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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.
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Gambling News :
PaddyPower Donald Trump Ad -
#trump The marketers at Paddy Power are up to their controversial guerrilla marketing tricks again, announcing Thursday that their next target to get the publics attention is US presidential contender Donald Trump and the size of his private bits.
New DFS Bill For New York -
#dfs Reporting on the bills, the New York Daily News said their passage will allow DFS market leaders FanDuel and DraftKings, along with other daily fantasy sports sites, to return to New York after they exited following "cease and desist" letters from the AG earlier this year.
Pariplay Moves Offices to Gibraltar -
The Gibraltar licence enables the technology company to join group of gambling operations with a presence in the British overseas territory located on the southern Iberian Peninsula.
NETENT SECURES ROMANIAN LICENSING -
Swedish online gambling software developer NetEnt has revealed in a stock exchange announcement today (Friday) that it has obtained class two licenses from the National Gambling Office in Romania.
$13 Million NY SportsBetting Ring Busted -
#nydn The New York Daily News reports that six local men were arrested Thursday for conducting an online gambling operation that prosecutors claim generated over $13 million between September 2015 and this week through a Costa Rica-based site identified as Stakestake.com.
Quebec ISP To block gambling websites -
Apparently disregarding repeated warnings regarding interference with the internet from legal and other experts, Quebec provincial lawmakers this week voted for Bill 74, a law that obliges Internet Service Providers in the province to block gambling websites.
South Africa Rejects Online Gambling -
It appears that the South African governments anti-online casino gambling stance is now firmly entrenched after over a decade of indecision and repeated enquiries and commissions.
Curacao criticisms by two Dutch MPs -
The #Dutch Minister for Kingdom Relations, Ronald Plasterk, appears to have been stung into a response by the national media coverage achieved this week on Curacao criticisms by two Dutch MPs
MadBookie Issues -
Anti-gambling groups in Australia have slammed local online bookmaker MadBookie for its partnership with a dozen local sports club in which the company pays 25 percent of its club players losses to the clubs.
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