GLO continues checking lottery market to control 80-baht price

[webfact]

GLO continues checking lottery market to control 80-baht price



BANGKOK: -- A special unit of the Government Lottery Office (GLO) and police continued to survey the lottery market in its effort to make sure that all lottery vendors sell at 80-baht apiece.

In the latest survey, four lottery wholesalers were found to hoard lottery tickets for profiteering purpose.

Spokesperson of the GLO board Thanawat Polwichai revealed that officials from the special unit of GLO has nabbed four lottery wholesalers after finding that they have hoarded a large quota of their lotteries in hope to sell them at higher prices 1-2 days before the lottery drawing date scheduled for the June 16 draw.

The authorities will trace their financial paths and tax payments history to look for any irregular activities, warning every wholesaler not to profiteer as they could be subjected to legal action and tax payments inspection as well.

Meanwhile the GLO board has planned to implement stricter measures to control the overpricing of lotteries in the long term.

GLO board chairman Major General Apirat Kongsompong would give a joint press briefing on June 15 with the Ministry of Justice and Revenue Department on the implementation of stricter measures to control the overpricing of lotteries in the long term to prevent lottery wholesalers from trying to make higher profit.

The GLO board has also planned to ink an agreement with PTT Plc allowing handicapped lottery vendors to sell lotteries at petrol stations under a control price of 80 baht.

Source: http://englishnews.thaipbs.or.th/glo-continues-checking-lottery-market-to-control-80-baht-price

-- Thai PBS 2015-06-12

[DLang]

Is there really nothing more important for the police and government to do.

[overherebc]

Is there really nothing more important for the police and government to do.

A journey of a thousand miles starts with one step.

[hextac]

Don't know where they are checking but nothing has changed down Sukhumvit and Bang Na.

[JAG]

Is there really nothing more important for the police and government to do.

A journey of a thousand miles starts with one step.

Even if you are walking backwards!

[Valentine]

Don't know where they are checking but nothing has changed down Sukhumvit and Bang Na.

A lottery seller I sometime buy from in Phuket promised she would be selling them at 80 Baht for this draw & has kept her promise.

[Estrada]

Don't know where they are checking but nothing has changed down Sukhumvit and Bang Na.

Sorry, I was on Sukhumvit yesterday and in the Bangna Area yesterday and all the vendors are selling at no more thanB80. In fact one vendor selling close to Villa was selling at B75.

[tolsti]

There was a lottery seller at the end of my soi this morning displaying a sizeable sign advertising 80 Bht.