New lottery bets on success

Malaysian-owned company VW Win Holdings Plc launched lottery operation Camloto in the Kingdom this week, making it the second to go live in as many months.

Camloto CEO Jimmy Kong unveiled the new start-up, which will draw its first ball tonight on all major TV stations, on Saturday at the company’s office in Phnom Penh.

VW Win Holdings invested $4 million to create its new subsidiary, with another $2 million pledged for phase two of the process in 2014, which includes the establishment of a charitable organisation. …

Tickets for Camloto’s drawings start at 1,000 riel each. …

Eddie Morton
http://www.phnompenhpost.com/business/new-lottery-bets-success