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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 :

MLB Odds: Yankees-Red Sox at Fenway Park - The most storied rivalry in baseball resumes this Friday when the Boston Red Sox (12-9, +1.84 betting units) host the New York Yankees (8-12, –5.90 units) in their first meeting of the 2016 regular season. MLB Network has the coverage starting at 7:10 PM ET.

Tennessee Third State to legalise DFS - #dfs #Tennessee joined Virginia and Indiana in legalising daily fantasy sports when Gov. Bill Haslam signed a bill approved by the state legislature into law this week.

March 2016 Las Vegas Revenues - The Nevada Gaming Control Board reported that Las Vegas Strip gambling revenue was down 4 percent to $487 million last month, and downtown Las Vegas was also down 4 percent at $51 million.

MetroPlay Liquidator sends final report to creditors - The creditor list includes customers and a number of online gambling suppliers, with a GBP 20,000 liquidator's fee provision for KPMG.

NBA Odds: Raptors Can Close It out in Indiana - The Toronto Raptors are one win away from advancing to the second round of the playoffs. They'll take a 3-2 series lead into Friday's Game 6 at the Fieldhouse against the Indiana Pacers; Toronto won Game 5 on Tuesday, 102-99 as a 7-point home favorite.

E-SPORTS BETTING CONFERENCE SCHEDULED FOR LONDON - European betting companies curious about the burgeoning opportunities in global eSports should diarise May 18 at the Royal Gordon Hotel in London, where a major conference on the vertical has been convened.

Tony Romo Taking Precautions against disruption of DFS convention - #Dallas Cowboys quarterback and fantasy sports convention organiser Tony Romo has made a pre-emptive move to ensure that there is no repetition of the controversial last-minute cancellation of the National Fantasy Football Convention in Las Vegas last year.

New Taxes for Australian Bookmakers - Local media reports from Australia claim that locally-based bookmaking firms are facing a new challenge as political questions are asked about the low tax rates in the Northern Territory, which have encouraged a number of gambling companies to licence there.

New Money Laundering Charges vs Tabcorp - #tabcorp This ongoing investigation into Tabcorp's extensive, significant and systematic non-compliance with Australia's money laundering and counter-terrorism financing legislation has resulted in these additional allegations," Jevtovic said.

Gaming Realms in deal with Scientific Games - Online gambling content developer Gaming Realms announced Thursday that it has inked a five-year content and distribution agreement with Scientific Games, although it did not provide any detail on the financial arrangements surrounding the deal.

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