REGULATING THE NATIONAL LOTTERY Mrs. TCC Mampane Commissioner: NLC 25 November 2015.

Slides:

Advertisements

Similar presentations

Establishing the Regulatory Framework for Competition DAVID PARKER OHR/OECD Conference on Regulatory Governance and Network Industries, Sarajevo 19 April.

Advertisements

The New Landscape - Transforming Commissioning. Agenda The likely impact of the White Paper on the commissioning landscape The NHS London Commissioning.

Slide 1 Role of the Auditor General in Extractive Industry Presented By: Anna O. Chifungula.

Albanian power market Sokol RAMADANI Chairman ERE- Albania 1 FEBRUARY 2012 Electricity market design and regulatory issues in Albania and South East Europe.

1 Module 2: Promoting Compliance with Environmental Law.

Tele2 5 March 2008 EPP-ED Public Hearing Mikael Grape.

The IADI-Africa Region Annual Conference The Benefits of Deposit Insurance in Africa Design Features of Effective Deposit Insurance System Kevin Chew Senior.

Bringing about beneficial change... POLICY DIALOGUE ON CORPORATE GOVERNANCE IN CHINA Presentation by Patricia Leahy, Director, UK National Audit Office.

ICM/WHO Global Standards for Midwifery Regulation Dr Sally Pairman Co-chair ICM/WHO Global Taskforce on Midwifery Regulation Washington DC 2010.

AUDIT COMMITTEE FORUM TM ACF Roundtable IT Governance – what does it mean to you as an audit committee member July 2010 The AUDIT COMMITTEE FORUM TM is.

Copyright © 2008 McGraw-Hill Ryerson Ltd.1 Chapter Ten Regulating Business Canadian Business and Society: Ethics & Responsibilities.

Corporate Governance Group

The Financial Conduct Authority (FCA); and

Financial intelligence centre REPUBLIC OF SOUTH AFRICA Presentation to the Portfolio Committee on Trade and Industry on the Report prepared by the Gambling.

Regulating Online Gaming Pre-Licensing Process Lotteries and Gaming Authority - Malta.

A Lottery for the future Robert Foster – National Lottery Commission Mark Harris – National Lottery Commission Ben Davey – NM Rothschild.

Operations Management Session 25: Supply Chain Coordination.

Workshop on Developing Corporate Bond Market Mr. Masato Miyachi Office of Regional Economic Integration Asian Development Bank Session 1: Overview of Corporate.

MINING AND SUSTAINABLE DEVELOPMENT IN GHANA

ENTELA SHEHAJ Albanian Energy Regulator (ERE) DOES MONITORING METHODOLOGY MATTERS? Electricity Market Monitoring in Albania.

“Equal and open access to the market in terms of economic integration and increased competition ” Astana Forum, 24 May 2013 Presented by Hassan Qaqaya,

East Asia and the Pacific Region

The Portfolio Committee on Sport & Recreation Briefing by the NLC on status of distributing activities 11 August 2015.

The Global Fund- structure, function and evolution February 18, 2008.

STRUCTURE AND FUNCTIONS OF COMPETITION AGENCIES. GENERAL STRUCTURE OF CA CAs differ in size, structure and complexity The structure depicts power distribution.

Leading the way; making a difference INTERTANKO Council November 15, 2012 UPDATE ON GHG MARKET BASED MEASURES JOSEPH ANGELO DEPUTY MANAGING DIRECTOR.

The Draft SADC Annex on Trade in Services UNCTAD Secretariat Sub-regional Conference on Improving Industrial Performance and Promoting Employment in SADC.

Model For Effective Self-Regulation November 2002 Daniel M. Sibears Senior Vice President & Deputy Member Regulation, NASD.

SUSTAINABLE ENERGY REGULATION AND POLICY-MAKING FOR AFRICA Module 5 Energy Regulation Module 5: STRUCTURE, COMPOSITION AND ROLE OF AN ENERGY REGULATOR.

Module 2 Slide 1 NATIONAL COMMUNICATIONS COMMISSION REGULATORY PRACTICES WORKSHOP MODULE: 2 A The Independent Regulator.

PRESENTATION TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRY OVERVIEW OF GAMBLING ACT AND CHALLENGES DELEGATION 1.Ms Nomfundo Maseti – Acting DDG: CCRD.

1 © 2012 John Wiley & Sons, Ltd, Accounting for Managers, 4th edition, Chapter 2 Accounting and its Relationship to Shareholder Value and.

Corporate Governance Yoshi Kawai Secretary General, IAIS IAIS-ASSAL Regional Seminar Buenos Aires, Argentina, November 2011 PUBLIC.

PROTECT LEGAL AND REGULATORY REVIEW NOVEMBER 2014.

THE FSC’S ROLE IN FACILITATING CAPITAL MARKET DEVELOPMENT IN JAMAICA Mr Lyndon Martin, CFA Senior Technical Analyst Financial Services Commission.

 SMME DEVELOPMENT AND THE ROLE OF LOCAL GOVERNMENT Presented by: Dr Sandra Musengi-Ajulu.

