmakers such as Philippines’ based SBOBET and the Caribbean-based Pinnacle Sports to better track the level of wager they have been taking on the Big Bash League (BBL), source told Sydney Morning Herald.

The KFC Big Bash League, an Australian domestic Twenty20 cricket tournament, has reached its midway point. It runs from December 17 2015 to January 24 2016 and looks to be on track to top last year’s AUD2.2b wagered over the five-week contest.

SBOBET as well as other international betting exchanges such as AAStar and Citibet are thought to be the major players not only on taking bets on BBL, but also for bets made by Australian punters on other sports.

Cricket Australia guards bets on Big Bash League

Cricket Australia is keeping the enemies closer as it meet with unregulated international bookmakers to monitor the expected $3 billion bets on Big Bash League.

Cricket Australia is reportedly in talks with international bookmakers such as Philippines’ based SBOBET and the Caribbean-based Pinnacle Sports to better track the level of wager they have been taking on the Big Bash League (BBL), source told Sydney Morning Herald.

The KFC Big Bash League, an Australian domestic Twenty20 cricket tournament, has reached its midway point. It runs from December 17 2015 to January 24 2016 and looks to be on track to top last year’s AUD2.2b wagered over the five-week contest.

SBOBET as well as other international betting exchanges such as AAStar and Citibet are thought to be the major players not only on taking bets on BBL, but also for bets made by Australian punters on other sports.

Huge Powerball jackpot goes up by $50M

Huge Powerball jackpot goes up by $50M The ginormous Powerball grand prize climbed to a cool $450 million Tuesday after 17 drawings without a winner. Check out this story on USATODAY.com: http://usat.ly/1R9XnIv Johanne Eklund of Merritt Island, Fla., buys her Powerball tickets Jan. 5, 2016, for the next night’s $450 million jackpot from K&D Discount Beverage on Merritt Island.

We did the math for the $450 million Powerball jackpot and concluded it's not worth buying a ticket

When trying to evaluate the outcome of a risky, probabilistic event like the lottery, one of the first things to look at is ” expected value .” The expected value of a randomly decided process is found by taking all of the possible outcomes of the process, multiplying each outcome by its probability, and adding all of these numbers up.

We did the math for the $450 million Powerball jackpot and concluded it's not worth buying a ticket

When trying to evaluate the outcome of a risky, probabilistic event like the lottery, one of the first things to look at is ” expected value .” The expected value of a randomly decided process is found by taking all of the possible outcomes of the process, multiplying each outcome by its probability, and adding all of these numbers up.