INDIA

[Punjab] Lottery winner – Congress Leader wins Rs 1 crore Diwali Bumper

[Punjab] Lotteries disburse Rs.168.78 crore to winners in 2006-07
[Bhutan] Lottery agency up for grabs
[Italy] Jaymin Patel appointed CEO of GTECH and to the Board of Lottomatica  

Main

<< Back to Home >>

Cong leader wins Rs 1 crore lottery
 

[timesofindia, Malerkotla 16 Nov 07]
 

The proud winner along with his family (Agencies Photo)
A rigid stand taken by his kids has made him a crorepati. Youth Congress leader Mohammed Shakil has won Diwali bumper lottery of Rs 1 crore. Shakil, a close confidant of local MLA Razia Sultana runs a pan shop.

On November 2, his kids went on asking him to purchase a lottery ticket repeatedly. At last, he conceded the kids' demand and purchased 10 tickets of Punjab State Maa Laxmi Diwali Bumper from post office from assistant postmaster Mohd Sarwar. On Wednesday morning, when he saw the newspaper, his happiness knew no bounds as his ticket number A 732800 had won the first prize of Rs 1 crore.

As the news spread, people started thronging to congratulate him, sending Shakil's family including mother Bashira, wife Shamim Akhtar and relatives dancing to the Dhol beats. Bashir thanked God for the fortune.



 

Main

<< Back to Home >>

[Punjab Newsline Network, Chandigarh 05 Nov 07]

The Punjab State Lotteries Department has earned a record income of Rs. 168.78 crore during the year 2006-07. This was stated here today by Mr. Raj Khurana, Chief Parliamentary Secretary, Finance while giving away Prizes to the winners of Punjab State Rakhi Bumper-2007 and monthly lotteries of July and August 2007 at a State level function organized by the department of lotteries.

The two lucky winners of first Prize of Rs. 1 crore each of Rakhi Bumper 2007, Kulwinder Singh S/o Gurdev Singh of Mohali and Mr. Srikant Beri S/o Sheetal Chander Beri of Phagwara were given the drafts of Prize money. Besides this five other winners of monthly lotteries also received the drafts. Total amount of Rs. 2.55 crore was disbursed as Prize money to the winners.

Speaking on the occasion, Raj Khurana said that Punjab State Lottery system has earned extreme popularity due to its transparent and fair draws system. Highlighting the achievements of the department, he said that besides adding huge money to the state exchequer over the years, the department has generated tremendous avenues of self-employment and also utilized the funds generated to execute various development activities in the state for the welfare of the people. He, however, cautioned the people to remain away from the speculative trends in the name of lotteries.

Speaking on the occasion, Jaspreet Talwar, Director Lotteries said that the Punjab Government was already taking steps to check the speculative trends through slip systems in the name of weekly lotteries. Departmental flying squads were already active to nab a few outsiders involved in this game promoting speculations. To make the system people friendly and transparent, the department has started selling the lottery tickets through post offices also, she said. She assured that the tradition of transparency in the entire lottery draws would be maintained at all costs. She also appealed to the public to keep their full faith and confidence intact in the Punjab State Lotteries and keep buying lottery tickets for the next Punjab State Ma Lakshmi Diwali Puja Bumper 2007 draw due on November 14, 2007.

Sanjay Kumar, Secretary Expenditure and Ms. Parneet Suri, Special Secretary Finance were also present on the occasion.
 

Main

<< Back to Home >>

[Phuntsho Choden, phuntshochoden@kuensel.com.bt / kuenselonline.com 07 Nov 07]

Eight Indian companies have been invited by the finance ministry to take part in the bidding, which will be held on 09 Nov, to become the marketing agent for the Bhutan paper lottery in India.

The ministry will run a ‘technical evaluation’ of the bidders today to check on their credibility and capacity to be the marketing agent.

Sanjay Jayantilal & Company, that had been running the Bhutan paper lottery for the past 25 years, is among the eight bidders. “I am here to make my best offer,” said Jitendra Chheda, one of the partners of the company.

According to a government source, a person was appointed before Sanjay Jayantilal & Company to run the lottery, but the person failed to give the government the revenue on time. In 1982, Sanjay Jayantilal & Company expressed interest to become the marketing agent in India and the government had agreed on the condition that the bidders would honour their commitment, especially in terms of revenue. “The agreement between the government and the company was renewed each time it expired because the company never failed to submit the revenue,” she said. “It was reliable and the government developed a strong relationship with the agent.”

Sanjay Jayantilal & Company generated about Nu 2,100 million for the government in the past 25 years.

“Our present agreement expires on December 31, 2007,” said the company’s partner, 50-year old Jitendra Chheda. “I think the ministry decided to select an agent through bidding to have more transparency in choosing an agent, because people were starting to doubt why the same agent was running the lottery for years.”

The actual number of companies that will bid on November 9 will only be known two days before, after they fulfill certain criteria, said the secretary of the finance ministry, Dasho Yangki T Wangchuk.

According to Jitendra Chheda, the market for the Bhutan paper lottery, one of the biggest revenue contributors to the government, is in the four Indian states of Kerela, West Bengal, Maharashtra and Punjab. Initially, the lottery was run all over India, but later many states banned the lottery.
 

Main

<< Back to Home >>

[publicgaming.org - Morning Report 12 Nov 07]

Jaymin Patel appointed CEO of GTECH and to the Board of Lottomatica Jaymin Patel, currently President and Chief Operating Officer of GTECH, has been appointed Chief Executive Officer of GTECH Corporation, and to the Board of Directors of Lottomatica SpA.

Commenting on the changes, Mr. Pellicioli, Chairman of Lottomatica S.p.A., said, "I am confident in Lottomatica's growth plan and committed to driving its continued success.

I look forward to working with our operational leaders, Marco Sala – Managing Director for the Italian operations - and Jaymin Patel, to ensure that we are successful in taking advantage of the significant opportunities ahead and deliver enhanced value to our shareholders."

Jaymin Patel joined GTECH in July of 1994, after approximately five years with PricewaterhouseCoopers in London.

Since then, he has held a series of increasingly responsible financial positions within the Company, including Finance Director of GTECH’s European and African Operations and Vice President of Financial Planning & Business Evaluation.

From January 2000 to April 2007, Patel served as Senior Vice President and Chief Financial Officer of GTECH Corporation, and from August 2006 to April 2007, he also served as Chief Financial Officer of Lottomatica S.p.A. During his seven years as Chief Financial Officer of GTECH, Patel was instrumental in driving growth across the business, leading cost optimization initiatives, and substantially improving the capital efficiency of the Company.

Patel’s tenure as the Chief Financial Officer culminated in his leadership in coordinating the financing for the Lottomatica acquisition of GTECH. Patel was appointed President and Chief Operating Officer of GTECH in April of this year.
 

Main

<< Back to Home >>