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Author Topic: Which is better Government run Lottery or private run Lottery  (Read 771 times)
JohnBitCo
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July 31, 2019, 03:17:50 PM
 #21

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.
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July 31, 2019, 03:48:56 PM
 #22

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.

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July 31, 2019, 03:58:08 PM
 #23

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.

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July 31, 2019, 06:53:51 PM
 #24

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!

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July 31, 2019, 08:11:15 PM
 #25

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.

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July 31, 2019, 08:12:25 PM
 #26

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)




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July 31, 2019, 09:00:15 PM
 #27

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.
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July 31, 2019, 09:00:45 PM
 #28

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.
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July 31, 2019, 09:03:34 PM
 #29

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.

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July 31, 2019, 09:09:43 PM
 #30

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.

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July 31, 2019, 09:31:56 PM
 #31

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.
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July 31, 2019, 09:52:54 PM
 #32

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.

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July 31, 2019, 10:15:35 PM
 #33

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.




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August 01, 2019, 12:54:29 AM
 #34

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.
If the governments fails to give the masses what they needed, there's nothing wrong in letting the private companies run the business


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.
They aren't forced to play the lottery because it a game of chance and the victims believed a lottery run by the governments was another way to help the masses, so there's nothing bad in trying out ones luck but the part of stealing from the game player is way too wrong and that's scam.

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imstillthebest
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August 01, 2019, 01:32:10 AM
 #35

How is it possible that a government run program/lottery is "spam infested".
Me iether . i dont know why its consider spam by the op . i think the spam word is not good to use on this situation  because for me spam means too many unwanted ( like in a forum post for example )

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I thought government things are usually well controlled?
Yes it is but it also depend on the country that your living . outside countries like u.s are more in controlled of any government related activities while other countries are known to have a corrupted governement .
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August 01, 2019, 01:39:50 AM
 #36

Gambling is still a gambling, it causes bad effects for us so I don't it doesn't matter if it run by government or private sector. For tjis reason, it makes me hard to choose between the two. But if I really have to then I'll go for government-run because I can assure of its legality and the prize pool is way bigger than the other Grin.
Philippine President Duterte suspended the operation of the government-run lottery
By the way, the president Duterte finally uplift the suspension on lotto operations. Take note, lotto operarions only, STL and Peryahan ng Bayan are still closed. I think that was good than nothing, at least you can still gamble Smiley.
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August 01, 2019, 01:52:09 AM
 #37

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!
I'm assuming that we are living in the same countries because we see the same with the governments.

I'm not against our government but even government-run lotteries can be filled with corruptions too unless they will be transparent enough and share every information to the public then maybe. A private-run lottery is surely filled with corruptions. Decentralized lotteries with the power of blockchain is I think the best way to prevent corruptions in lotteries.

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iMark
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August 01, 2019, 02:13:53 AM
 #38

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 what the Philippine president did right from their side, that the lottery was only spam infested, so they decided to ban it, so that the use of lottery gambling could be reduced, but instead allowed third parties to operate more. we as players will certainly be disappointed because they think that the government will be far more reliable when controlling it. there is no guarantee of security when the private corporation that operates it
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August 01, 2019, 02:48:24 AM
 #39

I think he does not want government officials to hold that kind of money but I think that is an opportunity private companies will abuse and that is their turn to get some of that great price.

I agree that as long as there is money involved, there will be still 100% one of those people who will be corrupting that money. For me, I think it is better for the government to run that than these private companies or other third parties.
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August 01, 2019, 03:21:51 AM
 #40

Gambling is still a gambling, it causes bad effects for us so I don't it doesn't matter if it run by government or private sector. For tjis reason, it makes me hard to choose between the two. But if I really have to then I'll go for government-run because I can assure of its legality and the prize pool is way bigger than the other Grin.

I think if we could choose the government-run, it will be safe for us because we don't have to afraid of the places will scam us. Besides that, I think people don't have to be a worry about the worst thing that might happen because the government will protect the people. And like what you said, the lottery will get the legality from the government. But yes, it might be corruption that will happen with that industry since the government taking control of every place. I am sure that there will the next update from the government, and they will explain everything.

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