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Topic: Which is better Government run Lottery or private run Lottery - page 5. (Read 821 times)

legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
Whether a lottery is run by the Government or a private company, frequent audits done by disinterested parties should always be done. The only trick is to make sure the auditors are indeed disinterested.
A good suggestion of yours, the problem here is being corrupt staff on lottery gambling and maybe there are too many of them inside of the company which is they can negotiate others to become one of them. Money is powerful and even us, we might be tempted if someone offers on us with a high amount of value just to make our mouth shut. Auditing is good but I think this time that they must use blockchain technology which having transparency and will detail all of transactions activities.

Something like this isn't going to be as easy as you say it is.

Thing about a reputable company who does audits who is hired to do something like this -- a lottery audit account isn't worth that much, so they're not going to jeopardize their company -- and jail time for the people that are involved, just to help someone else out (or to make a small amount of money for themselves)

It's not worth it. Audits are helpful and they do a very amazing thing if done by a reputable company.
full member
Activity: 798
Merit: 109
https://bmy.guide
Whether a lottery is run by the Government or a private company, frequent audits done by disinterested parties should always be done. The only trick is to make sure the auditors are indeed disinterested.
A good suggestion of yours, the problem here is being corrupt staff on lottery gambling and maybe there are too many of them inside of the company which is they can negotiate others to become one of them. Money is powerful and even us, we might be tempted if someone offers on us with a high amount of value just to make our mouth shut. Auditing is good but I think this time that they must use blockchain technology which having transparency and will detail all of transactions activities.
full member
Activity: 686
Merit: 108
Lottery that is being managed by the government has a good reason to run its just happen that many corrupt officials are part of their system. I don’t want private companies to run that because we know they only work for their own purpose, it is still good for the government to control it.
hero member
Activity: 2072
Merit: 542
DGbet.fun - Crypto Sportsbook
Government should run this lottery all they need to do is placed a system wherein it's impossible to corrupt, maybe blockchain technology will be useful here and also the auditor's integrity is clean and reputable. Corruption really is the source of the problem.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
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
The governments usually fight for their pocket and these are the things Satoshi sees before he created bitcoin so that every individual can actually benefit from the system not only some organization, government etc. But, as the lottery is consider nothing guarantees that the lottery which will be run by private companies won't be manipulated except if laws and a body are set up which will monitor and penalize any company that manipulates the game result.
legendary
Activity: 1806
Merit: 1828
Whether a lottery is run by the Government or a private company, frequent audits done by disinterested parties should always be done. The only trick is to make sure the auditors are indeed disinterested.
sr. member
Activity: 882
Merit: 269
I would still prefer the Government to control lottery. I think we've had enough privatizations in the last few decades and we already know the consequences. The ban has been lifted already by the way.
Government's control lottery is far better than private's control one and I do prefer to buy lottery tickets when governments are behind as this does bring fairness to the whole thing. You may actually reduce your risk if the government is involved due to scams lottery companies.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
I mean I don't think its fair to say that just because in this particular instance the government has been caught doing shady things -- such as embezzling money, that shouldn't mean that all government run lotteries are scams and that private companies should come in.

This sort of gambling should be run by the government, for the main reason that these governments should be using the profits from these gambling activities to reinvest into the community.

THOUGH -- Government does run into this problem with the fungibility of money. Meaning that because they get money from the lottery and dedicate it to schools (or whatever they dedicate it to) They're going to then take the money that was originally going to schools and put it somewhere else, as the money from the lottery is able to cover what their initial contribution was.

People think that this system makes more money go into education --> NO. The same amount of money is there, government has just diverted where the initial money was going as the lottery is now covering essential services.

