Number of lottery operators may be reduced to three in Kazakhstan
Astana. January 22. KazTAG - The draft law "On lotteries and lottery activity" prescribes reduction of lottery operators in Kazakhstan to three.
"The draft law prescribes limitation of operators to 3 entities, there will be 1 operator for each lottery type, - draw lottery, instant lottery and combined lottery," said Arystanbek Mukhamediuly, Minister of Culture and Sport, while presenting the draft law in the Majilis
In his words, 50% of the profit will be transferred to the prize fund by the operators, 20%- will go to operator’s revenues, 20%- on expenses and 10%- budget receipts.
"Frankly speaking today, not the authorized body, neither the tax bodies, nobody may control how much of profits from lotteries go to the prize fund," he said.