I welcome you all to this the launching of the first ever-scratch card game in Nigeria. First, let me give you a brief background.
I have been in business for a long time under the auspices of Kamson Holdings Limited, and we have successfully engaged in several business ventures. I give glory to God for our successes recorded so far, but the journey culminating in this launching today, started about three years ago when I became curious about the gaming industry. As with my other business ventures, we searched and discovered a space within the gaming industry in which we think we can comfortably operate. We came up with a unique product calculated to give us a fair chance at creating a niche in the market. Therefore, it gives me great pleasure and excitement to introduce you to the latest game in town, one of its kind in Nigeria, a scratch card game that offers players unequaled, and unprecedented winning ratio with various options, the LOTTOPLUS SCRATCH & WIN, powered by KAMSON HOLDINGS LIMITED.
First and foremost, we figured that our product should be seamless, simple, straight forward, and transparent.
Secondly, we want to attract participation beyond what you usually see gathering at betting houses and kiosks. With a simple and transparent game, provided in familiar non-intimidating environments, our product is calculated to attract a broad range of participants beyond what the statistics are showing us currently.
Thirdly, we think in order to derive fun and satisfaction in any game of chance, participants must have the highest possible level of winning expectation.
Admittedly, the licensing agencies have set a winning percentage level which has sufficiently sustained the industry so far. However, our trade secret involves exceeding the regulated percentage of winning substantially. With an unprecedented innovation, we can guarantee that the higher percentage of winning that we set for our self will be accomplished at every point, no matter how remote, where our product is sold. This innovation sets us wide apart from any other product in the industry.
Lastly and of most importance, is our innovation of instant payment. No product in the lottery industry currently in Nigeria has a system of instant payment. With us, what you see is what you get, instantly, as it would be demonstrated to you later on in the program where some of you will actually experience instant win and payment.
In summary, LottoPlus Scratch card is sold for N100 and it gives you a substantial chance of winning up to N1 million. There are three easy steps which we call Buy, Scratch, and Collect.
First step is to “Buy”: The card is purchased for N100 from our authorized distributors or retailers in provision shops, grocery stores, retail stores, mini marts, barber shops, beauty salons, book stores, tailor shops, boutiques, business centers, restaurants, hotels, and motels where our AUTHORISED AGENT banner is displayed.
Second step is to “Scratch”: You scratch the card to reveal the amount you win.
Last step is to “Collect”: You collect the amount you won instantly from the agent.
This is as simple as it gets.
We are also encouraged by the benefits and values of LottoPlus Scratch Card.
Beyond the vetting procedure which is meant to protect our customers and us, participating, as an agent is easy and inexpensive, and it is packed with maximum benefits which multiplies as the business grows to create thousands of new jobs and business opportunities for Nigerians.
Also, LottoPlus Scratch Card adds values to the retail businesses of our distributors and retailers because a winner is more likely to spend the winning for purchases where the scratch card was purchased. In addition, LottoPlus Scratch Card is an enormous revenue source for the government both at the federal and state levels which requires a certain percentage of our revenues that must be paid into special trust funds dedicated to specific government programs such as education and infrastructure development.
It is our pledge to contribute as required to these public benefits. Complimentary to all of these, I would like to announce the establishment of LottoPlus Foundation through which we intend to offer charitable and public interest programs to our local communities and Nigeria at large. We are indeed excited by these opportunities.
Finally, as an adage that says a tree does not make a forest, so at this point, let me take this opportunity to introduce you to members of our team who have worked tirelessly to make this day a reality.
Mr. Bobson Brooks, our Technical Director; Mr. Funsho Busari, our IT Director; Barrister Steve Omamuli, our Company Secretary; Attorney Muyiwa Sobo; our VP General Counsel.