Sports Toto's Special Draw Will Be Less Than Expected PETALING JAYA (Dec 6) The government's decision to cut special draws according to number forecast operators (NFO) to eight per year from 22 is likely to affect earnings of Sports Toto Bhd, which is less than what was anticipated. Hong Leong Investment Bank Research said it was not worried, since special draws generally have lower sales. They also tend to be a threat to the sales of normal draws. Lotteries in India Lottery revenue is a major portion of the budgets of several states. It is also a popular method of entertainment for India's rapidly expanding, tech-savvy and mobile-savvy population. However, this segment struggles with a number of structural obstacles that hinder it from expanding further. Fine-tuning taxation issues and pushing for widespread digitization could be a significant step towards settling these challenges. The legal position of the state on lotteries can range from allowing them to ban them completely. While some have an open-minded approach but the majority are strict in terms of ticket pricing and the use of technology and jackpot size as well as public image. These restrictions affect the performance of lotteries run by governments and private lotteries. Their popularity is growing despite the fact that tickets are cheap and readily available, giving them an edge over illegal gambling operations or offshore operators. As the digital boom transforms other areas of the economy, it's highly likely that the lottery industry will also be transformed. Digitization will not just provide new ways to play, but also allow Indian customers to purchase tickets. This will affect the offline lottery, in which many players still have to buying tickets from local sales points. In the past, India's lottery industry was hampered by the high cost of internet access as well as the absence of a digital infrastructure. Today, 750 millions Indians have cheap internet access and this increases their buying capacity and ease of access. The result is likely to see a shift in the structure of the market, 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. In addition, the Consumer Protection Act offers a legal framework for resolving complaints about deceptive advertising and other business practices. This ensures that players will not be cheated by fraudulent operators. While the majority of lotteries that are approved by State authorities are run by central government officials There are a few States have licensed private companies independent of the government to manage their lotteries. These private lotteries are more flexible in way they price tickets as well as jackpot size and other parameters, and they might be more appealing to investors from abroad. They can also avoid restrictions of state-level legislation like the prohibition on cross-State sales. One case that stands out is the Essel Group's Playwin, licensed to operate the Sikkim state lottery. The company faced financial difficulties following the introduction of GST. This resulted in the decline in ticket sales. The company is facing insolvency legal proceedings. https://to-topia.com/ remain popular in India despite the risk particularly among younger generation. They can be played on mobile devices, computers and televisions. The winnings are generally higher than traditional lotteries. Many people are concerned about the safety and security provided by these platforms. They are also concerned about the possibility of their personal data being exposed. The government is trying to tackle these concerns by creating new regulations and encouraging responsible gaming. Notifying any suspicious activity can assist the public.