4th of March 2018 Author: Alex Hoffmann
Representatives of renowned betting companies Lottoland, WorldLottery Club, Jackpot and Multilotto have demanded from the UK Government to cast out a suggested law change which bans third-party betting on EuroMillions. The parent company, Lotto Betting Group reached out to the Secretary of State for Digital, Culture, Media and Sport, asking for a review and a second opinion on the restriction, which comes into effect on April 6th.
After discovering a loophole in 2017, which allows betting on non-UK EuroMillions draws, the government has decided to suspend further gambling attempts. Allegedly, the DCMS has received over 52 responses related to the Gambling Act 2005, whose section 95 preserves a difference between betting and The National Lottery. Due to a confusing distinction between bet-on-lottery companies and lottery firms, a mixup has been created that diverted the money from the good causes to other channels.
UK lottery operator Camelot donates one third of the price of a EuroMillions ticket to charity. According to a reputable newspaper magazine, over £37bn has been contributed to over 525,000 charities and good causes since 1994, when the lottery was founded. Nonetheless, the decision to put a halt on betting on non-UK EuroMillions will suspend further National Lottery income for alms-giving.
Despite the fact that instant games have a lower return to charity, the DCMS' determination to put the proposed change is pretty solid. On the other hand, lottery companies could potentially lose millions in future bets, and it is highly unlikely that the issue could be solved in the next few months.
24th of February 2018
24th of March 2018
19th of June 2018
18th of June 2018
5th of May 2018
18th of April 2018
10th of May 2018
20th of April 2018
25th of April 2018
24th of April 2018
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
Disclaimer Contact Us Privacy Terms and Conditions Gambling Help About Us Site Map Trusted Portals
LatestBingoBonuses.com © 2006-2018
Enter your email adress:
T&C's Apply. 18+
Do not show this again
You have been successfully subscribed to receive LBB newsletter!