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Stop The Sale Of NSW Lotteries

Topic closed. 1 reply. Last post 8 years ago by Coin Toss.

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Bondi Junction
Australia
Member #57242
December 24, 2007
1102 Posts
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Posted: December 1, 2008, 11:26 pm - IP Logged

I am totally against the sale of our state lottery. NSW lotteries is one of the best run lotteries in the in the world, so why sell it off? It is very short sighted of governments to sell of the family silver. NSW Lotteries brings in around $1.1 billion in sales revenue. Last year, NSW Lotteries paid duties of just over $300 million.

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
    United States
    Member #30470
    January 17, 2006
    10344 Posts
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    Posted: December 2, 2008, 2:36 am - IP Logged

    In one of the discussions here on LP about some of the U.S. states doing the same thing, talking of selling their lotteries to private businesses, someone pointed out that ironically, the states themselves want "cash option" over an "annuity".

    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

    Lep

    There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.