Lotto No More?

Lotto outlets are now closed.

It was Friday 26 July 2019, when President Duterte ordered the suspension of all forms of gambling programs offered and granted by the Philippine Charity Sweepstakes Office (PCSO) because of widespread corruption.

Is this a temporary or permanent executive order from President Duterte?

One of the major impacts in Philippine society is that many beneficiaries will no longer be able to make a request for hospital assistance.

Technological upgrades made it possible to own a lotto outlet franchise. I know someone who has a lotto outlet. Technically, he does not own it but the space for the outlet is what they own. A small space with a computer and internet will be sufficient to own one and an investor is also required for monetary funds which in the case of my friend, retired high-ranking military officer was their financier who invested his retirement funds.

I also try my luck once in a while on the lottery system including the Keno wherein a bettor only has to wait a few minutes and the results will be shown already on the monitor inside the PCSO outlet. That’s how fascinating what technology can do even in the eyes of any bettor.

I have only won the least amount of winnings or what they call “Balik Taya” wherein instead of paying cash, you pay using the amount you have won. It is still a game of chance so no regret if I lose but still there is the feeling of continuing to bet because there is some kind of different feeling every time one wins or lose a bet.

I am in favor of closing the lottery system permanently so that people will learn to accept the value of hardship. It is still good or best to work hard instead of depending on a game of chance. The fruits of labor are very sweet. Plus, instant millionaires do sometimes lose most of their winnings because they have not planned on what to do about it.

There are stories that I have read and heard about such winner-loser and since unplanned winnings or a large amount of money will really make anyone uncomfortable and restless unless you really know what you will win. You can also read about millionaires who spent it all in this article and also in here.

But then again, who knows the future?


PRRD’s Special Message 7/26/2019

President Rodrigo Roa Duterte delivers a message regarding the Philippine Charity Sweepstakes Office's (PCSO) operated, licensed, and franchised games.President Duterte orders the immediate stoppage of all gaming schemes operated, licensed, and franchised by the PCSO. He also instructed the removal of gaming and gambling materials of the PCSO gaming schemes in public areas.Likewise, the Commander-in-Chief directed the Philippine National Police (PNP) and the Armed Forces of the Philippines (AFP) to ensure the enforcement of his order.#DuterteLegacy#ComfortableLifeForAll#PartnerForChange

Posted by Presidential Communications (Government of the Philippines) on Friday, July 26, 2019

Recommended For You

About the Author: josephespinosabaladad

Leave a Reply

Your email address will not be published. Required fields are marked *