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Iowa Lottery Shifts Risk by Partnering With Single Scratch Ticket Vendor – Mix 107.3 KIOW

For the first time in its history, the Iowa Lottery will shift part of its financial risk to a scratch ticket vendor. Beginning in January, the Lottery will work exclusively with one company to print its scratch tickets — and that company will share in both the potential gains and losses.
Lottery CEO Matt Strawn says the selected vendor, Scientific Games, won the contract through a competitive bidding process and will now operate under a performance-based agreement.
“If they exceed their performance goals, they are incented with a small bonus. If they miss their projected annual performance goals on sales, there is a small penalty,” Strawn explains.
Until now, the Iowa Lottery carried all the risk in choosing which scratch games to develop and bring to market. Strawn says the new arrangement allows the Lottery to tap more directly into the vendor’s expertise.
“This allows the Iowa Lottery to better leverage the experience and expertise of its scratch ticket printing partner,” he says.
Despite the shift, the state will continue to have full authority over game selection and design.
“The state of Iowa still has the ultimate sign-off on the annual product plan to ensure it meets revenue goals and that we’re managing the portfolio responsibly,” Strawn says.
Scratch tickets were the first products ever sold by the Iowa Lottery and remain its strongest category, accounting for 23% of total sales.
Wednesday December 3
ISU Men’s Basketball vs Alcorn State 6 PM Pregame 7 PM Tip-off KIOW 107.3 FM
Waldorf Women’s Basketball vs St. Ambrose 5:45 Pregame 6 PM Tip-off B103
Thursday December 4
Clear Lake Basketball Doubleheader at Charles City 5:45 PM Pregame 6 PM Tip-off 103.7 The Fox and Clear Lake Video Stream
Garner-Hayfield-Ventura Basketball Doubleheader vs West Fork 6 PM Pregame 6:15 PM Tip-off GHV Video Stream
Belmond-Klemme Basketball Doubleheader at Bishop Garrigan 6 PM Pregame 6:15 Tip-off Belmond-Klemme Video Stream
Forest City Boys Wrestling at Central Springs with Eagle Grove 6 PM KIOW 107.3 FM and Forest City Video Stream
West Hancock Boys Wrestling Triangular with St Ansgar and West Fork 6 PM B103 and West Hancock Video Stream
Friday December 5
Forest City Basketball Doubleheader at Garner-Hayfield-Ventura 6 PM Pregame 6:15 PM Tip-off KIOW 107.3 FM, Forest City Video Stream and GHV Video Stream
Lake Mills Basketball Doubleheader vs Belmond-Klemme 6 PM Pregame 6:15 PM Tip-off Lake Mills and Belmond-Klemme Video Stream
West Hancock Basketball Doubleheader at Eagle Grove 6 PM Pregame 6:15 PM Tip-off B103 and West Hancock Video Stream
Clear Lake Girls Basketball vs Hampton-Dumont-CAL 7:15 PM Pregame 7:30 PM Tip-off 103.7 The Fox and Clear Lake Video Stream
Saturday December 6
ISU Men’s Basketball at Purdue 10:30 AM Pregame 11 AM Tip-off KIOW 107.3 FM
West Hancock Basketball Doubleheader vs Clarion-Goldfield-Dows 4 PM Pregame 4:15 PM Tip-off B103 and West Hancock Video Stream
Sunday December 7
ISU Women’s Basketball vs Northern Illinois 12:30 PM Pregame 1 PM Tip-off KIOW 107.3 FM

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FanDuel Missouri promo code now live: Get $300 in bonus bets by making a $5 bet – CBS Sports

