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Winning ticket slips from state's hand.
(From The Slovak Spectator)
THE WINNING ticket from the eight-year dispute between Tipos, Slovakia's national lottery company, and another lottery company, Sportka, is now in the hands of a Czech businessman to whom Slovakia will have to pay almost Sk2 billion.
Meanwhile, the current and former finance ministers are trading barbs over who is to blame for the dispute's hefty price tag.
The dispute began in 2000, when Sportka, the successor to the federal lottery company, sued Tipos for unauthorised use of its know-how. At that time, it requested Sk310 million in damages. The case worked its way through the courts, with both sides scoring wins, until finally settling at the Supreme Court, which ruled in Sportka's favour this August.
But by that time, the interest on the damages had swelled the amount to Sk2 billion.
In the meantime, Sportka had sold the claim on the damages to Lemikon Limited, a company based in Cyprus and owned by Czech businessman Radovan Vitek. The Finance Ministry has said that it is ...
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