The entities that benefited from the contribution were the Nicaraguan Institute of Sports and the Ministry of the Family.
Nicaragua.- The National Lottery of Nicaragua delivered the profits corresponding to the month of July, benefiting the Nicaraguan Institute of Sports (IND) and the Ministry of the Family (Mifan) with C$12,250m (USD328.739) each, for a total of C$24,500m (USD657.477) in contributions during the month.
The delivery of profits took place at the CDI of San Judas district III of Managua, within the framework of the commemoration of the 45th anniversary of the Triumph of the Sandinista Popular Revolution.
Virginia Molina, general manager of the Lottery of Nicaragua, detailed that in the first seven months of the year, they have delivered a total of C$171m (USD4.6m) in profits, C$85,750m (USD2.3m) for the Ministry of the Family and C$85,750m (USD2.3m) for the Nicaraguan Institute of Sports.
«I want to thank, mainly the lottery sellers who go out from sunrise to sunset to walk the streets of the country and distribute luck, the workers of the National Lottery and all the families who buy day by day the products of ordinary lottery, the scratch card and now the games of Instacash«, added the official.
See also: Nicaragua: demand for the creation of a law that regulates merchants selling gambling games
Ericka Espinoza, deputy minister of Mifan, thanked the support provided by the institution of luck. The official explained that with the contribution of the lottery, 16 thousand children who are in the CDIs operating in Nicaragua benefit. Also, the institution uses those funds for the care carried out in the homes of the elderly.
Gatchalian says the Senate is determined to pass a bill banning offshore gaming operators.
The Philippines.- Senator Sherwin Gatchalian has confirmed that the Senate is working to put president Ferdinand Marcos Jr.’s decision to ban offshore gambling operations into legislation as soon as possible. Speaking at a press conference, he said he expected a bill would be ready in two weeks.
The Senate Committee on Ways and Means is considering consolidating Senate Bill Nos. 63, 1281, and 2752 with SBN 2689 filed by Gatchalian. The latter would revoke Republic Act No. 11590, which pertains to the taxation of offshore gaming operators.
Gatchalian said: “We will clearly define what constitutes POGOs, what they are, and what businesses are associated with them, to institutionalise the ban. Regardless of who becomes President, POGOs will no longer be permitted because it will be established by law.”
The term POGO is no longer used officially. When asked whether the law would include internet gaming licensees (IGLs), the new name for POGOS, the senator said the bill would “prohibit corporations from taking bets from outside. Therefore, we will ban offshore gaming operators and related taxation.
He added: “IGL is not explicitly mentioned in the law; it is just a rebranding by PAGCOR. The law specifically refers to Philippine offshore gaming operations.”
Gatchalian said senators are also looking into domestic e-gaming, which some senators also want to ban.
