There was joy and fulfillment in the faces of staff and management of Golden Chance Lotto and Winners Golden Bet on the morning of Thursday, 28th August, 2014, as the new gigantic building for the Ibadan service of the two companies was officially commissioned and dedicated.
The official commissioning was performed by the Chairman of the Pools and Betting Commission in Oyo State, Prince Akinbiyi.
Speaking at the commissioning event, Prince Akinbiyi commended the Golden Chance Lotto for playing by the rules and regulations of the pools, lotto and betting games noting that the company has instill confidence in the minds of lotto players due to its transparent and honest performance.
“I pray to Almighty God to continue to strengthen this company and that this company will never go bankrupt,” he said.
Speaking earlier, the Managing Director of the Golden Chance Lotto, Mr Charles Arthur, commended the commission for enforcing the rules of betting and lotto in the state which has assisted in bringing sanity to the industry and drive away dubious people from the industry.
“However, Mr Chairman, we need to say that the miscreants are not fully flushed out of the industry. They are still perpetrating their nefarious activities due to their greed and stubborn attitude hence we want you not to relent in putting in place measures that will fully sanitise the industry,” Arthur said.
According to him, the Lotto company has just introduced seven new games, which were put in place as response to the “clamouring of the stakers and agents” noting that, “our dedication of this house is an indication that we have come here to do honest and mature business and that we intend to be around for a very long time”.
Arthur also advised that government should realise that unlike conventional lottery, there is no ceiling to winning in lotto. “Anyone can win any amount. Government tends to think that there is flowing money in this business. This is not so. It is a very risky business that requires shrewd financial management,” he said.
The gigantic two-storey building will house the operations of Golden Chance Lotto and its sister company, Winners Golden Bet in Ibadan.