Treasury wants state lottery companies to merge quickly to avoid bankruptcy

State-owned lottery companies Polski Monopol Loteryjny (PML) and Totalizator Sportowy (TS) are to merge within the next two weeks. The Ministry has decided to speed-up the merger in order to save PML, which is currently on the verge of bankruptcy. In the last financial year, PML incurred losses of over zl. 153,000. TS, on the other hand, had impressive results with a net profit of zl. 136 million on revenue of zl. 2 billion. (Rzeczpospolita, page B1). S.M.