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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.
Gambling News :
Washington State Says Fantast Sports Betting is Illegal -
#dfs #draftkings With interest in daily fantasy sports reaching peak levels in recent months, and the US football season about to kick-off, the Washington State Gambling Commission has reminded its citizens that this genre falls under the bans imposed by RCW 9.46.240.
First Bitcoin SportsBook Launches -
BetCoin Bitcoin Entertainment Network (BBEN) claims it has debuted the first virtual sports offering for its players, rolling out its entry into the sportsbook sector with virtual sports and virtual displays for live events, all available for desktop and mobile Bitcoin gamblers.
Jokers Gold Slot Launches -
The five-reel game features ‘each way’ Wilds along with a Free Spins bonus round, where Jokers land in view and expand to fill the reel and become ‘Super Jokers’. Any Super Jokers symbols that land in view stay in place for the remainder of the free spins.
Nevada July 2015 Gambling Numbers -
For the second month running Nevada gambling revenues have declined, according to statistics released Friday by the Nevada Gaming Control Board.
Italian Online Gambling Numbers -
Since the Italian regulator AAMS stopped making online gambling statistics publicly available two years ago, reliable information on the local scene has been hard to come by, but the problem was solved by the ever-inquisitive Italian media this week.
888 HOLDINGS COMMENTS ON BWIN-PARTY BID -
After some weeks of silence whilst GVC has been upping its offer for Bwin-Party, rival bidder 888 Holdings plc issued a statement Thursday indicating that it stands on its earlier proposal, which the Board of Bwin-Party continue to recommend.
NYX Gaming Earnings Report -
Despite record levels of revenue the NYX Gaming group felt the drag of its underperforming online poker subsidiary Ongame in the second quarter of 2015, its latest results disclose.
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