Taking Bets

Working towards meeting a mid year target to launch Sri Lankas second online lottery, the Aitken Spence endash Getch Corp., partnership will invest Rs. 1.2 bn through the Board of Investment in their local operation.
Aitken Spence Getch., will provide turnkey lottery management services including the installation, operation, and maintenance of the online and instant central system to be used by the Mahaploa Funds wholly owned lottery subsidiary. rn

rnServices also cover installation and maintenance of the 1000 lottery terminals initially, field services, marketing support, hotline operations, and retailer selection and training. rn

rnThe Mahapola online lottery subsidiary is forecasted to generate over $100 million in revenues over its 10 year contract. rn

rnUS based GTECH Holdings Corp., signed the 10-year integrated services contract with the Mahapola Trust Fund in early December after beating eight other bidders in a competitive bidding process. The contract also includes a five-year extens