Hungarian lotto management to change

Hungarian politicians are scheduled to debate the management of the country’s state-owned lottery Szerencsejáték this week following the introduction of a Hungarian parliamentary bill that seeks to regulate the management of state assets. The bill proposes that Szerencsejáték, which has enjoyed a 70 percent increase in revenues over the past two years, will be taken into a merged National Asset Manager company formed with stake holders from three government bodies.

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Wed, May 23rd, 2007

Related Gambling News:

Gambling casinos history:

  • The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
  • Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
  • People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
  • Dice games have existed in one form or another for over 2000 years and were originally played with dice fashioned from the knucklebones of sheep.