iGaming Industry
Meet FIRELOTTO – International Blockchain Lottery
The team behind FIRELOTTO are looking to bring lottery to the 21st century and innovate its purpose and place in the lottery industry.
It is a modern lottery which pays out winnings in Ethereum and is really easy to understand because it runs just as traditional lotteries.
Their concept is simple. 70% of collected funds from ticket sales will be allocated to the prize pool and the initial guaranteed prize pool is over USD 1 million.
The primary objective of the project is to create a fair international lottery with a large prize pool and fast payment for winnings.
If nobody wins the main prize in a drawing, it will be increased and rolled over to the next drawing. The jackpot will keep growing until it finds its winner. Distribution and payout procedures are transparent and supported by smart contracts. Not to mention the fact that thanks to Blockchain, winnings of any size are paid out almost instantly.
The research and development was started Q1 2017 and the product has been launched on the 1st of January 2018.
This is especially interesting, because 80% percent of ICOs are not backed by any product prototype.
Fire Lotto is a finished product that has already been launched and has a truly transparent algorithm that makes it attractive to lottery players.
The time to act is now, the team has just initiated the Token pre-Sales campaign and the Token Sales are going to start at the end of March. During January and February, the team will do a massive advertising campaign, so you need to pre-order those tokens before they run out.
Token name and ticker symbol: FLOT
You can download their Whitepaper from the following link: https://firelotto.io/whitepaper_en.pdf
More details about FIRELOTTO
Company structure (profit / non profit)
Non profit
Github code repository
https://github.com/firelotto/firelotto
BitcoinTalk announcement link
https://bitcointalk.org/index.php?topic=2579275.msg26269840#msg26269840
Twitter profile
https://twitter.com/FireLottery
Facebook product page
https://www.facebook.com/firelotto
Telegram channel or chat room link
Youtube channel link
https://www.youtube.com/channel/UCck2jqpe3MMNc5wRUebLL5A
Prototype link
Instagram link
https://www.instagram.com/firelotto
Token sale terms
https://firelotto.io/agreement.pdf
Top 20 facts about Fire Lotto:
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100% decentralized lottery platform. Everything is built on ETH smart contracts.
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Starting from 4 popular lottery games.
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Minimum loosing combinations = real chances to win Jack Pot.
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70% of tickets sales go to Jack Pot.
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Winnings are paid out automatically after each draw.
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Lottery ticket starting price – 2 USD.
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Ability to add more popular lottery games.
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Play Fire Lotto from any device without an app.
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Play in one click.
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Payments are d totally secured and made in one click.
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Transparent referral program. Join us and get up to 15% cashback for each ticket sold.
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10% commission payments to FLOT token holders provide an endless source of crypto income.
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The prize pool can grow up millions and millions of dollars.
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Random number generator is based on BTC blockchain.
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Neither winning numbers nor lottery tickets can be faked.
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No hidden charges, taxes and etc.
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Fire Lotto platform cannot be shut down or effected anyway.
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The Fire Lotto is totally anonymous.
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GitHub open code.
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The first internet community owned lottery.
How does Fire Lotto work?
You can choose instant or draw lottery.
Instant lottery Roger’s wheel has a fortune wheel with 21 numbers. It offers bets from 0,007 ETH with coefficient from 2 to 20. If you guess the right number, then you’ll receive your bet multiplied by chosen coefficient.
There are 3 types of draw lottery: 4 of 20, 5 of 36, 6 of 45. You pick one, buy a ticket and mark numbers. Lotteries are held every 6 hours. Your winnings are based on amount of numbers that you’ve guessed.
Why Fire Lotto is the most honest lottery?
• Winning number are chosen by RNG based on blockchain technology Bitcoin, so they are impossible to fake.
• All lottery parameters are in open source. They are accessible and fully transparent 24/7.
• Complete anonymity and safety. No taxes!
• Decentralized platform provides full autonomy and independence.
• Record payments to prize pool – 70% from all raised funds.
Try Fire Lotto right now!
• Minimum price of a lottery ticket is about $2
• Mobile and PC versions
• User-friendly interface
• Instant winnings payout
• You need only crypto wallet and Internet access to play
Fire Lotto is a perfect investment!
• More sold tickets – more commission payments for investors
• Exchange rate of FLOT token is rising (examples of similar projects)…
The post Meet FIRELOTTO – International Blockchain Lottery appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: EEGaming.
eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.
This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.
Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.
In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.
“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.
Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
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