Lucky Gift Cards CEO Sulim Malook on How Bitcoin Can Take eGaming to the Next Level By CoinQuora – Investing.com
- Date: 12-May-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Lucky Gift Cards CEO Sulim Malook on How Bitcoin Can Take eGaming to the Next Level By CoinQuora – Investing.com
Traditional lottery is played by using cash to buy paper tickets, which are sold through a network of small shops. If you win, you then return to the shop to collect your winnings in cash.
According to the CEO and Founder of Lucky Gift Cards, “It sounds old-fashioned just saying it out loud.”
He believes that “…old-fashioned system has lots of shortcomings. People lose their tickets or forget to check their numbers to see if they have won. Only in February of this year, a £20M jackpot win went unclaimed, and in January over £5M of prize money was about to be returned to the prize pot because it had been unclaimed for so long. That’s not possible with a digital lottery.”
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