Starting March, the National Lotteries Board will retail Sri Lankas first online lottery ldblquote Rapido dblquote through over 150 agents in the Western Province.
Retailing at Rs 30 a piece with the chance of winning upto Rs 600,000 every fifteen minutes, NLB Chairman Mohan Wijesinghe says the new game will tap into the large segment of the population who dont play the lottery.
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rnldblquote We dont want to compete for the Rs 10 lottery ticket clientele. There is a business there and we want to let it continue.
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rnRapido will operate for ten hours a day, or a total of 40 draws. rn
rnNLB will invest over Rs 1 billion over five years in its fully owned subsidiary Online National Lotteries Private Limited (ONL), in adding new games and expanding the agent network. rn
rnInitial plans are to expand the online lotteries availability to over 450 agent terminals by mid 2004. rn
rnThe agents will be connected to a central server that will run the games.rn
rnRishard Pieries and the Senka