Kyrgyzstan monopolized the lottery business

The Parliament of Kyrgyzstan with Jogorku Kenesh at the head approved in three readings a draft law prohibiting the activity of all lotteries in the country, except state ones.

The organizer of the professional lottery is a state enterprise authorized by the government. After accepting the document, according to preliminary calculations, about 150 million soms will be transferred to the budget. Part of the funds received from the work of lotteries will be directed in support of sports, education and culture.

Starting from State lottery company, it is planned to send KGS 70,000,000 (USD 1,020,310) million at the initial stage.

Check Also

Sportradar Liga Nacional de Basquete LNB

Sportradar and Brazil’s LNB Team Up to Elevate Basketball

Sportradar has entered into a multi-year agreement with Liga Nacional de Basquete (LNB), Brazil’s top …

illegal gambling arrests

Illegal Gambling Crackdown in Philippines: 8 Bookies Arrested

Rizal police in the Philippines  conducted a series of coordinated raids on Friday, resulting in …