South Australian Lotteries
| South Australian Lotteries | |
|---|---|
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| South Australian Lotteries logo | |
| Agency overview | |
| Jurisdiction | Government of South Australia |
| Website | |
| http://www.salotteries.com.au | |
South Australian Lotteries is a lottery company that operates in the Australian state of South Australia. It is owned by the South Australian Government. SA Lotteries syndicates national games (including Saturday Lotto, Powerball, Oz Lotto) and has its own games (including South Australian Lotto and Keno). South Australian Lotteries also administrates The Soccer Pools a national lottery game.
In November, 1965 a referendum was passed in South Australia which allowed for the establishment of a state owned lottery company. The first tickets went on sale on 15 March 1967.
South Australian Lotteries is a publicly owned company. All profits are diverted to the South Australian government. This could be seen as an advantage, providing an extra source of revenue for the government and greater community. It can also be argued that a state owned lottery monopoly distorts the normal competitive market (see Public Ownership). Others would claim it is inappropriate for a government to be involved in a gambling organisation; which are always subject to controversy. The South Australian government is marketing lottery, while warning against gambling addiction is an awkward position to be in.
