Connect with us
European Gaming Congress Milan
SIS

Compliance Updates

UK committee to introduce lottery changes

Niji Narayan

Published

on

Photo credits: www.alamy.es
Reading Time: 2 minutes

The House of Commons’ Public Accounts Committee (PAC) of the UK has recommended changes in the country’s lottery system. The PAC in its latest report has pointed out that lottery profits allocated to good causes are failing. The committee blamed Camelot, the operator of the UK National Lottery, for its shortcomings.

The report showed that payments made to the National Lottery Distribution Fund (NLDF) have totalled £37 billion since its creation. However, in the 2016–2017 period, the money available decreased 15 per cent as ticket sales fell 9 per cent.

PAC said that the problem is that Camelot experienced a 122 per cent profit increase between 2010 and the end of 2017, but the returns for good causes to the NLDF only increased two per cent during that period. The Committee blamed the numbers on the fact that fewer people are buying draw-based games, and the introduction of a 59-ball lottery that sentenced a decrease in overall sales.

The PAC said that the 2012 renegotiation with Camelot was too favourable for the company and that “it isn’t comfortable with Camelot’s profit growth in recent years compared to the returns to good causes.”

Committee chairwoman Meg Hillier said: “Raising money for good causes is one of the founding principles of the National Lottery but this objective is under threat. It would be a sad and significant loss to many deserving organisations and individuals if that funding, which has amounted to some £37 billion since 1994, should dissipate as a result of inaction now. Our report lays bare the need for a concerted effort from Government, the Gambling Commission and Camelot, a monopoly supplier whose profits more than doubled in seven years while returns for good causes grew by just two per cent.”

On the flip side, a Camelot spokesman said that they noted the contents of the report and will continue to work with the Gambling Commission, DCMS and the National Lottery distribution bodies to maximise returns to good causes. “During the third licence period, annual returns to good causes have been, on average, 30 per cent higher than under the previous licence. We’ve already seen some encouraging signs that the initiatives from the strategic review that we carried out last summer are working and are confident that we have strong plans to get The National Lottery back into growth. The National Lottery has been, and continues to be, a massive success, around 60 per cent of UK adults currently play National Lottery games and, to date, we’ve made over 4,750 millionaires.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Continue Reading
Advertisement
Comments

Central Europe

Overview of Changes to the Gambling Law in Poland

Niji Narayan

Published

on

Overview of Changes to the Gambling Law in Poland
Photo Source: medicalnewstoday.com
Reading Time: 1 minute

 

Poland’s Ministry of Finance has informed about an amendment to the regulation regarding lottery devices, gaming devices and slot machines, information security.

The Minister of Finance, Investment and Development has signed an ordinance amending the ordinance on lottery devices, gaming devices and slot machines, securing information regarding the organised lottery and obtaining, calculating and paying out winnings.

Pursuant to the provisions of the Gambling Act, only the minister competent for public finances decides whether playing on a given device is a game on slot machines within the meaning of the Gambling Act.

The opinion of the testing entity is only an attachment to the application for issuing the decision. This opinion must contain information that it serves only to issue a decision by the minister competent for public finance.

Thus, the opinion of the testing entity does not state the gambling or non-gambling nature of a given game and cannot be treated as a settlement in this respect.

Continue Reading

Compliance Updates

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot

Niji Narayan

Published

on

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot
Reading Time: 1 minute

 

DC Superior Court Judge John Campbell has refused to halt the DC Lottery’s controversial deal with tech provider Intralot.

Last month, a different DC judge issued a temporary restraining order on Intralot’s deal based on a request by DC resident Dylan Carragher, a software developer who filed a lawsuit to force DC to hold a competitive tender for the betting contract.

Judge Campbell justified his refusal to honour Carragher’s injunction request by saying he did not think Carragher’s lawsuit will succeed. Campbell added that “it clearly and unquestionably was within the Council’s authority” to waive the competitive bidding requirement. Carragher has already indicated that he will appeal Campbell’s ruling, so the action now shifts to the DC Court of Appeals.

Continue Reading

Compliance Updates

BF Games awarded Romanian online licence

George Miller

Published

on

BF Games awarded Romanian online licence
Reading Time: 1 minute

 

Creative development studio BF Games has been awarded a Romanian supplier licence, enabling it to provide its portfolio to the country’s online operators for the first time, following a successful period of offering its land-based slot machines in the country.

Licensed online operators across Romania can now enjoy full access to BF Games’ slot collection, including new titles such as Book of Goods and Ramses Rising, as well as popular classics Bonnie & Clyde, Crystal Mania and Stunning Hot.

BF Games’ own Remote Gaming Server distributes content directly to operators, ensuring seamless integration and speed to market.

Both suppliers and operators are required to obtain a licence in Romania, where online gambling has been legal since 2016. BF Games’ Class II licence issued by the Romanian gambling regulator (ONJN) enables it to sign strategic partnership with certified operators and supply its content to Romanian players.

BF Games has already seen a lot of interest from licensees in the market and is expected to announce partnership deals shortly.

The studio already holds online licences in Malta, the UK and Latvia, as well as a land-based gaming permit in Montenegro.

Piotr Szpoton, CEO at BF Games, said: “We are always looking to extend our reach and as Romania is a mature market, obtaining a new licence here demonstrates our confidence in the market as well as our products.

“Three years ago, we entered the Romanian land-based market offering our slot-machines through and exclusive partnership, and after seeing the positive results and the interests in our offering, we decided to enter the online vertical as well.”

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.