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Christmas came early for Missourians as on Monday, Dec. 1, Missouri sports betting went live. The latest FanDuel promo code is yet another gift to residents of the Show Me State. With it, new users get $300 in bonus bets after an initial $5 wager. From Chiefs football to Blues hockey to the Mizzou Tigers, you have a bevy of options to use this promotion on. Click here to claim the latest FanDuel promo code:
For the full terms and conditions and how to claim the promo, read our FanDuel Missouri promo code review.
This online sports betting offer doesn’t require a code, but you must be a new user of legal age in Missouri. Here’s how to sign up for one of the largest betting sites.
After your first bet of at least $5, FanDuel will issue you $300 in bonus bets in addition to the stake and winnings from your original wager. Bonus bets can be used in whatever increments you choose, but expire following seven days. Bonus bets cannot be cashed out or withdrawn, and if you submit a bet using bonus funds, you’ll get the winnings but not the stake. Get started here:
FanDuel began as a daily fantasy sports operator and became one of the leading sportsbooks on the market along with its rival, DraftKings. Here are the biggest strengths of the FanDuel Sportsbook:
Sign up for FanDuel Sportsbook here:
The Chiefs will play their sixth primetime game of the year when they host the Texans at 8:20 p.m. ET on Sunday night. Kansas City has owned this rivalry recently, winning each of the last five matchups, which includes a pair of playoff games. Kansas City is a 3.5-point favorite, according to the latest NFL odds from FanDuel Sportsbook, and the over/under is 41.5.
The Under is a combined 17-7 for the two teams this season, and it’s been especially favorable over the last few weeks. Six of the last seven Chiefs games have gone under the total. Meanwhile, the Under is 5-1 over the last six Texans games. Houston owns the NFL’s No. 1 scoring defense, while Kansas City ranks seventh, so a low-scoring game could be in order. Sign up for FanDuel Sportsbook Missouri here:
Must be 21+ and present in MO. Launch $300 Offer: $5+ first deposit required. Must place a $5+ first wager after 12/1/25, for additional $300 bonus bets to be credited. Bonus bets expire 7 days after receipt. Restrictions apply. See terms for both offers at sporsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER. Void where prohibited. Bonus bets are non-withdrawable. Subject to regulatory approval.
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CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc.
The content on this site is for entertainment purposes only and CBS Sports makes no representation or warranty as to the accuracy of the information given or the outcome of any game or event. Odds subject to change. There is no gambling offered on this site. This site contains commercial content and CBS Sports may be compensated for the links provided on this site.
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Unpacking the Bitcoin Volatility Index and the Institutional Trading Surge – OneSafe

What if I told you that the Bitcoin volatility index has arrived to revolutionize how institutional traders navigate the turbulent waters of cryptocurrency? Developed by the CME Group, this advanced metric doesn’t just reflect price fluctuations; it provides traders with a dynamic framework to decode market behaviors in real-time. As a tide of institutional capital flows into the crypto realm, mastering volatility emerges as an essential skill for astute investment decision-making. In the following exploration, we will examine the profound implications of the Bitcoin volatility index, the booming Bitcoin options market, and how these changes signal a significant maturation phase for digital currencies.
At its core, the Bitcoin volatility index serves as a crucial barometer for Bitcoin’s price variances, drawing a parallel to the VIX that traders rely on in traditional equity markets. Brought into existence through a collaboration between CME Group and CF Benchmarks, this index arms institutional players with critical insights into the uncertainty enveloping the market. With Bitcoin options trading projected to surge to an eye-popping $46 billion in notional volume by 2025, this volatility index is set to become a vital resource for assessing both risk and trader sentiment amid a complex ecosystem.
The landscape of cryptocurrency is undergoing a seismic shift as institutional investors—hedge funds, asset managers, and corporate treasuries—embrace digital assets with newfound conviction. Record trading volumes on platforms like the Chicago Mercantile Exchange (CME) signal that these traditionally cautious financial entities are integrating cryptocurrencies into their investment portfolios. This evolution indicates a pivotal recognition: cryptocurrencies are no longer mere speculative assets but viable investment opportunities. However, with innovation comes a slew of challenges, leaving smaller Web3 startups floundering amid a myriad of operational and compliance complexities.
The advent of the Bitcoin volatility index does more than enhance trading strategies; it embodies a significant progression toward the growth of the cryptocurrency market. By establishing a consistent measure of volatility—a void long felt—this index fosters improved price discovery and more effective risk management. The increasing sophistication of trading instruments suggests that regulatory bodies are paying closer attention to digital assets, solidifying their presence within established financial frameworks. Nonetheless, this trend raises concerns about the chasm widening between institutional giants and smaller Web3 innovators, who often wrestle with the stringent demands of compliance and operational efficacy.
As institutional enthusiasm for cryptocurrencies surges, we are witnessing a noteworthy uptick in Bitcoin options trading. This increase plays a crucial role—acting as an indicator of larger market dynamics. Engagement from institutional players in options trading often sways the movements in the spot market. Current indicators point toward a bullish sentiment, driven by robust demand for Bitcoin perpetual futures and competitively priced call options. However, the heightened institutional activity also brings the specter of increased market volatility, making it imperative for all stakeholders to remain vigilant and informed about these unfolding trends.
In the midst of institutional ascendance lies a pressing issue—the operational challenges that Web3 startups must confront. These nascent companies often find themselves entangled in the complexities of converting crypto to fiat and adhering to regulatory mandates. While instruments like the Bitcoin volatility index cater to the intricate strategies of institutional investors, they frequently overlook the immediate operational hurdles that define the Web3 experience. Striking a balance between cutting-edge innovation and the essential support needed for smaller players is vital for nurturing a cryptocurrency ecosystem that thrives inclusively.
The introduction of the Bitcoin volatility index signals a pivotal moment in institutional cryptocurrency trading. With trading volumes escalating and advanced risk management tools becoming standard, the market is entering a new era. Yet, for this evolution to be truly beneficial, we must confront the operational obstacles faced by smaller entities, ensuring equitable access and opportunity within the space. As institutional interest continues to flourish, our collective focus should be clear: cultivate a cooperative environment where both industry titans and grassroots visionaries can coexist and prosper.
The horizon of cryptocurrency is undoubtedly bright, but its future rests on the equilibrium of accessibility, innovation, and unity. Keep a close watch on these developments—what lies ahead promises to be nothing short of transformative.

