Joint Venture Business
Great importance is given by the Company on investment participation with other operators who have the expertise and are well-accepted internationally for their ownership or technologies of the products in which the Company will be making its joint investment as well as capable of generating income for the Company on a continuous basis, with high growth potential or the potential to boost the prowess of its other Business Groups to their fullest capacity to meet competition.
By pursuing work in line with in its investment policy in businesses capable of generating revenue for the Company on a continuous basis, constant yields are achieved by the various businesses in the Joint Venture Business Group for the Company. There is a structure of low income fluctuations in the Joint Venture Business Group, with continuous growth which play an important part on the Company’s profitability on a regular basis despite the fact that increased competition is clearly rampant today in a variety of businesses both in the areas of pricing and product quality.
Loxley GTECH Technology Co., Ltd.
The Company is a Joint Venture between Loxley Public Company Limited group and GTECH Corporation group. It is the provider of the Online Lottery System Service Contract for the Government Lottery Office (GLO). The contract includes design, procuring, implementing and operating the Online Lottery System. The System consists of the two Data Centers (one for primary and the other for backup), an online communication network system, and terminal installation to retailers who are selected by GLO.
The Online Lottery System is provided by GTECH Corporation of USA. It is a global IT company and the worldûs leading full-service lottery provider. GTECH designs, installs, operates, and supports complex computer and telecommunications systems for lotteries around the world, including many of the largest revenue-producers. GTECH has more than 100 customers on six continents.
The Company is currently working with the GLO to ensure Online Services are launched at the earliest possible opportunity.