The LNB received an award during the World Lottery Summit 2024 in Paris.
El Salvador.- The National Lottery of Beneficence of El Salvador (LNB) was honored with a recognition for its leadership in responsible gaming practices during the World Lottery Summit 2024. The event was organized by the World Lottery Association (WLA) and took place from October 21 to 24 in Paris.
During a ceremony held at the Summit, the president of the LNB, Javier Milián, received the distinction. The institution highlighted: "This award reflects the efforts that the entire LNB family makes, achieving a solid and reliable institution that responds to the commercial, technological, and social challenges typical of state lotteries."
In 2023, the institution launched the "Responsible Gaming" campaign based on the seven principles of responsible gaming established by the WLA. The initiative prioritizes the well-being of players and their families, promoting healthy entertainment and minimizing the risks associated with gambling addiction.
See also: The LNB of El Salvador signed a cooperation agreement with the Institute Grow Together
"The recognition from the WLA is an honor that motivates us to continue improving and providing ethical and safe entertainment, as well as continuing to bring benefits to thousands of Salvadorans. We maintain the commitment to always act with transparency, ethics, and best practices, demonstrating that El Salvador is also a benchmark in the global state lottery industry," the LNB conveyed.
This year, the National Lottery of Beneficence of El Salvador became the official sponsor of the Clausura Tournament 2024 of the Copa Tigo Sports. In a press conference, Yamil Bukele, president Ad Honorem of the National Institute of Sports (INDES) and of the Salvadoran Basketball Federation (FESABAL), presented the details of the tournament.
The Ibero-American Corporation of State Lotteries and Betting (Cibelae) invited participation in the webinar on the “Certification Process of the WLA Responsible Gaming Framework”, which will take place on Thursday, November 14.
This event, organized in collaboration with the WLA and DigitalRG, aims to delve into the certification process of the WLA Responsible Gaming Framework.
CGS International highlighted GENM’s interest in Thailand’s gaming market.
Thailand.- The acceleration of casino legalization efforts in Thailand stands to significantly impact Genting Malaysia Berhad (GENM), with the company being heavily involved in the process according to local media outlet Business Times.
CGS International said that GENM is also maintaining its pursuit of one of the New York downstate casino licenses, strategically focusing on key markets to “capitalize on growth opportunities while improving operational efficiency and long-term profitability.”
Genting Group chairman, Lim Kok Thay, commented last May on the company’s interest in Thailand.
Thailand’s Prime Minister Pateogntarn Shinawatra announced on Monday (January 13) that the country’s cabinet has approved the draft bill to legalize casinos. It will now be headed to the House of Representatives for further consideration. No specific timeline for its enactment has been set.
The draft bill to legalize casinos proposes 30-year casino licenses with the option for a 10-year renewal. Complexes would be located in designated areas and operated by companies registered in Thailand with a minimum paid-up capital of THB10bn (US$283m). Casino entry fees for Thai nationals have been set at THB5,000 (US$144). A policy panel led by the Prime Minister and a regulatory agency would oversee the industry.
