GLO Considering ‘Digital Lotteries’ to Solve Price Inflation

[webfact]

 

By Paul Rujopakarn

    

BANGKOK (NNT) - The Government Lottery Office (GLO) is considering using digital lotteries to prevent certain dealers from selling government tickets at inflated prices.

 

Assoc Prof Thanawat Polvichai, board member and spokesperson for the GLO, disclosed that the digital lottery option will be among those proposed to the board for consideration at a meeting on Thursday. The digital lottery is an alternative to printed lottery tickets that will be offered through a new online platform.

 

The GLO is also considering a lotto, pictorial lottery tickets, and two- and three-digit lottery tickets. However, the GLO assures that these changes will not impact existing registered vendors.

 

Assoc Prof Thanawat said Thailand lags behind a number of its neighbors, including Laos and Vietnam, which already hold digital lotteries. He explained that the board seeks to ensure that more of the 80-baht lottery tickets are sold at set prices, but competition between unregistered sellers to obtain physical lottery tickets from licensed dealers to sell via online platforms would drive the cost to over 80 baht.

 

He added that the COVID-19 situation has forced many people who have lost their jobs to become lottery vendors and that some of these unregistered dealers must purchase tickets at exorbitant prices. In recent years, these unregistered sales amounted to between 5% and 10% of the 100 million tickets generated, while the number of lottery dealers, both registered and unregistered, has doubled from about 200,000 in 2015 to 400,000 in 2021.

 

-- © Copyright NNT 2021-12-22

 

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[happy me]

So the lottery that was initially setup to help the poorest people will become nothing more than an online "earner" for the government! The fact that people are dumb enough to pay inflated prices for their " lucky numbers" means it literally just supply and demand..I really don't know what the hassle is letting the sellers set the price!

[ronster]

How many times are the going to propose this and never do it !

Hope they employ someone from outside the country to make the site , as any site I have seen from the government here is woeful and looks like an amateur built it . ????

[hotchilli]

18 hours ago, webfact said:

The Government Lottery Office (GLO) is considering using digital lotteries to prevent certain dealers from selling government tickets at inflated prices.

Good heavens above.... what an extraordinary idea.

[sanuk711]

"Considering ‘Digital Lotteries’ to Solve Price Inflation"

 

If it became digital ---would we still have to buy the tree a fanta ???

[worgeordie]

Just print 100 Baht on the tickets, over pricing solved, BUT

this been Thailand the lottery sellers would sell them at 120 Baht,

it's a never ending story , price of a ticket here more expensive

than many lotteries in the West but prizes are miniscule in comparison.

regards Worgeordie 

[Burma Bill]

5 hours ago, worgeordie said:

Just print 100 Baht on the tickets,

With respect, the tickets cost 80 baht where I lived in Northern Thailand. Could be bought for this price at agents selling inside/outside Tesco, Big C and Central Plaza. Has the price changed during the past 2 years?

[worgeordie]

2 minutes ago, Burma Bill said:

With respect, the tickets cost 80 baht where I lived in Northern Thailand. Could be bought for this price at agents selling inside/outside Tesco, Big C and Central Plaza. Has the price changed during the past 2 years?

Around where I live no agents sell them for 80 Baht , a couple of years

ago there was a clamp down on over pricing ,and they sold them at 80 Baht,

but as happens here they reverted to overcharging again, 

regards Worgeordie