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Sports Toto's Special Draw Will Be Less Than Expected PETALING JAYA (Dec 6) The government's decision of reducing special draws according to number forecast operators (NFO) to eight per year from 22 is likely to affect the earnings of Sports Toto Bhd, which is less than what was anticipated. Hong Leong Investment Bank Research stated that it was not worried, since special draws typically have lower sales. They also tend to be a threat to the sales of normal draws. Lotteries in India The lottery industry contributes a substantial amount to the budgets of State governments. It is also a very popular form of entertainment for India's rapidly expanding mobile-savvy, tech-savvy and tech-savvy population. This segment is hindered by a myriad of structural obstacles that prevent it from expanding. The fine-tuning of taxation issues and pushing for widespread digitization could go a long way toward solving these problems. State-level legal positions regarding lotteries range from allowing them to banning them completely. While some states have more discretionary policies however, the majority are stifling in regards to ticket prices, technology use and jackpot size as well as public image. These limitations affect the performance of both government-run and private lotteries. Their popularity continues to increase despite the fact that tickets are inexpensive and widely available which gives them an advantage over illegal gambling operations or offshore operators. As the digital boom transforms all other sectors of the economy, it's highly likely that the lottery industry will follow suit. Digitization will not only facilitate new ways to play however, it will also make it easier for Indian consumers to purchase tickets. TOTOPIA will have an impact on the parallel, offline lottery dimension, where many buyers are still used to purchasing tickets in person at the local sales point. In the past, the lottery industry in India was hindered by the high cost of internet access and the lack of a digital infrastructure. Today, 750 millions Indians have access to cheap internet, which increases their purchasing power and convenience. The result is expected to be a shift in the market's structure with offline and online segments coexisting side by side. Lottery players will be able to purchase tickets online and to play from any part of the country. The Consumer Protection Act also provides an legal framework for settling complaints regarding deceptive advertising and other business practices. This guarantees that lottery players will not be cheated by unscrupulous operators. While the majority are run by the central government, a small number of states have licensed private companies to conduct their draws. Private lotteries are more flexible with their ticket prices, jackpot size and other aspects. They can also be more appealing to foreign investors. They can also avoid the restrictions of state-level legislation like the ban on cross-State sales. Playwin is part of the Essel Group, is licensed to manage the Sikkim State Lottery. The company was plagued with financial issues following the introduction of GST which caused an increase in ticket sales. The company is now in the process of filing for bankruptcy procedures. Private lotteries remain popular in India despite the risk, especially among the younger generations. They can be played from mobile devices, computer browsers, and TVs and the prizes are generally greater than those offered by regular lotteries. However, many players are concerned regarding the security and safety of these platforms. They are also concerned about the risk of exposing their personal information. The government is attempting to solve these issues by adopting new regulations and encouraging responsible gaming. The public can help by notifying any suspicious activity to the authorities.