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UK Lottery Profits Up Sales Down
Monday November 03,2014 : U.K. LOTTERY PROFITS UP
But sales are down.
Camelot, the operator of Britain's National Lottery, reports a 2014 boost in profits despite declining ticket sales and charitable contributions.
The company’s accounts posted over the weekend reveal that its profits before income tax for the year up to March stood at GBP 76.8 million, up from GBP 72.2 million for last year.
Reduced admin expenses helped turn failing sales into a profit. Gross ticket sales were valued at GBP 6.73 billion, down from GBP 6.98 billion last year, whilst sales for draw-based games fell by 6.6 percent, largely driven by a poor performing EuroMillions.
There was better news in scratchcards and instant win games, which saw an increase of 3.8 percent.
The total amount raised for good causes fell to GBP 1.75 billion for the year, representing 26 percent of sales, from GBP 1.95 billion for 2013, which made up 28 percent of total sales.
Camelot marked the departure of chief executive Dianne Thompson this week after 17 years in the hot seat. She has been replaced by Andy Duncan, who commented:
“As we look forward to celebrating 20 years of the National Lottery next month, we’re determined to build on this momentum. We’ve just successfully launched a major new online and mobile platform, which is transforming the way players interact with our games across all devices. On top of that, we’ve got really exciting plans for the second half of the year.”
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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