Number of lottery operators may be reduced to three in Kazakhstan

Date: 15:41, 22-01-2015.

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.

Share the news: