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hadijaameria · 4 months

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toindexpages · 4 years

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Bulgaria’s parliament rejects proposal to close 638 casinos, slots halls

Bulgaria’s land-based gambling operators are breathing a little easier after the government rejected a proposal to close over 600 gaming venues in favor of 10 large integrated resort casinos.

On Wednesday, Bulgaria’s parliament adopted at first reading the ruling GERB party’s proposal to amend the country’s Gambling Act to bring the State Gambling Commission (SGC) under the supervision of the Council of Ministers from its current status as a branch of the Ministry of Finance.

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The legislature also approved GERB’s plan to allow the state-run Bulgarian Sports Totalizator to add online casino games to its existing betting and lottery mix, as well as a plan to create a self-exclusion registry for problem gamblers.

But only 22 deputies voted in favor of an amendment to close 638 casinos and slots halls across the country in favor of 10 mega-casinos in five-star hotels within 20km of the country’s borders. Only four MPs voted against the amendment but 127 MPs abstained, denying the amendment the necessary votes to proceed to a second reading.

The mega-casino amendment had been put forward by Valeri Simeonov, leader of the right-wing National Front for Salvation of Bulgaria (NFSB), the junior partner in GERB’s coalition. Simeonov, Bulgaria’s self-appointed moral guardian, had previously warned that the gaming industry would bring “huge financial resources” to ensure the defeat of his proposal.

Bulgaria’s land-based gaming industry, which had only just been cleared to relaunch their businesses last week following their lengthy COVID-19 shutdown, had indeed warned that the government stood to lose BGN60m (US$35.5m) in lost taxes on an annual basis, while also threatening some 30k jobs.

Some of GERB’s other coalition parties failed to support Simeonov’s plan, arguing that it would lead to a “whirlwind of illegal gambling and online betting.” Even the nation’s sports clubs opposed the plan, fearing the loss of major sponsorship revenue.

BOZHKOV STILL RANTING

Meanwhile, fugitive gambling czar Vasil ‘The Skull’ Bozhkov continues to threaten Bulgaria’s government from his temporary residence in the United Arab Emirates. Bozhkov, who was indicted in January on charges of extortion and bribery, is fighting Bulgaria’s attempts to extradite him from the UAE and appears determined not to go quietly.

Earlier this month, Bozhkov’s Facebook page alleged that top government officials, including Prime Minister Boyko Borisov, had asked him for a 20% cut in his National Lottery AD business in exchange for allowing him to carry on his business as usual in Bulgaria.

#casino #news

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dailykhaleej · 4 years

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Everything you need to know about the UAE’s first Sharia-approved loto

Weekly attracts are performed on-line each Saturday Picture Credit score: Equipped

Dubai: Emirates Loto – the UAE’s first fatwa-approved loto – topped its first winner with Dh350,000 this week and heads right into a jackpot of Dh40 million this Saturday. However what makes it compliant with Sharia regulation?

DailyKhaleej spoke to Emirates Loto CEO Paul Sebestyen, who defined, “Emirates Loto is not a lottery, we are basically a collectables scheme. Within that sale of collectables people have the option to participate in a mega draw once a week.”

The way it works

For Dh35 you can purchase a card with an iconic picture of the UAE on it, and a brand new set of eight playing cards are printed each quarter making them in impact restricted version.

Collectbables on provide Picture Credit score: Equipped

When you purchase a card you have the choice to enter a draw, the place selecting six balls from 49 and having six known as out will land you the jackpot. 5 out of six makes you a second tier winner ready to win up to a Dh1 million, 4 out of six will get you Dh300, and three out of six earns you free entry into subsequent week’s draw.

This week there was no jackpot winner, however one second tier winner who received Dh350,000. Forty two individuals bought 4 out of six and 1,200 bought three out of six.

If no-one wins the jackpot it rolls into subsequent week and the potential winnings enhance. Final week the jackpot was Dh35 million and this week it’s Dh40 million.

The draw – each Saturday – is audited, taped and monitored as per worldwide finest observe with a authorities consultant readily available. There are even three machines and three units of balls to be randomly chosen to guarantee every little thing is above board.

