MAR 7 DE MAYO DE 2024 - 06:49hs.
After STF decision to end monopoly

Loterj will launch its own Mega-Sena with potential to generate US$190 million per year

According to the blog of journalist Ancelmo Gois in O Globo newspaper, Loterj, known for its “scratch cards”, will enter the universe of games similar to popular Mega-Sena. This will be possible after the decision of the STF, which ended the monopoly of gambling by the federal government. It is estimated that the business has the potential to generate R$ 1 billion (US$ 190m) per year in Rio. In December, Loterj's president, Oswaldo Ribeiro, had told GMB that “with regard to new products, they will soon be launched.”

At the public hearing that will take place on January 22, at 5 pm, Loterj will open space for the formal contribution of the participants by email to be disclosed at the meeting. According to Loterj, the focus is to make the process of choosing the operator for the new contract transparent, as well as making an attractive bid for the best and most robust agents in the market.

In the evaluation of the Lottery of the State of Rio de Janeiro, a great leap will be made in the technological base of the games to be offered in the state. Deadlines have not yet been established for bidding or for the start of operation of the new lottery modalities, but the intention of the organ's presidency is that it be as soon as possible.

Ribeiro, appointed just over a month ago, was excited about the decision of the STF and now, with the publication of the judgment that gives states a way to regulate their lotteries or, as is the case in Rio de Janeiro, continue operating with greater legal certainty and being able to plan investments in new products.

According to Ribeiro, “it is important to emphasize that the publication of the judgment reinforces legal certainty and consolidates the understandings about the competence of States to explore lotteries, including the receipt of revenues, important resources especially at this time when the pandemic impacted the economy. It is, therefore, an advance for the sector.”

Loterj, which already operates two lottery modalities (instant and conventional with multiple chances), should in the near future expand the range of offers of new products for Rio de Janeiro and as the decision of the Federal Supreme Court is recent and the publication of the judgment moreover, it is likely that the studies will be implemented soon after the turn of the year. About this, the president does not give deadlines, but says that "as regards new products, they will soon be launched."

Source: GMB