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Industry & Economy - Lottery


Karnataka: Plea to lift ban on online lottery

Our Bureau

Bangalore , Dec. 22

THE Online Lottery Retailers' Forum has urged Mr Basavaraj S. Horatti, Minister of Small Savings and State Lottery, to lift the ban on online lottery. In a memorandum submitted to the Minister on Monday, the Forum said that the ban on online lottery has proved to be counter-productive, as it has led to an increase in the sale of single digit and other illegal forms of lottery. "The State has lost over Rs 200 crore a year in terms of revenue," the memorandum said.

The sale of online lottery is only about Rs 1 crore a day compared to paper lottery, which is about Rs 10 crore a day. "We fail to understand what purpose is served by banning online lottery which had a market share of less than 10 per cent," according to Mr Devidasan, Convenor of the Forum. In the absence of online lottery, people are being forced to participate in single digit and matka lotteries, he added.

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