16 November 2011 Presentation to the Portfolio Committee on Trade and Industry.

Regulation – and interference with capitalism? ‘With the growth in corporate attempts to influence government policy through lobbying, political donations,

Strategic Thinking Virgil Frazier Southern Ute Indian Tribe - Growth Fund Safety & Environmental Compliance Management Group (SECMG)

Regulatory Institutions in Turkey. Regulatory Institutions Central Bank of Turkey Banking Supervision and Regulatory Institutions Capital Markets Board.

AOF Principles of Accounting

The strategy for improved electricity distribution maintenance 9 June 2008.

Role of State in Facilitating Fair Competition and Protecting Interests of Customers in Transition to Open Electricity Market.

THE GAMBLING ACT 2005 Training Pack. Department for Culture, Media and Sport Improving the quality of life for all The Gambling Act 2005 The Gambling.

FINANCIAL INTELLIGENCE CENTRE

Market Power, Consumer Interests, Regulation and Competition in the Electricity Industry S.Sundar Professor, TERI School of Advanced Studies & Distinguished.

Future of the UK mail market: regulatory perspective CWU Forum 9 February 2006 RICHARD MORIARTY POSTCOMM.

CORPORATE GOVERNANCE By: Group C Aneesh Srivastava (B12008) Ankan J Bhattacharyya (B12010) Mandeep Singh (B12022) Priti (B12030) Trisha Chakrabarty (B12053)

PRESENTATION TO PORTFOLIO COMMITTEE ON WATER AFFAIRS AND FORESTRY Cindy Damons 28 May 2008 The role of municipalities in managing and giving effect to.

Financial Supervisory Commission Chinese Taipei1 Ensuring Capacity, Integrity and Accountability of Regulators and Supervisors Rebecca Chung-Fern Wu, Ph.D.

LOTTERIES AMENDMENT BILL PRESENTATION TO THE SELECT COMMITTEE ON TRADE AND INTERNATIONAL RELATIONS, 6 NOVEMBER 2013 PRESENTERS MS. Z NTULI – DDG CCRD MS.

….. 4th CUTS-CIRC Biennial Competition, Regulation & Development Conference & CREW Project Final Conference. Relevance of Competition & Regulatory Reforms.

Amina Maknoon Senior Director, Investigation & Enforcement Financial Services Commission.

Audit Oversight in an Emerging Economy Bernard Peter Agulhas Chief Executive Officer Independent Regulatory Board for Auditors.

“Corporate Governance in Quoted Equities” The Securities Commission S e c of Zimbabwe.

Access to Insurance Initiative A global programme for sound regulatory and supervisory frameworks Improving access to insurance for the low- income population.

Group B: Co-ordination of customer protection 15/03/2016.

“The overall mandate of Securities &Exchange Commissions in Zimbabwe and Globally” The Securities Commission S e c of Zimbabwe.

Corporate Governance In Tanzania 2009

Industrial Policy of India

Business Briefing Security Service Providers

6th Asian Roundtable on Corporate Governance Theme II, Session 2 Ensuring Capacity, Integrity and Accountability of Regulators and Supervisors Jaweria.

Developing a Provider Organisation

The Role of CSOs in the UNCAC & its Implementation Review Mechanism

Domestic Regulation John Cooke

progress of the water reform in bulgaria

BHF Northern Regional Meeting Johannesburg 27 November 2007

SRO APPROACH TO REGULATION

Industrial Policy of India

Effectiveness Working Group

Presentation transcript:

REGULATING THE NATIONAL LOTTERY Mrs. TCC Mampane Commissioner: NLC 25 November 2015

Outline 1. Regulatory Principles 2.Role of the Board 3.The Lottery Model 4. How the National Lottery is Regulated 5. Protecting the Monopoly of the National Lottery

5 Principles of Good Regulation o UK National Lotteries Commission [2009] “The 5 Principles of Good Regulation”: o Proportionality - Only intervene when necessary o Accountability - Public scrutiny o Consistency - Rules and standards + fair implementation o Transparency - Open, simple and user-friendly regulation o Targeting - Focused on the problem, with little side effects

Role of the Board Lotteries Act No. 57 of 1997, as amended 1. Ensure that the National Lottery and Sports pool are conducted with all due propriety 2.Protect the interests of every Lottery Participant 3.Maximum revenue generation for good causes while striving for long-term financial success of the Operator

Lottery Models Private Operator with a Licence Agreement Government Lottery with Management Contract Government Lotteries Private Lottery

How the National Lottery is Regulated  The National Lottery is the only source of funding for NLC operations  Protect the monopoly of the National Lottery  Striking a balance between revenue maximization for good causes and preventing excessive play  Distribute an average of R1.5 Billion p.a. with a demand for funds of over R40 Billion

Protecting the Monopoly of the National Lottery  National Lottery AND Sports pool Licences issued to one entity in South Africa  Lottery Operator needs:  A flexible relationship with the Regulator with clearly defined roles  A high degree of control to introduce new games, new channels and proven industry practices  Protection against competitors

Protecting the Monopoly of the National Lottery  Illegal lotteries – Regulate or Enforce  Unlawful competitions  Criminal prosecution Lack of integrity of the National Lottery will influence lottery players’ attitude

In Conclusion … The Lottery Operator and Regulator must collaborate in their response to the country’s lottery needs A partnership approach is absolutely essential to ensure proper lottery functionality and true protection of the mandated monopoly

THANK YOU