Moldova will have state lottery

The Government approved the decision to create SA National Lottery of Moldova. According to Minister of Finance Veaceslav Negruta, the move is aimed at earning additional incomes to support activities in culture, education. sport and other areas, Info-Prim Neo reports. Veaceslav Negruta said there will be created new workplaces and conditions for developing such related areas as typography, advertising, and transport. An estimated 500,000 lei is needed to found the company. The Ministry of Finance will act as the founder and will approve the constitution documents, register the company and name its administrator. The company will start work in three months. This way, state monopoly is introduced on the national lotteries, in accordance with the legislation. The private companies that have a license for running gambling activities will be able to work until the license expires.

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