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Sports Toto's Special Draw Will Be Less Than Expected PETALING JAYA 6 DECEMBER The government's decision to cut special draws run by number-prediction companies (NFO) from 22 to 8 per annum is expected to have less significant impact on Sports Toto Bhd's earnings than initially anticipated. Hong Leong Investment Bank Research said it was not too worried, as special draws usually have lower sales. They can also often cannibalise the sales of normal draws. Lotteries in India Lottery revenues are a significant part of the budgets of many states. It is also a very popular way to entertain India's rapidly expanding mobile-savvy, tech-savvy and tech-savvy population. However, this segment is struggling with a number of structural barriers that prevent it from growing even more. Fine-tuning taxation issues and pushing for widespread digitization could go a long way toward settling these challenges. State-level legal positions on lotteries vary from allowing them to banning completely. While some have a more permissive approach, most are restrictive in terms of ticket pricing and the use of technology as well as jackpot size and public image. These restrictions hinder the success of government-run lotteries as well as private lotteries. Their popularity continues to increase despite the fact that tickets are inexpensive and readily accessible and give them an advantage over illegal gambling operations or offshore operators. The lottery industry is expected to follow the digital boom, that has transformed all other areas of the economy. Aside from facilitating new modes of play, digitization will also make buying tickets quicker and more practical for Indian players. 안전놀이터 will affect the offline lottery, where many players are still used to buying tickets from local sales points. In the past, the absence of a national digital infrastructure and high cost of internet access hindered the growth of the lottery business in India. However, today, more than 750 million Indians have access to low-cost internet access, which has increased their purchasing power and convenience. The result will be a shift in market structure, with both offline and online segments interacting. Lottery players can now buy tickets online, and can play anywhere in the country. The Consumer Protection Act also provides the legal framework to settle complaints regarding deceptive advertising and other business practices. This ensures that lottery players won't be exploited by untrustworthy operators. While the majority are managed by the central government, a small number of states have private companies licensed to conduct their draws. Private lotteries are more flexible with their tickets' prices, jackpots and other parameters. They could also be more attractive to foreign investors. They also can avoid the restrictions of legislation that is a state-level, such as the prohibition on cross-State sales. Playwin is part of the Essel Group, is licensed to manage the Sikkim State Lottery. The company had financial problems after the introduction of GST. This led to an increase in ticket sales. The company is facing insolvency legal proceedings. Private lotteries are still very popular in India despite the risk especially for younger generation. They can be played on mobile devices, computers and televisions. The payouts are typically higher than traditional lotteries. However, many players are concerned about the safety and security of these platforms. They are concerned about the possibility of sharing their personal information. The government is trying to solve these issues by creating new regulations and encouraging responsible gaming. Notifying any suspicious activity can assist the general public.