Who Has The UK Lottery License?
With a whopping amount of wealth going into this business, it's indeed difficult to visualize that the owners are not astonishingly rich. UK lottery is actually made up of several different stockholders, which implies that the huge profits are equally distributed among the members, generally the ones who have assisted in financing the company.
Currently, UK lottery is under the control of a company known as the Camelot. It looks after the various promotional campaigns and payouts. It makes certain that all runs well. Camelot's sovereignty began in the year 2001, when they won the bid for that year's franchise. This bid is open in every eight years, and in this bid, the ownership of UK lottery is given over to a company, which is selected by The National Lottery Commission.
However, the National Lottery Commission is responsible to look after the running of Camelot. It also is not responsible for any of the winnings. The commission was recognized so that the lottery players can all be treated justly. This commission is not related to the British government and consists of a staff of nearly 50 people. Their headquarters is located in Watford, though most of the staff is from London.
To assist with the shifting of the license to another, the National Lottery Commission is composed of five directors: Resources, Licensing, the Project Team, Compliance, and Performance and Communications. The commission members are employed by the Secretary of State for culture, media, and sport. They also have the responsibility to appoint the Chief Executive, and make judgment regarding the lottery and licenses.
The duty of National Lottery Commission is to look after complaints, which were not adequately looked after by Camelot, or whichever company operates UK lottery. They guarantee that no underage person applies for the game and that people are not into playing the game very excessively.
The Commission checks and regulates most of the happenings by Camelot, however they don't get involved much into the managing and running of the game. The commission however looks to it that the money is allocated properly, and in the correct manner.
Fund collected from the game is divided among the prize money and the several noble causes. Some part of the funds directly goes to the British government, the ticket sellers, the suppliers of lottery tickets, and for Camelot's cost and profit. Parliament has set that, at least 28p of every pound will go for the noble cause.
There are some people who think this to be a stealth tax, but in fact it actually helps the Big Lottery Fund. Some part of the fund collected by Dream Number lottery is to help the Olympics and Paralympics, to be held in 2012.
As per, the rules established by the National Lottery Commission, the players have to be above the age of 16 years. Camelot takes part in both methods - the scratch cards and the number match games, however the Lotto is known to be the most renowned.
The players playing the "pick-the-number games" can typically play on the Wednesdays or Saturdays every week. The Daily Play is another popular game which takes place every day of the week, excluding Sunday. EuroMillion is most suitable, for those looking for a big jackpot as it has a rolling jackpot including all of UK.
Currently, UK lottery is under the control of a company known as the Camelot. It looks after the various promotional campaigns and payouts. It makes certain that all runs well. Camelot's sovereignty began in the year 2001, when they won the bid for that year's franchise. This bid is open in every eight years, and in this bid, the ownership of UK lottery is given over to a company, which is selected by The National Lottery Commission.
However, the National Lottery Commission is responsible to look after the running of Camelot. It also is not responsible for any of the winnings. The commission was recognized so that the lottery players can all be treated justly. This commission is not related to the British government and consists of a staff of nearly 50 people. Their headquarters is located in Watford, though most of the staff is from London.
To assist with the shifting of the license to another, the National Lottery Commission is composed of five directors: Resources, Licensing, the Project Team, Compliance, and Performance and Communications. The commission members are employed by the Secretary of State for culture, media, and sport. They also have the responsibility to appoint the Chief Executive, and make judgment regarding the lottery and licenses.
The duty of National Lottery Commission is to look after complaints, which were not adequately looked after by Camelot, or whichever company operates UK lottery. They guarantee that no underage person applies for the game and that people are not into playing the game very excessively.
The Commission checks and regulates most of the happenings by Camelot, however they don't get involved much into the managing and running of the game. The commission however looks to it that the money is allocated properly, and in the correct manner.
Fund collected from the game is divided among the prize money and the several noble causes. Some part of the funds directly goes to the British government, the ticket sellers, the suppliers of lottery tickets, and for Camelot's cost and profit. Parliament has set that, at least 28p of every pound will go for the noble cause.
There are some people who think this to be a stealth tax, but in fact it actually helps the Big Lottery Fund. Some part of the fund collected by Dream Number lottery is to help the Olympics and Paralympics, to be held in 2012.
As per, the rules established by the National Lottery Commission, the players have to be above the age of 16 years. Camelot takes part in both methods - the scratch cards and the number match games, however the Lotto is known to be the most renowned.
The players playing the "pick-the-number games" can typically play on the Wednesdays or Saturdays every week. The Daily Play is another popular game which takes place every day of the week, excluding Sunday. EuroMillion is most suitable, for those looking for a big jackpot as it has a rolling jackpot including all of UK.
