LYCOS RETRIEVER
Lottery: Lottery Product
built 628 days ago
Lottery Post is a trademark of Speednet Group LLC. Microsoft is a registered trademark of Microsoft Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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Electronic Game Card Inc. EGMI develops, produces and markets innovative games to the lottery, gaming casino, Indian Gaming and promotional industry worldwide. The Company's lead product is the EGC GameCard, a unique credit card-sized pocket game combining proprietary technology of interactive capability with "instant win" excitement. The "Electronic GameCard(TM)" can be programmed to suit a variety of gaming and promotion applications. EGMI's client base is across the $202 billion global market of state and national lotteries, Gaming and Casinos, Indian Gaming and the expanding sales promotion and incentive markets. EGMI develops sales and marketing relationships with agents globally and has a joint venture with a major lottery focused US listed corporation which owns approximately 8% of the EGMI common stock. For further information please visit www.electronicgamecard.com
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"This is really different from lottery results delivered by all the other web sites and applications available to consumers," said Todd Northrop, CEO of Lottery Post. "For the first time lottery players can install a product right on their Windows desktop that automatically delivers the exact lottery results they want, without having to ask for them. This will quickly become must-have software for every lottery player, because it eliminates the need to seek out lottery results."
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At Scientific Games, Mohs led product development for the company's lottery customers. His efforts doubled the organizations capacity for new business during a period of dramatic growth. His team produced reliable and highly secure software for lottery terminals and transaction systems capable of processing more than one million transactions per minute.
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In July 2005, the Public Gaming Research Institute (PGRI) named the Electronic GameCard(TM) as a 2005 Lottery Product of the Year during its conference in Las Vegas. The PGRI award recognizes the importance of new products to the growth and continuing success of worldwide lotteries.
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[One] form of lottery scam involves the selling of "systems" which purport to improve a player's chances of selecting the winning numbers in a Lotto game. These scams are generally based on the buyer's (and perhaps the seller's) misunderstanding of probability and random numbers. Sale of these systems or software is legal... since they mention that the product cannot guarantee a win, let alone a jackpot.
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