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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 :
European Union gambling jurisdictions -
The agreement forms part of the ongoing implementation of the Commission’s action plan ‘Towards a comprehensive European framework for online gambling’ of 2012, which inter alia aims to create structural cooperation between national gambling authorities to improve the protection of consumers, minors and ensure the integrity of games.
Danny Gladstone Announcement on Ainsworth Game Technology -
The market’s negative reaction to Ainsworth Game Technology’s announcement on the departure of its group manager of strategy and development, Scott Clarebrough, has prompted a response from chief executive Danny Gladstone who said “the market had over-reacted”.
Opap Files 1 Billion damages claim against Greek Government -
The Greek Government’s introduction of new lottery regulations, which effectively halt the further rollout of video lottery terminal’s (VLT), was met with an aggressive response from domestic gaming monopoly OPAP who filed a Euro 1 Billion damages claim against the Government this week.
Phil Ivey Granted Appeal in Crockfords Case -
Our readers will recall, Ivey used what he deemed a legitimate technique when playing Punto Banco at the Mayfair club in August 2012 with a female companion, however a British court ruled in favour of Crockfords in 2014 saying he breached the rules of the game
Pokerstars Boycott -
Russian online poker player and twoplustwo forum member Dani Stern aka “I from Russian” is taking on online poker giant PokerStars saying “a site that was once clearly for the players, has completely lost sight of that”.
Rock On Slot Review -
Since Rock On only offers three coin types—0.01, 0.05 and 0.10—bets can be fairly low for this game, which is great because it makes it accessible to all players, regardless of their bankroll.
A Switch in Time Slot Review -
That A Switch in Time has actually weathered the test of time speaks to the game’s durability, quality and engaging features that hook players from the get-go.
Microgaming Slots Set For Release -
Microgaming has uploaded a sneak peak at six upcoming titles “Happy Holidays”, “Serenity”, “Lucky Twins”, “Peek A Boo”, “Bikini Party” and“Dragon Dance”.
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