Buying lottery license as an investment?

[Kurty]

hello,

 

i actually have some contacts that looking for buyer to buy their lottery license.

 

of course, it's not in singapore but malaysia.

license is for eternity, as you are aware.. the price of the license has grown over the years.. it's really a good source of investment.

profit, you will get your commission from every sales and winning..

operation is at penang but able to switch to other states with some underwriting.

no additional tax or whatever.

 

yes, license is for malaysian only but paper work can be done to allow foreigner as owner..

 

i know it's kinda impossible to obtain such operating license especially in singapore.. but in malaysia, it worth the thought.

yes, there are a few players such as toto, 4D and Da Ma Cai.

this license that i got is from Toto..

 

worth a thought?

 

sorry mods, if this is regard as an advertisement.

 

i just thought it would be a good talking point, since we buy flat, property as an investment.

why not, a lottery license?

Edited March 21, 2013 by Kurty

[Robin]

how much?

[Kurty]

  On 3/21/2013 at 3:43 AM, Robin said:

how much?

 

i was told that RM 4M, inclusive of all machines.

open for negotiation.

[Mrbms]

come come.. incorporate i company, do group buy

[Kangadrool]

Law is very flexible there also. Caveat Emptor.

[Kurty]

  On 3/21/2013 at 3:50 AM, Mrbms said:

come come.. incorporate i company, do group buy

 

if got group buy, i also want.

own 5% share also not bad..

[Tireburner]

What's the revenue per month in the outlet, and out of this how much goes to the owner , Berjaya sports Toto?