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Lotteries and Gambling, Regulatory Compliance

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Presentation on theme: "Lotteries and Gambling, Regulatory Compliance"— Presentation transcript:

1 Lotteries and Gambling, Regulatory Compliance
Anna Mathias, Barrister

2 Consultation on new Lotteries LCCP
Open until 30 September Policy objectives: openness transparency fairness Part of “putting the consumer at the centre” Enabling consumers to make informed choices Changes to lotteries submissions October 2017

3 Further changes proposed
Societies and ELM’s “could and should do more” Information on lottery participating in % of stake to good cause New SR Code Provision 4.3.1 New SR Code Provision 4.3.2 Definition of different categories of lotteries Instant win High frequency Low frequency Implications

4 Commission publishes “Top 5 Society Lottery Compliance Tips”
Financial limits Prize values Lottery submissions Responsibility for agents/3rd parties Managing payments

5 Financial Limits Good causes money Prizes and expenses Proceeds limits
Maximum top prize Rollovers

6 Prize Values Cash prizes Non-cash prizes Donated prizes

7 Lottery Submissions Date of submission Contents How to submit
Total proceeds (remote and non-remote) Cost of a ticket Good causes element Expenses and prizes Rollover pay-out How to submit

8 Responsibility for agents/3rd parties
SR Code Provisions and 1.1.3 Underage sales Where are sales taking place? Clarity on Where are funds going? What lottery are players participating in? T’s & C’s Are you getting full amount of proceeds?

9 Managing Payments Software/management system
Early flags for errors or delays in direct debits and standing orders Not entering those who have not paid Entering those who have paid Dealing with overpayments

10 Proper Oversight of Activities
Volunteers – are they unlawfully promoting a lottery? Advertising on social media Concern among public re unlawful lotteries Reputational damage Display of licensed status

11 House Raffles Recent upsurge What lessons for the lottery sector?
Benefits of running skill-based competitions and free draws Drawbacks Requirements for free draws Requirements for skill-based competitions

12 Anna Mathias - Barrister and Associate
Woods Whur, Devonshire House, 38 York Place, Leeds, LS1 2ED

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