“State video lottery” that would regulate online lottery will run until the end of March or early April.
This was stated by the government spokesman Aleksandar Gjorgjiev who indicated that so far the online gaming in Macedonia did not existed and the financial means were spent out from the country for the foreign online games.
At the State Video Lottery, the State Lottery of Macedonia will participate with 51 percent and its partner with 49 percent, the world-renowned company in the field “Casino Austria”.
State Lottery of Macedonia will not have direct financial effect, while “Austria Casino” in this project initially will invest 6 million euro.
- With the implementation of the projects and its functioning, we will realize great number of goals. They are regulation of the system of organization of online gaming, but what is important is that in the future we will not have a significant outflow of millions of funds out of Macedonia as we had in the period when these kinds of games were not organized by the domestic entity, said Gjorgjievski.
He further added that it means more revenue for the Budget of the Republic of Macedonia on the basis of certain taxes and greater funding for those items that are financed through funds received such as more funding for health, environment, the assistance to vulnerable groups and other target groups that are fully or partially funded.