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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 :

Pokerstars Stops Real Money Play In #Isreal - Online poker giant Pokerstars shocked Israeli real-money players this week with a notification that, effective June 27 it is to withhold services from players in that country.

SPorts Betting Developments in South Africa - South African lawmakers may have nixed the legalization of online gambling in general, but the sports betting variant, which has restricted legality, continues to prosper.

UK Gambling Commission appoints Tim Miller - The UK Gambling Commission has announced the appointment of Tim Miller as an executive director with responsibility for oversight of corporate affairs, stakeholder engagement and the evidence and analysis team.

Casual Connect gaming conference July 18-20 - The burgeoning social casino vertical will be centre stage at the next Casual Connect gaming conference, scheduled for July 18 - 20 in San Francisco.

Busy Week For #Novomatic - Tatts, the Australian gambling group which bought Talarius eight years ago announced Sunday that it has sold the 153-venue adult centres chain to the UK branch of Novomatic for A$210 million (GBP 116 million), which it would use to pay down debt.

Reel Spinner #Slot Launched By #microgame - Isle of Man-based online gambling software provider Microgaming has released details of its new online slot, Reel Spinner, which will be launched next (July) month.

PlayNgo Awarded Romanian #gambling License - Swedish online gambling software provider Play’n GO has been awarded a class two license by the Romanian National Gambling Office, the company announced Monday in a press release.

2016 #WSOP Event 39 - He made his deepest run yet this year in the Six-Max NLHE event, busted out at fourth for $183,989 by Kozlov, who went on with a solid chip lead to score the rare double elimination of bracelet-holders David Kitai of Belgium and Justin Bonomo of the USA and claim victory.

Football Betting Ring Busted in Singapore - The police in Singapore have released details of an online football bust on an illegal betting enterprise that handled S$200,000 (Euro 134,000) in wagers in the first weeks of the Euro 2016 championships.

Colossus Bets Launches new tennis pools - Football and sports jackpot provider Colossus Bets has announced the launch of its new tennis pools product in time for the Wimbledon matches.

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