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Caixa faces complaints over weak sales and distribution of LOTEX tickets

Deals & M&A

Caixa Econômica Federal is facing complaints from lottery retailers over sales and distribution of its LOTEX instant-ticket range, relaunched in November. Retailer representatives cited the prize structure, limited publicity and fixed-quota distribution; they said deliveries did not take place in February and March. Retailers asked Caixa to review the process before a 26 April invoice, and Caixa had not found a solution at the time of publication.

The dispute could affect LOTEX sales through Brazil’s lottery retail network and the handling of unsold tickets.

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