Wednesday, August 5, 2009

Online lotteries ruled to be legal

The Council of State yesterday ruled online digit lotteries were legal, opening the way for the government to permit a private firm to start such a venture.

Prime Minister Abhisit Vejjajiva said the Finance Ministry would now consider whether the government should proceed with the Internet-based lotteries.
The Council of State was asked by the Government Lottery Office to interpret whether its long-delayed plan for Loxley Gtech Technology, a joint venture between Loxley and Gtech Holdings of the US, to provide such a service was legal.
Shares of Loxley jumped 5.4 per cent yesterday to Bt2.70. -

The Nation

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