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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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Brewers Challenge Pirates for Wild Card -
The Pittsburgh Pirates are currently second in the National League’s wild card race, and they will challenge the third placed wild card contender, the Milwaukee Brewers (79-73), this weekend in a head-to-head series starting Friday. It won’t be easy as Milwaukee has been a mainstay atop the NL Central division until recently.
NJ SportsBetting Fee 0.25 percent fee on every bet placed -
In a letter written by New Jersey State Sen. Jim Whelan (D-Atlantic) and Assemblyman Vincent Mazzeo (D-Atlantic) to NBA Commissioner Adam Silver, a 0.25 percent fee on every bet placed and channeled to professional leagues such as the NBA, NHL, NFL and MLB was proposed.
Pokerstars Migrating To Pokerstars UK -
PokerStars.fr has notified UK customers of the migration of their accounts to PokerStars UK on October 1, 2014. This measure reportedly also applies to PokerStars.com accounts.
ECOGRA UPDATES SELF-REGULATORY REQUIREMENTS -
Independent online gambling regulatory adviser and testing agency eCOGRA, an organisation accredited by twelve different European regulatory jurisdictions, has announced the latest updates to its self-regulatory requirements
GBGC legal Challenge To UK Place of Consumption tax -
According to Olswang International legal firm, the Gibraltar Betting and Gaming Commission (GBGC) will have its legal challenge against the soon to be imposed UK Place of Consumption tax heard by the British High Court on Tuesday 23 and Wednesday 24 September 2014.
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