Disruptive Threat<\/strong><\/h2>\nThe answer is insurance. Lottoland uses an insurance model called \u201cinsurance linked securities\u201d — a policy more commonly taken out by national governments to guard against unlikely but catastrophic and expensive events, like earthquakes — only, Lottoland\u2019s policy protects it against lottery jackpots.<\/p>\n
It\u2019s a model that has ruffled feathers, which may be why it has been dubbed \u201cthe Uber of lotteries\u201d — because it poses the same kind of disruptive threat as the notorious digital taxi service.<\/p>\n
Lottoland — and others like it — offer prizes that are taking online gambling payouts to another level, and now it has an entry in the Guinness Book of World Records<\/em> to prove it.<\/p>\n","protected":false},"excerpt":{"rendered":"A German cleaning lady has claimed the largest ever online gambling payout — \u20ac90 million ($103 million) — an achievement confirmed this week by officials from the The Guinness Book of World Records. The happy hausfrau — known only as \u201cChristina\u201d — hit the jackpot when she placed a bet on the Eurojackpot draw on […]<\/p>\n","protected":false},"author":36,"featured_media":89196,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13699,16693],"tags":[],"acf":[],"yoast_head":"\n
Cleaning Lady Wins World-Record Online Gambling Payout at Lottoland<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n