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Uk Expansion

All articles tagged with #uk expansion

lottery21 days ago•3 min saved

Powerball nears $1B after Aug. 10 drawing with UK expansion

Powerball’s Aug. 10 drawing produced numbers 6, 37, 54, 55, 64 and Powerball 10 with a 3x Power Play, pushing the jackpot to an estimated $905 million (cash option about $391.9 million); the game is expanding to the United Kingdom for the first time, offering UK ticket sales for the same top prize with different prize rules; the next drawing is Aug. 12; the last jackpot was May 2, when Texas and Florida split a $20 million prize; Powerball tickets cost $2 per play, with Quick Pick available and Power Play multiplying non-jackpot prizes.

via USA Today|

#aug-10 #jackpot #lottery

business23 days ago•3 min saved

Powerball Jackpot Rockets to $905 Million After No Saturday Winner

Nobody matched all six Powerball numbers in Saturday’s drawing, sending the estimated jackpot to $905 million for Monday’s drawing; the winning numbers were 5, 9, 35, 54, 63 and Powerball 7 with a Power Play of 3. A Texas ticket that matched all five white balls with Power Play won $2 million, while four other tickets won $1 million. Saturday’s cash value was about $371 million, and winners can take a lump sum or 30 installments, with taxes varying by state. UK lottery sales began last month, contributing to faster jackpot growth; the overall odds of a grand prize remain about 1 in 292.2 million.

via ABC7 Los Angeles|

#business #jackpot #lottery

business1 month ago•4 min saved

Powerball’s UK debut sparks fury as Americans vow to switch to state lotteries

US players lash out at Powerball’s expansion into the UK, accusing officials of corruption and saying they’ll abandon the game for state lotteries. UK tickets cost about $5.35 per line, with a UK jackpot around £322 million ($430.5 million), while the US jackpot remains over $600 million; officials say American odds and payouts aren’t changing, though critics argue the broader pool undermines the American game.

via New York Post|

#business #gambling #lottery

finance2 years ago•3 min saved

Robinhood Successfully Launches Stock Trading Platform in the UK

Robinhood, the online investment app, is set to launch its platform in the UK in early 2024, marking its third attempt at international expansion. The platform will initially offer 24-hour trading for 6,000 US stocks, with plans to add UK stocks later. Options and derivatives will not be available at launch. Robinhood aims to capitalize on market-moving news and plans to be one of the largest employers in England. The company has obtained a license from the UK's Financial Conduct Authority and will hold customer cash in segregated accounts protected by US Federal Deposit Insurance Commission insurance. Robinhood will not offer payment-for-order-flow in the UK and expects to generate revenue through other means.

via CNBC|

#competition #finance #financial-conduct-authority

business2 years ago•2 min saved

Chick-fil-A's Global Expansion: UK and Asia Locations

Chick-fil-A plans to expand into the United Kingdom in 2025, with the goal of opening five locally-owned and operated restaurants in the first two years. This marks the company's first permanent expansion outside of North America. Chick-fil-A faced backlash from LGBTQ rights activists in 2019 when it opened a temporary store in Reading, England. The company has since altered its approach to charitable donations and plans to source all chicken from the UK and Ireland, as well as use 100% free range eggs. Each restaurant is expected to create approximately 80-120 new jobs.

via USA TODAY|

#business #chick-fil-a #international-expansion