Maharashtra mulls online lottery

The Maharashtra government is looking to shift its paper lottery to online in order to earn more revenue, local media reports.

Maharashtra principal secretary (planning) Vijay Kumar Gautam said the government is currently studying Kerala’s lottery model.

"At present, the Maharashtra government runs a paper lottery system. A proposal has been made to introduce an online lottery system which should be unveiled by April this year," he said.

At the moment, the state only receives Rs 132 crore (US$20.7 million) from lotteries, with only Rs 7 crore earned from state-owned lotteries.

Gautam says online lotteries are gaining popularity.

"The north eastern states are getting good revenue. The online lotteries of other states do good business in Mumbai," he noted.

More news from this jurisdiction

IndiaThursday, Feb 08, 2018

India’s lottery market has the potential to be at least four times its current size if more states were to legalize sales and the industry presented more appealing content, says Kamlesh Vijay, group CEO for Sugal & Damani, one of the country’s largest lottery companies.

IndiaMonday, Jan 29, 2018

The government of Maharashtra has initiated a process to recover more than Rs. 933 crores (US$142 million) in taxes from the lotteries of Arunachal Pradesh, Sikkim and Mizoram, which are sold within the state.

IndiaMonday, Jan 29, 2018

AGTech Holdings has announced the launch of a new casual gaming and shopping platform in India, called the Gamepind Platform.

IndiaFriday, Jan 19, 2018

Goa could become a US$1 billion market once it transitions to a land-based market, said analyst Grant Govertsen in a note on Friday.

IndiaWednesday, Jan 17, 2018

The All India Federation of Lotteries Trade and Allied Industries has issued a public appeal for the reduction of GST on state-authorized lotteries.

IndiaTuesday, Jan 16, 2018

Delta Corp posted more than a 300 percent increase in net profit for the third quarter of FY18, reaching Rs. 44.7 crore (US$7 million), according to the latest figures.

IndiaMonday, Jan 15, 2018

The Law Commission of India is another step closer to finalizing its recommendations on the legalization of online betting.