Ministry of Investment, Trade and Commerce on Boledo Lottery Agents Concerns
Belmopan. March 28, 2019. The Lotteries Committee and the ministry with responsibility for Investment, Trade, and Commerce, in response to media sources circulating a complaint from a purported Lottery Agent, would like to share the information below:
The Lotteries Committee and Government of Belize awarded, through a competitive tender process, an exclusive ten-year lotteries license to Brads Gaming Company Limited located on #2 Farmers Market, Belize City, Belize on April 16 th , 2010. The main objectives were to increase the efficiency in which the lottery is administered and operated and to work towards the elimination of unregulated and illegal sale of lottery. The license granted is to promote, hold and conduct the Government Lotteries, namely, “Boledo Lottery”, “Jackpot Lottery” and “Ordinary Lottery”.
Prior to 2010, revenue from lotteries to the Government amounted to approximately three hundred thousand Belize dollars (BZ$300,000.00) which was in a downward trend over the years due to the uncontrolled illegal sale of lotteries. This total revenue earned by Government has increased significantly after the outsourcing to a total of two million Belize dollars (BZ$2,000,000.00) from license fees in addition to revenues collected annually in the form of business tax from the company managing the Government Lotteries and its agents.
A key component under the license is to phase in new technologies to make the sale of lottery tickets electronic in order to decrease the cost of printing wastage and to ensure that the lotteries are taxed accurately. Brads Gaming Company has reported that there is a total of 400 lottery agents across Belize. Of these only 40 agents located in the Orange Walk District and three agents in the Cayo District are still using the paper system. The transition plan and education system are still being implemented in the Orange Walk and Cayo districts, while the other districts can be considered as being fully electronic.
As the ministry with the responsibility for Government Lotteries, the Ministry of Investment, Trade, and Commerce continues to assess the implementation process to finalize the transition from the paper-based sale of tickets to an efficient electronic system. This will allow the Ministry to ensure that the transition continues and, as much as possible, reduces any cultural shocks and negative impacts to all existing lottery agents.
Ministry of Investment, Trade and Commerce on Boledo Lottery Agents Concerns Belmopan. March 28, 2019 . The Lotteries Committee and the ministry with responsibility for Investment, Trade, and
The person in our next story is definitely a contender for VH1′s “Best Week Ever.” Thirty-four year old Belize City salesman Osvaldo Zetina can’t stop smiling. On Sunday, he won a hundred and ten dollars in the Boledo draw and then on Monday morning, he found out that he had won a hundred and five thousand dollars in the weekend Lotto jackpot. We caught up with Zetina this afternoon as he stopped by Tropical Gaming to pick up his cheque.
Osvaldo Zetina, $105,000 Lotto Winner
?I buy Boledo almost everyday and I just won Sunday also with the forty-two.?
?You win Boledo too??
?How much you win??
?Only ten piece.?
?This morning I just went to collect from a lady by the Prime Minister?s office and this old guy, the security guard was just coming back from this office with the Lotto numbers. And I told him, ?Let me copy those numbers, cause I want to check my ticket.? So I went in my car, took out my ticket, and when I look I got the five numbers, so dah like what, I win the lotto!?
?So you just start laughing to yourself…?
?Yes, I was laughing and then I just bust in my car to come straight here.?
?So have you decided how you going to use the money??
?Well at the moment I am just going to put it in the bank for now, then decide … but definitely I?m aiming for a house.?
The winning numbers on Zetina’s ticket are 03-11-14-21 and 28. After taxes, Zetina takes home eighty-nine thousand, two hundred and fifty dollars.
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Belize lotto The person in our next story is definitely a contender for VH1′s “Best Week Ever.” Thirty-four year old Belize City salesman Osvaldo Zetina can’t stop smiling. On Sunday, he won a