Thai government overhauls state lottery, online sales seen by June

Thailand’s lottery system is facing major changes with amendments to gaming laws that may open the way for online sales to begin as soon as June, and almost double annual revenue to 44 billion baht ($1,354 million).   The government lottery operators earn around 20 billion baht ($625 million) annually with Government Lottery Office (GLO) estimates saying the “online lottery would increase revenue by 1.0 billion baht or 24 billion baht ($750 million) a year.” Gambling is illegal in Thailand, apart from the official state lottery and on horse racing through the Royal Bangkok Turf Club. The official lottery, worth about 20 billion baht a year, is based on a paper ticket system that has seen few changes since it was first introduced in 1917.  The legal lottery is now seen as creaking and antiquated and facing competition from a booming illegal market thought to be worth 102 billion baht ($3.2 billion),...

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