Monday, July 7, 2014

Thai loto tickets sold at provincial halls



BANGKOK:- Government lottery tickets at the official price of 80 baht a pair was available on Friday at the Government Lottery Office (GLO) and provincial halls across the country.

Many has complained for years about overpriceing government lottery tickets but successive governments did nothing.

Now the National Council for Peace and Order (NCPO) is attempting to challenge the system.

 GLO sells lottery tickets to wholesalers for 74.4 baht but they go through several of hands, to the point where vendors have to charge an average of 110 baht a pair just to cover their own costs.

Mr.Somchai Sujjapongse,the new GLO chairman, said on Friday that for the time being.that some tickets could be made available at 80 baht per pair, the prices of tickets elsewhere were still controlled by market mechanisms.

Vendors said that most of them did not dare to buy tickets from wholesalers for the next draw because they feared losses in case they were required to adhere to the official price.

The vendors selling tickets at the official 80-baht price were receiving them directly from provincial governors and provincial finance chiefs, Mr Somchai explained.

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