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How to win €25 000 000

Discussion in 'Casino Industry Discussion' started by rainmaker, Feb 10, 2011.

    Feb 10, 2011
  1. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
    -
    Location:
    -
    Well...easy. Just buy a €2 lottery ticket at eurolotto.com :)

    You must register/login in order to see the link.


    I have never played lotto and I will never play it. I would not recommend anybody to play it either.

    Eurolotto is a new thing as to my acknowledge. I just got a bit curios, so I wanted to know more about their ownership structure. Eurolotto is owned by EuroSlots Limited. EuroSlots is owned by the Swedish company Cherryföretagen AB (Cherry). This is information that are available at their homepage.

    Cherry have strong connections to Betsson and of course Cherry Casino and Play Cherry. Also to the Norwegian "Norgesautomaten", the Swedish "Sverigeautomaten" and the Danish "Danmarksautomaten". As many of you probably know, Betsson was earlier named Cherry. NetEnt was also a part of Cherry, before they was separated.

    I did some more searches and the biggest shareholder in Cherry, is also the biggest shareholder in Net Entertainment (NetEnt). He is also a board member in Cherry.

    Some of the ownership structures in the gambling industry is really confusing. A company like Cherry has multiple holdings companies witch again owns multiply operation companies.

    The thing I'm a bit concerned about, is when casino providers are owned by companies that also owns the casinos. I would rather see that the providers of games was independent of the casino. Just my opinion.

    Lot of inbreeding in the gambling industry.

    Anyway...Who who want to play some lotto ? :)
     
    Last edited: Feb 10, 2011
  2. Feb 10, 2011
  3. Setsuna

    Setsuna Experienced Member PABnoaccred

    Occupation:
    Student
    Location:
    Earth
    Made some quick RTP calculations - should I be correct, around 73.33% (but actually worse since the jackpot is paid as an annuity, should you consider the "true" cash value of the €25M JP, that would be more likely to be around ~55%)

    I'd rather play EuroMillions than this :rolleyes:
     
  4. Feb 10, 2011
  5. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
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    Location:
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    The Jackpot is paid over 30 years.

    If I follow the CPI (consumer price index) for Norway over the last 30 years, then 100,- 2010 Norwegian Kroner is the same as 29,- 1980 Norwegian Kroner.

    So yes, you are correct. The real value of the JP is much less because of the inflation. If we assume a similar development :)


    (if they do not regulate for inflation)
     
  6. Feb 10, 2011
  7. De Beuker

    De Beuker Senior Member

    Occupation:
    Production
    Location:
    Netherlands
    How to win €25 000 000


    Easy.

    Hit the King Cashalot jackpot 20 times in a row.:p


    Sorry.. couldn't resist.
     
  8. Feb 11, 2011
  9. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
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    Location:
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    Oh...I don`t want to be greedy, so 9-10 Cashalot jackpots would have been enough for me :rolleyes:
     
  10. Feb 14, 2011
  11. colly

    colly Senior Member MM PABaccred

    Occupation:
    Finance (Corporate Tax)
    Location:
    sydney
    Why enter

    According to my emails I regularly win lottos and prize draws I didn't even no I entered - this week I have appx 36million pounds in unclaimed prizes.

    I would make the claims except I am to busy filing out the forms for all the money I am told I have inherited:rolleyes:
     
  12. Feb 14, 2011
  13. PlexRep

    PlexRep Dormant account

    Occupation:
    Marketing
    Location:
    Malta
    Thanks for reminding me to check my ticket from yesterdays draw :)

    Unfortunately my two lines of quick pick didn't even result in a single number matching :(

    Oh well... back to the grindstone....
     
  14. Feb 14, 2011
  15. Nate

    Nate Ueber Meister CAG webmeister

    Occupation:
    Monster
    Location:
    Cyberspace
    lol.... Don't forget that in order to claim you must pay your agent and his lawyer fees up-front. Once you have gotten the money, buy a cheap licence where Gaming Regulation is at a MINIMUM (Or non-existant) and open up your own Clip Joint.

    Nate:thumbsup:
     
  16. Feb 14, 2011
  17. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
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    Location:
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    Well, that's what I do. Im the guy that is making sure people check their lotto tickets :rolleyes:
     
  18. Feb 14, 2011
  19. ergopro

    ergopro Senior Member

    Occupation:
    Webmaster
    Location:
    Gamblers Anonymous
    Eurolotto="rebranded" PlayOtto?
    License belongs to Otto Malta Limited.
    At least the games are supplied by Otto Malta.
     
    1 person likes this.
  20. Feb 14, 2011
  21. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
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    I looked it up, and EuroLotto is also powered by Otto Malta. I would think they have a chained jackpot, but are owned by to different holding companies.

    Or they might have the same owner, but I could not see any connections. But these companies are hidding behind so many holding/operating companies so who would know. They probably don`t even know themself :rolleyes:
     

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