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GLO beefs up price regulation scheme following reports of overpriced lottery


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GLO beefs up price regulation scheme following reports of overpriced lottery

BANGKOK, 12 July 2015 (NNT) - The Government Lottery Office (GLO) has beefed up its survey of lottery retailers after reports of overpriced ticket sales.

GLO Board Spokesperson Thanawat Polwichai disclosed that authorities had intensified their price regulation scheme as a growing number of buyers complained that some outlets offered their lottery tickets for 85-90 baht a pair, instead of 80 baht as stipulated by the GLO.

The GLO spokesperson said any distributor found to overcharge their customers would face a jail term and a hefty fine and will risk losing their sales quota.

Mr. Thanawat added that the GLO would this month call a meeting with related agencies, including charity organisations, provincial governors and distributors to conclude on a new lottery sales quota in response to the rising demand from sellers.

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-- NNT 2015-07-12 footer_n.gif

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