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The National Lottery was introduced to South Africa on 11 March 2000. At the time it was run by Uthingo. [citation needed]After a marketing effort that aimed to reach 80 percent of South African homes directly [5] more than 800,000 tickets were sold in the first day of availability [6] Nearly R70 million worth of tickets were sold in the first three weeks of operation.
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A lottery is a form of gambling which involves selling numbered tickets and giving prizes to the holders of numbers drawn at random. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing their own national (state) lottery.
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Uthingo is not tasked with the allocation of funds to beneficiary organisations, but is instead mandated to raise revenue for the National Lottery Distribution Trust Fund. It is a fully Black Economic Empowerment compliant business, with 70% ownership locally, and the remaining 30% being owned by international players who provided the tools and ...
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Accompanying the lottery is the betting game, an illegal form of lottery among the people, which uses the results of the jackpot of the legal traditional lottery as the prize-winning results. In Hanoi, the "agent" system of the betting game has developed along with traditional lottery stores and iced tea stalls, operating quite openly. [ 46 ]