Mmegi

Uncertainty kicks in after lottery license cancellation

Gambling machines
Gambling machines

A cloud of uncertainty has descended after the recent cancellation of the national lottery license, with reports of negotiations amongst the parties concerned as well as the possibility that the process may restart from scratch if the talks are unsuccessful, Mmegi has learnt.

The aggrieved party in the cancelled process, Ithuba Botswana, is also reserving its legal rights in the matter, having invested heavily over the years up until the final stretch when the matter collapsed.

The uncertainty comes after the Ministry of Trade and Entrepreneurship cancelled the country’s first-ever lottery, which was awarded to Ithuba Botswana. Highly authoritative sources told Mmegi the cancellation came due to the government’s unhappiness with the process. Reached for comment this week, Ithuba Botswana chair, Todd Mangadi, confirmed receiving formal communication from the Gambling Authority indicating that the Minister of Trade and Entrepreneurship has decided not to proceed with the lottery. He said a license agreement was negotiated between the two parties but never signed.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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