UK National Lottery sales the highest yet
News on 30 Oct 2016
News on 30 Oct 2016
The UK National Lottery operator Camelot has released its latest numbers, revealing that ticket sales reached GBP 7.7 billion in the year ending March 31, 2016 – up from GBP 7.3 billion in 2015 and the highest since the lottery was launched in 1994.
Camelot reports that the increase in sales was driven by scratch cards and online instant win games, which saw revenue jump 12 percent.
The operator said that its pre-tax profits rose 8 percent to GBP 96.7 million. Chief executive Andy Duncan was paid GBP 700,000 plus GBP 800,000 in long term incentives.
The Lottery disbursed GBP 4.2 billion in prize money (up from GBP 4 billion) and donated GBP 1.9 billion to worthy causes, up from GBP 1.8 billion in the preceding year.
UK media noted that Camelot caused a stir last year when it added ten extra numbers to the main Lotto draw, meaning the odds of winning the jackpot increased from 14 million to one to 45 million to one.
