Post
Topic
Board Gambling discussion
Re: Which is better Government run Lottery or private run Lottery
by
TheCoinGrabber
on 01/08/2019, 14:29:42 UTC
Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted..

Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019

Your thoughts

I don't even know there are private lotteries. I expect that the government tries to maintain a monopoly on it since it's a big cash cow.

I would prefer that the lottery be operated by the government. If it's private then the amount of money the state gets from it would be much smaller. I saw in a vid somewhere that most of the income PCSO gets from lotto actually goes into charity and that the money that goes into operation cost is only less than a quarter of that income. That's a lot of healthcare money the government don't have to pull out of income tax, etc.

There needs to be proper accounting though, when dealing with such large amounts of money it's inevitable that some would get pocketed away.

I hope everyone operators would adopt with that as that would surely give real transparency to millions of people betting their money in lottery.
Philippine Lottery  is just like this - https://www.youtube.com/watch?v=wa2qj4EStyI

They are still employing an old school way of drawing the winning combination, and that kind of way games can easily be rigged with inside job.

Well, it could be better. There should be other ways of getting the winning combination. I just want the lottery to still be "active" where bettor selects his own combination rather than just buying a card that have a combination preprinted on it.