But sadly this is probably the best system we currently have. As private companies have no place in lotteries (in my mind)
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Government lotteries were much preferred over the private ones. If employees associated with the lottery were found pocketing money it is time to correct them or replace with another employee. This will be the right choice than suspending the lottery as there will be people who are regular buyers with hope of winning it someday.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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
None. Both Government run lottery or private lottery will be filled with corruptions in one way or the other. That is the huge problem of centralization. Single authority means giving power to a single person who can manipulate anything according to his own will. That is why decentralized lottery would be the best thing. Everything will be publicly available and the lotteries will also be fair. No corruption or manipulations!
hero member
Activity: 3010
Merit: 794
The latest update is they are resuming the lotto operation
https://www.rappler.com/nation/236693-duterte-lifts-suspension-order-lotto-operations-july-30-2019

But only the Lotto operation other games incorporated by Lotto are not included, there is still an ongoing investigation and it seems the corruption is massive, can you imagine the Lotto operation is over 25 years and they are remitting less than what has expected the amount government official has made this agency their cash cow.

https://businessmirror.com.ph/2019/07/29/fallout-from-shutdown-of-pcso-lotto-weighed/

It do tells 60-70% less on what should really be remitted and thats a hella big of corruption.
legendary
Activity: 3416
Merit: 1225
The latest update is they are resuming the lotto operation
https://www.rappler.com/nation/236693-duterte-lifts-suspension-order-lotto-operations-july-30-2019

But only the Lotto operation other games incorporated by Lotto are not included, there is still an ongoing investigation and it seems the corruption is massive, can you imagine the Lotto operation is over 25 years and they are remitting less than what has expected the amount government official has made this agency their cash cow.
sr. member
Activity: 2030
Merit: 356
I would still prefer the Government to control lottery. I think we've had enough privatizations in the last few decades and we already know the consequences. The ban has been lifted already by the way.

I think if a government is running the lottery system then it is more trustable.  
Lotteries by the private companies has a lot of problems and there are more chances of it being a scam.
Also I think that government may hesitate to start their own lottery system unless they need some money.
hero member
Activity: 1596
Merit: 502
I think it is better to let the private company run a private lottery without any interfering from the government because they can get people by inviting them using many ways. Besides that, they can hide the gambling places from the government. But it is better if the government knows about their activity so the government can control the lottery system and they will make sure there is no cheat in the game.
hero member
Activity: 2996
Merit: 609
Government or state lottery would be better but the ones who do handle such area should really be corrupt-free which means it do needs some people who are worthy on said position.

If the president do see corruption in regards to this then it was just a right decision for it to be stopped but somehow it do have some consequences yet we know on how does PCSO works when it comes to helping indigenous people.
full member
Activity: 532
Merit: 101
Government or a private company, I don't think we will be able to stop those people from "pocketing" cash to that huge amount of a price. As long as there is a lot of money, there will always be someone that will be corrupt. Still, people will keep on buying tickets or place their numbers on that since that is still huge money.
Agree, because that trends or system cannot be avoided whatever they do there is still a corruption cases. Because they are aspiring or seeking money for their own interest. Even if theres an issue there are more people are still support lottery.
sr. member
Activity: 882
Merit: 301
I would prefer that the government still hold lotteries. It is still better than letting some private corporation control the prices of the tickets and where proceeds should go.

The government are getting funds from poor people to help the poor people, that doesn't makes sense IMO.
It's not like people are being duped by the government to give their money though. They aren't forced to join.
sr. member
Activity: 2506
Merit: 368
The government would be the best choice if you want the lottery to be more transparent since there are some problems that would rise up if another private sector would own a lottery. Some people might think a monopoly if another company owns it because we all know how much money does a lottery owns just by looking at the said jackpot prizes.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
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 am totally in agree with the current president, there is something fishy inside the lottery system in the Philippines, in my whole life I ave only bet 2 to 3 times because I never felt winning in the game ever. The time has come that my wishes has come true, investigating the illicit activities inside the lottery would make it better if it re-opens again with no corrupt employees inside.
hero member
Activity: 1120
Merit: 554
The government takes a huge cut and they don't spend the collected money on what they said.  We need a more fair system without a person that takes a large cut off the pool.  This could easily be set up as a world wide crypto lottery with fair odds.
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