Thursday, October 19, 2006

Pretoria asked to rule on promotions

South Africa’s National Lotteries Boardis suing one of the country’s largest banks for contravening the Lotteries Act. The special accounts available at the First National Bank make customers automatically eligible for a monthly prize of 1 million Rand. First National argues it is merely trying to attract savings from the "unbanked members of society". For every R100 in the account, the holder acquires one entry into a monthly draw -- so the more money there is in the account, the more chances there are of winning. And in our book that's called paying good money to take part in a lottery.

0 Comments:

Post a Comment

<< Home