Day: November 1, 2022

Drawing lots to determine rights and ownership dates back to ancient times. The practice became more widespread in Europe during the late fifteenth and sixteenth centuries. The first known lottery in the United States was conducted in 1612 when King James I of England devised a lottery to help his colony of Jamestown, Virginia. From … Read More “The Benefits of the Lottery” »

France has recently proposed new laws to regulate and tax online gambling. According to the budget minister, Eric Woerth, the move would ensure that the gambling market in France adapted to the “Internet reality.” However, it is not clear what will happen to betting exchanges. The US Department of Justice says it will continue to … Read More “New Laws For Online Gambling” »