Euroslot - the independent voice of the amusement and gambling industry
Euroslot E-Alerts

Slots Logic reviews and rates the world's top online slots.

Visit Casino Advisor for the best online casino reviews, news and much more.

  • Click here to visit the Park World website
  • Click here to visit the Casino International website
A lottery to sell a hotel?
Published:  10 November, 2009

Antonio Milo, the Neapolitan Member of Parliament of the Gruppo Misto party is reviving the idea of one or more real-estate lotteries to revitalize the hotel sales sector. Milo has told the Ministry of Finance that the general economic crisis has affected the construction and property market in a particularly serious way, resulting in some cases in the lack of interest in the purchase of real estate, in particular buildings intended for use as hotels; "The owners of hotel businesses in the province of Bolzano who find it necessary to sell a hotel, having failed to find purchasers for the reasons stated above, have been thinking of alternative solutions instead of the traditional ways of selling real-estate," he stated.

Recently many countries have tried the so-called "house lottery". This consists of offering the property on the Internet, through the sale of fixed price lottery tickets, from among which the future owner is selected at random; all the operations that are carried out being monitored by a lawyer. The MP wants to find out whether the Minister thinks there is any possibility of alienating a property in Italy via a lottery that is promoted abroad, and where the tickets are sold exclusively abroad with the resultant random selection of the purchaser, indicating, if this is the case, the laws preventing the organization and sale of tickets if such a lottery happens to take place outside Italian territory.







© Copyright 2012 Euroslot. Datateam Business Media Limited. All rights reserved.
Registered in England No: 1771113. VAT No: 834 8567 90.
Registered Office: 8-10 Dryden Street, Covent Garden, London WC2E 9NA
Webmaster