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Court orders lottery office to pay ฿1.65 bn compensation for failed online lottery project

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TOPSHOT – A man wearing a facemask, amid concerns over the spread of the COVID-19 coronavirus, sells lottery tickets in Bangkok on March 15, 2020. (Photo by Mladen ANTONOV / AFP)

 

Thailand’s over-a-decade long online lottery saga, pitting Loxley Public Company against the Government Lottery Office (GLO), came to an end today when the Supreme Administrative Court ordered the GLO to pay Loxley 1.65 billion baht in compensation for the failed project.

 

The compensation is divided into 1.04 billion baht in damages and the rest to cover expenses incurred to maintain the lottery machines until the GLO fulfils its obligations under the contract.

 

On June 28th, 2018, the Administrative Court ordered the GLO to pay Loxley 945 million baht in compensation, plus 7.5% annual interest, for the delay in the implementation of the online lottery project. The company, however, appealed the verdict to the Supreme Administrative Court.

 

Full Story: https://www.thaipbsworld.com/court-orders-lottery-office-to-pay-฿1-65-bn-compensation-for-failed-online-lottery-project/

 

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-- © Copyright Thai PBS 2021-05-27
 
  • Popular Post

will this turn into another Hopewell saga is the big question

i don't get this at all...

 

711 has a machine.  20 baht.  get one number.  leave.   prize minimum whatever....maximum depends on how many people play.   711 has the money, manpower, convivence, etc.....pick your numbers...fine.  use this paper.  scan, print, out.    

 

or....10 million people coming up to me at dinner ....  hahahaha.

 

online.... no.       that's a scam.   711.    done.   easy.   

 

now pay me 1 billion 

10 hours ago, snoop1130 said:

The compensation is divided into 1.04 billion baht in damages and the rest to cover expenses incurred to maintain the lottery machines until the GLO fulfils its obligations under the contract.

What lottery machines ? ????

8 minutes ago, ronaldo0 said:

What lottery machines ? ????

These....lol

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11 hours ago, snoop1130 said:

Thailand’s over-a-decade long online lottery saga, pitting Loxley Public Company against the Government Lottery Office (GLO), came to an end today when the Supreme Administrative Court ordered the GLO to pay Loxley 1.65 billion baht in compensation for the failed project.

Can Thailand never get anything right from the start?

  • Popular Post

The entire lottery in Thailand is a scam.  Lottery prizes are normally based on the number of entries and amounts raised through ticket sales.  If the lottery doesn't go off one week that amount increases the next etc until it goes off.  An example is if 1 million people play and each pay $10 per ticket then the lottery prize is approx $10 million, broken down into divisions, less taxes, running expenses etc. 

 

In Thailand say 1 million play and pay 80 baht per ticket, that's 80 million baht in prize money, less tax and expenses.  However, the prize money on this would be a <deleted> take 6 million baht.  There is a lot more than 1 million people playing Thai lottery.  Half the country plays it like an addiction.  Considering there is 69 million people in Thailand do the math and for a payout of only 6 million baht each time, it very easy to see the government is ripping the people off blind and that they are clearly running a lottery scam themselves. 

Edited by Phuketboy
added information

This was another of Toxin's schemes to award his supporters.

Agree with Phuketboy above.  Thai lottery is a scam.  Only Hi-sos win (an occasional peasant);  numbers printed in advance; drawn in secret; winnings shared.  Uk lottery pays out 30+ million baht each WEEK on tickets costing less than Thai tickets AND you get to choose your own numbers.

never heard before that private company won a case against government office in Thailand

  • Popular Post
2 hours ago, hotchilli said:

Can Thailand never get anything right from the start?

SURE

 

Aircraft carrier

Submarine purchase

Klong Dan water treatment plant

Hopewell elevated train

 

And many many more

  • Popular Post
30 minutes ago, kwonitoy said:

SURE

 

Aircraft carrier

Submarine purchase

Klong Dan water treatment plant

Hopewell elevated train

 

And many many more

You forgot...

 

National Covid-19 vaccination rollout

Purchase functional bomb detectors

Timely construction wrap of the new parliament building

Functional 90-day reporting app for foreign residents

Diversification of tourism markets

Locate Red Bull heir before expiration of all statutes of limitations

High-speed railway project operational by 2022

Grant all hilltribe people Thai citizenship

Scrap EEC as a folly dream and investment failure

Abolish double pricing for foreigners

Don't appoint convicted heroin trafficker to ministerial positions

Returning to democracy

Scrap a certain law code article that seems to stem straight from the middle ages

Forbid the military to engage in politics

Enact a land tax for wealthy real estate speculators

Permit the Thai baht to adjust to its real value

Honor free-trade agreements instead of slapping foreign imports with fancy taxes

Treat migrant workers as human beings

Stamp out institutionalized corruption

Put an end to annual forest and field burning

Abolish double standards in law enforcement and prosecution

Stop claiming Thailand were the navel of the world

Finally catch up to the 21st century

and still many, many more

 

 

3 hours ago, mikebell said:

........drawn in secret;

The Thai National Lottery weekly draw is televised live.......

The black underground (????) lottery run all over the country turns over more money.

Obviously many posters above are newbies, never read the news, have short memories 

& (or) cannot use a calculator

17 hours ago, PETERTHEEATER said:

The Thai National Lottery weekly draw is televised live.......

The black underground (????) lottery run all over the country turns over more money.

Live TV draw can easily be simulated once the winners have been agreed upon.  I have no proof, it is merely my suspicion based on the fact that NO area of Thai society is uncorrupted and ALL sectors are run by High Society for their own benefit.

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