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Online Lottery in GOA
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.
Hot as Hades Slot Launches -
The new game is a 5 x 3 reel, 20 line slot, with a tongue-in-cheek theme based on Greek mythology. Hades, with his flaming hair and cheeky grin, takes centre stage as he embarks on an adventure to Mount Olympus with his three-headed sidekick, Cerberus.
2015 WSOP Event 59 -
Alex Lindop, a 25-year-old professional player from Stoke-on-Trent, has claimed the UK's second bracelet in this year's World Series of Poker, besting a talented field of 2,154 other players and claiming the $531,037 winner's share of the $2.9 million prize pool.
Pokerstars Launches Let California Play Poker Drive -
Pokerstars and its California tribal and cardroom allies have upped the ante in the fight for fair and open online poker legalisation in the Bear State by launching a new Professional Player Tour initiative titled Let California Play!
2015 WSOP Event 64 -
Thanks to legalisation and the presence in Nevada of licensed and regulated online poker websites, this week has seen the start of the first ever World Series of Poker internet competition, with the winner qualifying for a WSOP winner's bracelet.
FEDS CONFIRM NO APPEAL ON PAUL PHUA CASE -
Paul Phua, the Malaysian high roller gambler and businessman who was arrested last year on charges of illegal sports betting whilst the World Cup football was in progress, is off the hook at last.
Chicago Adds 9 Percent tax to internet services -
According to a CNN Money report, Chicago has introduced a new 9 percent tax on city residents who use internet services such as Netflix, Spotify and online gaming. The city expects the change to generate an extra $12 million annually.
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