EDITOR, The Tribune
Gambling - be it Web Shops, Lottery or what have you! Do we, the Government, have to rely on this social breaker to such a high extent?
Remind me pre-May, 2017, was the FNM in favour of legalizing web shops? No - they now smell the millions and want as much as they can squeeze, because there is an enormous political issue, in the well-being of the licensed web shops. Every five-years there is a General Election. Any major party needs $10-15 million to contest an election. As vulgar as that is, but that is the truth. Years past parties relied on the foreigners, the big players, but for sometime the web shop industry, has become the deep fountain for funding – financing elections.
I have my suspicions, as to the real reason why the FNM now are floating Lottery. It is and I firmly believe, could be as to favour the local party or parties that might operate a lottery. By giving them the Lottery Licence, they will not finance potentially the PLP.
About 10+years ago, a National Lottery was shown to possibly net $40m … today with the proliferation, my guess it would not exceed $15m. So why do it? Politics? Suspect so!
August 6, 2019