Head of the Kyrgyz Cabinet of Ministers suggests shutting down the State Lottery
During a session where Chairman Akylbek Japarov reviewed reports on the 2023 activities of state enterprises, he criticized the performance of the State Lottery and proposed its closure.
"Why should the state maintain a monopolist company that does not make a profit?" he questioned the meeting participants. Japarov directed them to explore the possibility of liquidating the organization, which has been operating at a loss for the past two years.
In August 2018, Kyrgyzstan introduced the first edition of the State Lottery, known as "Ala-Too." The inaugural draw featured prizes such as a Toyota Camry 70, ten iPhone X smartphones, and other luxury items, with tickets priced at 100 soms (a little more than one dollar).
27 December 2023, 19:00
Legal
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Star Entertainment Group reminded of possible licence revocation
15 September 2024, 11:51
US lawmakers prepare new restrictions for the country's gambling market
13 September 2024, 08:24
China bans 43 people for life for match-fixing
10 September 2024, 15:00
Wynn Las Vegas Agrees to Pay Record Fine
9 September 2024, 15:01
Belgium bans gambling for under 21s
3 September 2024, 09:29
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories