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Lottery company leaders face up to 16 years in prison for property embezzlement

Leading officials of Dong Nai Lottery Company in the southern province of Dong Nai were sentenced up to 16 years in prison for causing losses of nearly VNĐ79 billion (US$3.4 million), the provincial court announced on Monday.

Is Vietlott still “hot”?

Vietnam Lottery Company (Vietlott) has just published its financial report for the first half of 2019, with a net revenue of only VND1.17 trillion ($50.87 million), down nearly 40 per cent on-year.

An American-style lottery in Vietnam?

VietNamNet Bridge - Will Vietnamese businesses have to share the multi-billion dollar lottery market with foreign investors?

Lottery winners often return to nothing

VietNamNet Bridge - Winning the lottery but later returning to a thatch hut is the tragedy that befalls many people who suddenly were “hit” with a pile of cash.

Lottery fever grips US ahead of Powerball draw

 Lottery fever gripped the United States on Wednesday ahead of a Powerball drawing with an estimated jackpot of $550 million, the second highest in the nation's history.