SVL announces approval of extension to the Lottery Gaming License

Tuesday, 12 April 2011 20:15

Supreme Ventures Limited (SVL) has announced the approval of an extension to the Lottery Gaming Licence for its subsidiary company Supreme Ventures Lotteries Limited (SVLL), to the year 2026. The approval was granted by the Betting, Gaming & Lotteries Commission (BGLC). The approval of the lottery gaming licence extension was also accompanied by amendments to the Conditions of the Lottery Licence. Under the new terms, SVL is required to invest at least US$5Million (approximately J$450Million) in upgrading and expanding its lottery and gaming operations in Jamaica.