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UK & EuropeEuropean Lotteries: A Comprehensive Perspective

European Lotteries: A Comprehensive Perspective

Lotteries in Europe have a rich historical legacy, dating back to the 15th century. Today, they serve not only as games of chance but also as vital contributors to societal welfare across EU Member States. The European Lotteries (EL) Manifesto highlights their profound impact, emphasizing the need for policy frameworks that recognize and preserve their unique role.

Historical and Social Contribution
Since the first lottery in Bruges in 1441, European lotteries have been instrumental in generating public funds. Annually, these lotteries contribute approximately €22 billion ($23.81 billion) to various social initiatives, underscoring their critical role in supporting public welfare and cultural endeavors.

Policy Advocacy
EL calls upon EU policymakers to safeguard the distinct model of national lotteries, which are tailored to meet local needs effectively while ensuring high standards of consumer protection. This involves maintaining exemptions from certain EU legislation to facilitate responsive governance at the national level.

Regulatory Framework and Consumer Protection
A key aspect of EL’s Manifesto is the advocacy for a regulatory framework that distinguishes between legal and illegal gambling operators. This framework supports the Digital Services Act’s concept of trusted flaggers to combat illicit online activities while advocating for uniform standards across online and offline platforms.

Responsible Gaming and Advertising
EL emphasizes a risk-based approach to advertising, advocating stricter regulations for high-risk games compared to low-risk lottery offerings. This approach aims to channel consumers responsibly towards legal and safe gaming options, thereby enhancing overall consumer protection.

Environmental and Social Considerations
In discussions about environmental and social taxonomy at the EU level, EL stresses the importance of recognizing the unique characteristics of lotteries. This recognition is crucial to avoid unintended consequences that could undermine the collaborative efforts between lotteries, investors, and insurers.

The European Lotteries’ Manifesto provides a comprehensive framework for understanding the multifaceted contributions of lotteries to European society. By advocating for tailored regulatory approaches, promoting responsible gaming practices, and safeguarding their unique model, EL ensures that lotteries continue to play a vital role in enhancing public welfare and cultural enrichment across Europe.

Statement: The data and information in this article comes from the Internet, and was originally edited and published by our. It is only for research and study purposes.

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