Lottery

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The lottery market is one of the few industries that has been steadily growing at above-average rates for decades.

Moscow, Russia, May 7, 2019 -- The new Gexan blockchain lottery enters the Initial Exchange Offering at the P2PB2B.io cryptocurrency exchange on May 10, 2019.

The prolonged bear market has left traders with no hope at all. Now it is highly probable that the Bitcoin price will sink further and go down to $3,000 or even less. However, Bitcoin seems to resemble a lottery ticket and one never knows what it can bring.

French tobacco shops, places where customers go to purchase cigarettes and lottery tickets, will begin providing Bitcoins to clients from early 2019 through a deal with Keplerk, a giant French fintech firm.

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The much anticipated world’s first transparent lottery has finally arrived on the scene, with FireLotto launching at the turn of 2018 to introduce the new way of playing lottery based on the Ethereum blockchain protocol.

Ensuring fairness of games remains the biggest challenge facing the $294 billion lottery industry. Players have always question the genuineness the tickets sold, the pool for the money accumulated, identity of jackpot winners, and the security of Random Number Generators, or RNG. Several high-profile cases of lottery manipulation like the 1980 Pennsylvania Lotto scandal and the recent conviction of Eddie Tipton in 2010 has not only increased player's concerns, but eroded market confidence.