1 FREE Tomahawk your first box, plus 2 FREE Sirloins in every box for 1 year. Kic co-founder and CEO Laura Henshaw is handing over the reins to serial founder Jane Martino, who will lead the company through a major wellness expansion. From term sheets to toddlers, these founders juggled building a business as well as a family. No one can book a meeting with Vu Tran on a Thursday – it’s the day he practises medicine and doesn’t think about his businesses.
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The lottery allowed players to buy up to 10 tickets at a time using a QR code, rather than having to enter each number sequence manually. Marantelli says he reached out to Ade Repcenko, a gaming entrepreneur who had done business with one of the “lottery courier” companies selling tickets in Texas via an app. “The biggest theft of citizens’ money happened when a foreign syndicate purchased 26 million $US1 tickets,” Lieutenant-Governor Dan Patrick said.
In 1994, Ranogajec cashed cheques worth millions to spend on Keno, the pub lottery game, at the North Ryde RSL in Sydney. The pair has overlapping gambling interests and serve as directors of the same data analysis company, which employs statisticians to work on horse races and sports matches around the world. The syndicate could still stand a good chance of losing most of that $4 million. It turned out Texas wasn’t Marantelli’s first lottery play. They collected the prize via Rook TX, a company set up in Delaware where information about company directors and owners is kept secret. “Because I knew the lottery I knew what was going on and they could have stopped it.” A few days later, the Lottery Commission said most of the sales were to “purchasing groups”.
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April 2025
At one retailer, a fishing tourism business in the suburbs of Fort Worth, two ticket terminals sat out the front amid the lures, souvenirs and beer coolers. And he said, ‘Oh, we sent over QR codes, and we hooked them up to the machines, and we printed all the tickets’.” Repcenko lived in Malta, a hub for online gambling businesses. “His mates filled out tickets all week, and he organised a newsagent to stay open 24 hours a day so he could get the tickets on.” In the end, they held the only winning ticket. The club, which earned a commission, had ordered staff to place bets for Ranogajec on three Keno machines set up in the high-rollers’ suite. Walsh revealed at an investment conference in 2022 that their syndicate, led by Ranogajec, placed about $10 billion in bets each year.
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About 28 million tickets were sold, roughly 10 times the normal volume. His team had bought more than 25 million tickets, which now filled the cardboard boxes stacked high against the hotel room wall. You can enhance your Unibet betting experience with our live sports streaming service – Unibet TV. Those patrons wishing to use a companion card with the booking must be able to present the valid card at the box office upon ticket collection.
But that April, after months of not selling a single ticket, it burst into life. The company also overstated its revenue by $US52 million. He was frustrated that the idea kept resurfacing, even as the company struggled to survive. “It always felt morally bankrupt and against the spirit of the lottery game,” says the manager, who asked to remain anonymous, citing fear of legal action. He says Repcenko introduced him to several lottery courier companies, only one of whom said yes.
The commission had also approved an unusually large number of terminals to be sent to Lottery.com and its related business, which were not brick-and-mortar stores open to the public. Electrician Jerry B. Reed, a regular player of the Texas lottery, won a smaller jackpot directly after the syndicate’s win. By the end of Thursday, they had printed $US6 million of tickets. Each ticket was catalogued and placed in a box. Marantelli, an early investor in the company, says he had not known this at the time. In his eyes, the company was meant to focus on everyday lottery customers, not “rich jackasses trying to game the system, doing Hail Mary events once in a blue moon”.
The senate nearly voted to get rid of the lottery itself, one of the largest in the United States, which has contributed tens of billions of dollars to public projects over its three-decade history. “We can’t find him anywhere,” Patrick said in April as he toured the commission’s empty offices for a social media video. “In what world do I think that those guys didn’t have the correct permissions to do that from the lottery headquarters?
The commission announced “players are turning out in droves to have the exclusive chance at winning the largest jackpot on the continent”. One, in a previous life, dated supermodel Miranda Kerr and spent time in a NSW jail for fraud. For Marantelli, the son of a Melbourne bookmaker, the odds were much better.
The state’s lieutenant-governor has called the lottery strike “the biggest theft from the people of Texas in the history of Texas”. “I think Texas is the only time we’ve bought almost every ticket,” Marantelli says. In a crowded hotel room not far from Austin, Bernard Marantelli and his team watched a live-stream of the Texas lottery draw. It’s been called “the biggest theft” in the history of Texas, but the syndicate says lottery officials helped it win a $US95m jackpot draw. Plus, our app includes live streaming features, providing added flexibility to watch and bet at your convenience.
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- Looking back on April 2023, Marantelli says finding the winning ticket in the hotel room wasn’t the best part.
- Kic co-founder and CEO Laura Henshaw is handing over the reins to serial founder Jane Martino, who will lead the company through a major wellness expansion.
- One of the most prolific types of bet you can place with Unibet is the Same Game Multi Bet.
- This type of bet is popular in various sports, including football and basketball.
- He says the syndicate’s spending, over several draws, increased the overall jackpot on offer by millions of dollars.
There is something for everyone, with an exciting selection of upcoming musicals, concerts and live theatre shows. Daniel Roberts, a former Macquarie banker who runs the Nasdaq-listed data centres business, says the agreement is only the first of many as demand booms. The total valuation of Australia’s 100 richest people aged 40 and under is diminished in 2022, but you still need $35 million to get on the list. Marantelli says the commission was aware of how the bets were being placed.