| Practice area: | Consumer behaviour and protection | Public Policy |
|---|---|
| Client: | European Lotteries and Toto Association |
| Published: | November, 2013 |
| Keywords: |
The note published by European Lotteries first describes recent EU27 trends in the value of the sales of lottery products and gross gambling revenue (the value of the sales of lottery products and prizes paid to buyers of such lottery products). Next it underlines the significant contribution of lotteries to society in terms of taxes and funding of good causes, and stresses the major differences between the business model of the lotteries and the business model of other gambling operators. Finally, it provides some quantitative estimates of the likely impact on lotteries and good causes of a substantial shift of expenditures on gambling products from lotteries to other gambling operators.