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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 :
EagleStrike Fantasy Sports Fantasy Sports Terminals -
A spokesman for EagleStrike told media outlets this week that the project only allows fantasy players who are physically located at terminals to enter contests, thus removing the unfair advantage experienced DFS players enjoy on online and mobile platforms.
Playtech Updates in 2016 -
The traditional post-interim results media conference by Playtech executives this week provided some interesting insights into the companys future plans and present priorities; among the revelations by chief executive officer Mor Weizer were the following:
Pokerstars and Betstars Now in Romania -
The licensing becomes effective from September 1 this year, enabling PokerStars.ro, BetStars.ro and Full Tilt to ditch temporary licensing they have been using to date in the Eastern European country.
New Online Poker Start Up -
The Malta-based online poker brand PokerGrant and EvenBet Gaming, a subsidiary of Russian software development group Enterra have partnered up to launch a new start-up focused enterprise providing prospective operators with real-money poker skins on its new network.
Aqua Slot -
GVC Holdings has announced the release on an exclusive basis to Danske Spil of a new slot developed by its in-house team and themed on Denmarks most successful ever pop act, Aqua, who shot to fame with their 1997 smash hit and all round ear-worm, Barbie Girl.
TriStar Pictures Releasing Movie on #DFS -
The book is reportedly the definitive work on the DFS scandals and enforcement reactions that have featured in mainstream and online media for much of the last eighteen months. It is due to hit booksellers sometime in 2017.
Newgioco Group continues to expand -
Italy-facing online gambling operator Newgioco Group, Inc. (formerly the OTC-listed Empire Global Corp.) has issued an update on its recent achievements, presumably to maintain share price momentum.
Betsson Now Carrying Gamevy Content -
The content deal between UK games start-up Gamevy and online gambling group Betsson came to fruition this week when Gamevys skill and strategic games went live across the gambling groups sites.
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