Get started with Crypto effortlessly. OneSafe brings together your crypto and banking needs in one simple, powerful platform.
Discover how the Bitcoin Volatility Index introduces new risk management tools for institutional trading, enhancing market sentiment and maturing cryptocurrency markets.
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Begin your journey with OneSafe today. Quick, effortless, and secure, our streamlined process ensures your account is set up and ready to go, hassle-free

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$775 million Powerball jackpot up for grabs in tonight's drawing – KRIS 6 News Corpus Christi

Veronica "Ronnie" Flores-Herrera is the Real-Time Desk Manager for KRIS 6 News, Action 10 News, and Telemundo C.C. The Emmy-nominated journalist has been covering news in the Coastal Bend since 1997.
Are you feeling lucky?
The Powerball jackpot has climbed to $775 million after no one matched all six numbers in Monday night’s drawing, making it one of the largest lottery prizes in U.S. history.
The winner will have the choice of $775 million paid in annual increments or the cash value of $362.5 million, according to the Powerball website.
Monday’s drawing resulted in no jackpot winners and three $1 million winners in Florida, Illinois and Georgia.
The next drawing takes place tonight, giving players another chance at the massive prize.
This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.
For the latest local news updates, click here, or download the KRIS 6 News App.
Catch all the KRIS 6 News stories and more on our YouTube page. Subscribe today!

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Anonymous Copperas Cove player claims top prize in 500X scratch game – kcentv.com

COPPERAS COVE, Texas — One Copperas Cove resident has seen their life change thanks to the Texas Lottery.
Announced on Wednesday, a resident, who elected to remain anonymous, claimed the top prize-winning ticket worth $1 million in the Texas Lottery scratch ticket game 500X. The ticket was purchased at Star Mart 15, located at 1903 N. 1st St., in Copperas Cove.
Texas Lottery said this was the 12th of 15 top prizes worth $1 million to be claimed in this game, which offers more than $229 million in total prizes. Additionally, the overall odds of winning any 500X prize are one in 3.36, including break-even prizes. 
Beyond its economic impact, the Texas Lottery emphasizes its role in supporting statewide programs that rely on consistent revenue streams. Much of that money is funnelled into public education through the Foundation School Fund, but the lottery also backs initiatives such as the Fund for Veterans’ Assistance, which receives proceeds from dedicated scratch-off games. 
Since debuting the first veterans-themed ticket in 2009, those games alone have generated more than $279 million to help provide services for Texas veterans.
Lottery officials say the agency’s ongoing mix of draw games and scratch-off options remains central to its appeal, offering players a range of choices from multi-state jackpots like Powerball and Mega Millions to Texas-only options including Lotto Texas, All or Nothing, Texas Two Step, Pick 3, Daily 4 and Cash Five.
The agency promotes responsible play and maintains an active presence across social media and its website, where players can find updates, game rules and information about second-chance drawings.
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Gambler turns $3.75 bet into ‘awesome’ six-figure jackpot win in Washington – Yahoo News Canada

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A lucky gambler turned a $3.75 bet into a six-figure jackpot at a Washington casino.
The gambler won $162,118 at a Lion Link slot machine at Emerald Queen Casino in Tacoma, casino officials said in a Facebook post on Tuesday, Dec. 2.
People were quick to offer congratulations in the post’s comments.
“Wow, that’s a nice win!” someone wrote.
“Awesome hit!” wrote another person.
Several other jackpots have been reported recently at the Tacoma casino, including a $76,577 jackpot on a Mega Meltdown slot machine on Thursday, Nov. 27.
The bet was $20.
Casino officials described that jackpot as “massive” and a “mega win.”
Emerald Queen Casino has locations in Tacoma and Fife.
Many people can gamble or play games of chance without harm. However, for some, gambling is an addiction that can ruin lives and families.
If you or a loved one shows signs of gambling addiction, you can seek help by calling the national gambling hotline at 1-800-522-4700 or visiting the National Council on Problem Gambling website.
The jackpot was worth $90 million and had an estimated cash value of $41.9 million.
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