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the advantage 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 impact the earnings of Sports Toto Bhd less than was expected. Hong Leong Investment Bank Research said it was not overly concerned since special draws generally have lower sales, and frequently reduce sales from normal draws. Lotteries in India The lottery industry contributes a substantial amount to the budgets of State governments. It is also a popular form of entertainment among India's rapidly growing, mobile-savvy and tech-enabled population. This segment is hindered by a variety of structural obstacles which prevent it from expanding. These challenges could be resolved by addressing taxation issues, and pushing for mass digitalization. The legal position of the State on lotteries ranges from allowing lotteries to completely banning them. While some have an open-minded approach, most are restrictive in regards to ticket prices and the use of technology as well as jackpot size and public image. These restrictions affect the success of both government-run and private lotteries. Their popularity continues to increase despite the fact that tickets are affordable and widely available which gives them an advantage over illegal gambling operations or offshore operators. The lottery industry is likely to be a part of the digital revolution which has transformed all other industries of the economy. Digitization will not only facilitate new ways to play, but also facilitate Indian players to purchase tickets. This will affect the lottery that is played offline, where many players still have to purchasing tickets at local sales points. In the past, the lack of a digital infrastructure in India and high cost of internet access impeded the growth of the lottery industry in India. Today there are 775 million Indians have access to cheap internet services, increasing their purchasing power and convenience. The result is likely to see a shift in the market's structure with online and offline segments coexisting side-by-side. Lottery players will be able to buy tickets online and to play anywhere in 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 lottery players will not be abused by untrustworthy operators. While the majority are managed by the central government, a few of states have licensed private companies to manage their draws. Private lotteries are more flexible in the terms of their ticket pricing and jackpot size, as well as other parameters, and they may be more attractive to investors from overseas. They can also avoid restrictions of legislation that is a state-level like the prohibition on sales across state lines. Playwin, a subsidiary of the Essel Group, is licensed to manage the Sikkim State Lottery. The company was facing financial challenges after the introduction of GST. This led to the decline in ticket sales. The company is now facing bankruptcy legal proceedings. Private lotteries remain popular in India despite the risks especially for younger generation. They can be played on mobile devices, computers and even televisions. The prizes are usually higher than regular lotteries. Many consumers are concerned about the security and safety offered by these platforms. They are also concerned about the risk of their personal information being disclosed. The government is attempting to tackle these concerns by adopting new regulations and encouraging responsible gaming. The public can help by reporting any suspicious activity the authorities.