Curiosity was so excessive final week that 250,000 individuals visited the web site in 5 minutes, making it crash.

Three machines and three units of balls are randomly chosen earlier than every draw Picture Credit score: Equipped

Identical to a grocery store raffle

Paul Sebestyen

“It’s like when you buy certain products at your local supermarket and they enter you into a draw,” Sebestyen defined. “The one distinction is we’ve a weekly stay draw and we’re completely digital. You should buy your collectable from in considered one of 19,000 areas round the UAE or on-line and select to have it delivered and donate the price of its value to charity. You should buy it to enter the draw or simply to gather.

“We have a fatwa out of Abu Dhabi and as a business we adhere to Sharia principles. The idea of selling collectables with the option for purchases to enter you into a mega draw is what makes it Sharia principled and fatwa-approved,” added Sebestyen, who mentioned individuals might purchase as many collectables as they wished per week, earlier than including that on-line purchases had been monitored “because we want to be socially responsible.”

Echoes of England

Like the Nationwide Lottery in the UK, which has for many years funded forgotten arts and sports activities associated fields in Britain with grants, and is essentially attributed for serving to the nation acquire so many medals at the 2012 Olympics, Sebestyen mentioned Emirates Loto would even have a optimistic impact on the neighborhood.

“Unlike your local supermarket draw, we are in the business of changing lives for people in communities in need,” mentioned Sebestyen. “We offer funding for presidency CSR initiatives and as a personal enterprise our main focus is on offering funding for charities and organisations.

“I think, especially now, if you look at the way the world has changed with the economy and the drop in oil prices with all things going on related to coronavirus, such funding for charities and organisations for meals and training is really needed and we are hoping to contribute millions to these charities.”

The place has the cash come from to begin this?

“We are a private business organisation and although we have government licence we are not a government entity,” replied Sebestyen, who brings with him 35-years expertise in the discipline from his native US.

And will this open the door to different markets which have beforehand been closed to the idea of lotos, like as an illustration Saudi Arabia?

“For us right now we are primarily concentrated here in the UAE and this is where we want to concentrate our efforts and create funds for the local environment, but naturally as we are digital, people can log on from anywhere in the world.”

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diginewspoint-blog · 6 years

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New Post has been published on https://diginewspoint.com/indian-in-uae-hits-jackpot-wins-rs-18-crore-in-lottery/

Indian in UAE hits jackpot, wins Rs 18 crore in lottery

An Indian in the UAE has hit a jackpot by winning a whopping 10 million dirham in a raffle in Abu Dhabi, the latest addition to the long list of lucky winners from India. Dickson Kattithara Abraham, who lives in Nigeria, had purchased the ticket in Big Ticket Abu Dhabi, Khaleej Times reported.

The 10 million dirham (USD 27,22,450 or Rs 18,22,25,000) prize was announced at the Abu Dhabi International Airport’s arrivals hall this morning, the report said. Among nine other winners, five are Indians, three Pakistanis and one from the UAE, it said.

Big Ticket Abu Dhabi is a long-running and extremely popular prize draw hosted at Abu Dhabi International Airport. In April, an Indian driver in Dubai won a whopping 12 million dirham in a raffle draw in Abu Dhabi. In January, an Indian in the UAE had won 12 million dirham in the biggest-ever raffle prize money in Abu Dhabi.

Eight Indians were among the 10 people who had won dirham 1 million each in a mega raffle draw in Abu Dhabi in October last year.

#countries #india #lotteries #Economy #India

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hadijaameria · 5 months

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CALL [[[+256779892164]]] # INSTANT-LOTTERY-SPELLS-CASTER IN USA,SOUTH AFRICA, VEGAS, SINGAPORE, AND AUSTRALIA.

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hadijaameria · 6 months

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CALL [[[+256779892164]]] # INSTANT-LOTTERY-SPELLS-CASTER IN USA,SOUTH AFRICA, VEGAS, SINGAPORE, AND AUSTRALIA.

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hadijaameria · 6 months

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CALL [[[+256779892164]]] # INSTANT-LOTTERY-SPELLS-CASTER IN USA,SOUTH AFRICA, VEGAS, SINGAPORE, AND AUSTRALIA.

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