Lotto operator on monthly licence as gov’t mulls new tender

Lotto operator, Canadian Bank Note (CBN) has been operating on a monthly licence and President Donald Ramotar yesterday indicated that government is considering going back to tender on the franchise.

“Maybe there should be some consideration on going out back to tender to see if we can get a better deal on that,” the President said at a news conference at State House yesterday. He noted that CBN through its wholly-owned subsidiary, the Guyana Lottery Company (GLC) has been here for a long time but said decisions on going back to tender have not been made as yet and that is why the company has not been given a long-term commitment as this point in time.

In 1996, government and CBN signed an agreement under which the …..To continue reading, login or subscribe now.



Join the Conversation

After you comment, click Post. If you're not already logged in you will be asked to log in or register.

The Comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit/delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity. We moderate ALL comments, so your comment will not be published until it has been reviewed by a moderator.