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Tag Archives: Instant Lottery Tickets

Brazil – Government looking to privatise instants

The Brazilian government is looking to privatise instant lottery tickets this year in order to increase revenue. Instants are currently run by the largest state owned bank; the Caixa Econômica Federal (CAIXA). According to government sources, the privatisation of instant tickets would generate revenue of between R$2.2bn and R$4bn a year while annual revenue for…