Projo Biz Blog

Thailand's Finance Ministry indefinitely suspended a state-run online lottery pending clarification of a supplier-contract with a venture between Loxley, a local company and Providence-based Gtech Holdings Corp., Bloomberg News reported

``We will ask the Council of State to look at the contract again to see if it is still valid as it was signed a long time ago,'' Deputy Finance Minister Pradit Pataraprasit in Bangkok said in Bangkok today.

The government in May said Loxley Gtech Technology Co., a venture between Loxley, a computer service provider, and Gtech Holdings, a gaming-equipment unit of Italy's Lottomatica SpA, would start selling the new online lottery from Sept. 17.

Loxley Gtech won a 2004 bid to supply equipment and services for the lottery, the start-up of which was delayed by changes in government.

Comments

Online Lotteries said:

So there may be chance of re-opening the same in Future.

Rose.

Link | December 10, 2008 12:32 AM
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