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4/6/10 - The Goa Herald reports that nine companies have so far responded to the Goa government’s tender process aimed at introducing an online lottery to the former Portuguese enclave on the west coast of India.
Officials of the Department of Lotteries declined to furnish to the media any details on the tender papers submitted, however, sources confirmed that nine companies have sent in their bids, and the tender process is now closed.
The online lottery system is seen by government as a good option to generate revenue for the state which has seen higher spending in the last few years. It expects to generate annual revenues of Rs 22-25 crore from the enterprise, sources said.
Apparently the current tendering documents present a more attrractive option to bidders than was the case when a similar exercise was launched two years ago. On that occasion, the government had offered the contract to operate the lottery to a private company against a one-time payment of Rs 25 crore, and had demanded a share from the lottery income. This scared off investors and not a single applicant applied.
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No Plans For Canbet -
The Canbet issue reported by us last month appears to be going from bad to worse, with new revelations flowing from extensive Australian media coverage, and one of the company's Australian-based directors revealing that there are no plans to revive the company.
Unibet To Sponsor Ultimate Fighting Championship -
In a 2-year sponsorship deal covering Britain, Ireland, Scandinavia, Belgium, Netherlands, France and Australia, online gambling group Unibet has signed up with the Ultimate Fighting Championship MMA organisation.
Two slots join the HTML5 collection -
Mayan Princess is a five reel, 20 pay-line slot themed on the ancient Maya civilisation where wild animals roamed the region and towering pyramids rose above the jungle. The game has a number of winning opportunities, the highlight being the free spins feature which delivers between 10 and 20 free spins with a 2x multiplier.
Mega Fortune Touch hits for Euro 2.45 million -
In what it has billed as the biggest mobile jackpot win yet in Scandinavia, Net Entertainment has announced a Euro 2.45 million win on its Mega Fortune Touch mobile slot by a twenty-something Norwegian punter from Vestfold.
Record Earnings for 32Red -
Gibraltar-based online gambling group 32Red.com has posted another strong annual performance for the fourth consecutive year, reporting record revenues and EBITDA.
OKLAHOMA TRIBES DROP LITIGATION AGAINST U.S. GOVERNMENT -
The Cheyenne and Arapaho tribes in Oklahoma have reportedly abandoned plans to operate an online poker website providing services to players outside the United States, along with litigation launched against US federal government authorities in the Department of the Interior for blocking the plan, albeit with good intentions.
Joanne Sharp Steals From Parish To Gamble Online -
Joanne Sharp, a 28-year-old parish clerk and mother of three in the UK with a penchant for online gambling, was jailed for 12 months this week for plundering the bank account of the council for which she worked.
223 gambling computers seized in Malaysia -
Municipal police in Subang Jaya, a city in the Selangor province of Malaysia, raided six premises Thursday, seizing a total of 223 computers allegedly used for illegal online gambling activities.
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