An agreement defined the conditions for third parties to operate the traditional lottery game or the lottery ticket game under the third-party operation modality.
This regulation is aligned with the provisions of Law 643 of 2001 and Decree 1068 of 2015, which seek to establish a clear regulatory framework that regulates the activities in this sector. Entities that wish to participate in the exploitation of this game must comply with a set of legal and administrative requirements detailed in the agreement.
One of the fundamental aspects for the authorization of the operation is the presentation of a feasibility study, which must be prepared following the parameters established in Decree 1068 of 2015.
This study evaluates the financial, administrative and operational aspects of the lottery and must include the analysis of conditions such as exploitation rights, taxes and reserves for the payment of prizes.
The feasibility evaluation is crucial to ensure that the operating entities can carry out the activity in accordance with current regulations and with the necessary solvency. In addition, the agreement requires operators to submit additional documentation that supports the legality and operational capacity of the entity.
Among the requirements are the formal constitution of the operating company, the declaration of not being disqualified or incompatible to operate and the certification of peace and safety regarding transfers to the health sector.
This process ensures that the entities in charge of the operation comply with current regulations and avoid irregular situations that may compromise the operation of the lottery. Another key aspect is the approval of the prize plan, which must be validated by the Technical Secretariat of the National Council of Games of Luck and Chance (CNJSA). This plan establishes the parameters for the granting of prizes to the winners and must be modified according to the established guidelines. The modifications to the prize plan must also be subject to a review, in order to ensure that the system continues to be efficient and profitable for the operators, while meeting the expectations of the participants.
The agreement also establishes a technical reserve accumulation regime, similar to that used in the direct operation of lotteries. This system ensures that operating companies have sufficient resources to guarantee the payment of prizes and in the event that resources are released from the reserve fund, it must be ensured that these are compensated quickly so as not to affect the liquidity of the system.
This measure protects both players and operators against possible financial contingencies.
