Банкеръ Weekly

Briefs

ELECTION LOTTERY COSTS BGN7MN

Although the Government spent BGN7MN to encourage the voting activity, it only persuaded 52% of the Bulgarians to go to the ballot-boxes. It also cost the rulers a lot to compete with companies in the gambling business by giving away cars, telephones, etc., in return to people's willingness to vote and send a short message by phone. The Government spokesman Dimitar Tsonev who was personally responsible for the so-called election lottery announced that the initiative cost BGN5 per vote. The amount was calculated by dividing the BGN4MN allocated to the lottery into the number of voters who took part in it (700,281). According to information of the Government, 20% of those who voted on June 25 registered in the lottery. Of all 700,281 applying voters, 250,167 used the Bulgarian Telecommunication Company, 204,638 used GloBul, and 245,476 applied through the INTERNET, the spokesman explained.According to legal experts, however, if the Gambling Act is to be observed, there are no reasons to define the presentation of awards by the executive power to the voters a lottery or a lotto. Still, this definition was used in the course of the election campaign by the members of the cabinet. According to the law regulating the organisation of gambling games in Bulgaria, the organisation of a lottery requires printing tickets with different series and numbers. In turn, in a lotto players choose combinations of figures in advance. In this case, as it is well known, neither of these conditions was valid.

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