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Finance ministry fine-tuning landmark bill for online lottery in Thailand

TAGs: Goverment Lottery Office, Jasmine Solana, Lottery, online lottery, thailand

Online lottery is coming to Thailand. Finally.

The kingdom’s finance ministry is reportedly “fine-tuning” a draft bill that will pave the pave for an online lottery in the country. According to state media outlet Thai PBS, the bill will allow the Finance ministry fine-tuning landmark bill for online lottery in ThailandGovernment Lottery Office (GLO) to come up with a “new product” aside from traditional lottery tickets, including “online lottery whereby tickets will be available for sale through vending machines or through convenience stores.”

The Thai broadcaster quoted a source familiar with the matter, who said the draft bill will be submitted to the cabinet “for consideration” in September.

Under the bill, 23 percent of GLO’s online lottery-related revenue will be sent to the state coffers. The remaining 60 percent will be allocated as prize monies, and the rest will be used as management fees for the lottery office.

Selling of lottery tickets in school and to people under 20 years old will be banned under the bill, and vendors who are caught overpricing the tickets could spend one month in prison or pay a fine of THB10,000 (USD284.70).

Speaking of vendors, the bill will also require sellers to apply for a license or face a three-month jail term and a fine of THB10,000 (USD284.70).

Still, it’s up to the government to decide whether to push through with the online lottery product, according to the report.

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