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UK & EuropeImpact Assessment of Charity Lotteries on the European Lottery Market: Statistical Analysis...

Impact Assessment of Charity Lotteries on the European Lottery Market: Statistical Analysis Reveals Positive Synergy

The “Charity Lotteries and the European lottery market: impact assessment” report presents a comprehensive statistical analysis of lottery markets in Europe. Contrary to common perceptions, the study highlights that charity lotteries have a favorable impact on state lotteries, dispelling concerns about potential negative consequences. The research conducted by Regulus Partners demonstrates that charity lotteries not only contribute to the growth of lottery-based charity fundraising but also outperform state lotteries in terms of revenue growth.

Positive Synergy between Charity and State Lotteries:
According to Paul Leyland, a representative from Regulus Partners, the study findings indicate a lack of any significant causal link between charity lotteries and the performance of state lotteries. The research analyzed draw-based and instant ticket sales performance of 12 European state lottery monopolies, grouping them into three categories: those with a substantial charity lottery sector, those with a limited charity lottery sector, and those without any national charity lotteries. The results overwhelmingly support the notion that charity lotteries are complementary to state lotteries rather than posing a threat to their income.

Stimulating Overall Lottery Segment Growth:
One of the key discoveries of the report is that charity lotteries consistently contribute to the growth of the overall lottery segment. This growth, in turn, translates into increased funding for charitable causes. Furthermore, the research shows that charity lotteries often outperform state lotteries in terms of revenue growth. These findings challenge the assumption that charity lotteries divert revenue away from state lotteries, presenting an encouraging outlook for the future of lottery-based charity fundraising.

Support for Charity Lotteries’ Value:
Eva Struving, President of the Association of Charity Lotteries in the European Union (ACLEU), expressed satisfaction with the research report’s findings, emphasizing the long-standing belief that charity lotteries are beneficial and supplementary to state lotteries. Struving hopes that the report will help policymakers, politicians, and charities recognize and appreciate the added value that charity lotteries bring to society. Additionally, the report aims to foster collaboration between the charity and state lottery sectors to further enhance lottery-based charity fundraising across Europe.

The “Charity Lotteries and the European lottery market: impact assessment” report provides compelling evidence that charity lotteries positively contribute to the European lottery market without detrimentally affecting state lotteries. By dispelling concerns about negative consequences, the study emphasizes the complementary nature of charity and state lotteries. It also highlights the consistent growth of the overall lottery segment and the superior revenue growth of charity lotteries. These insights not only underscore the value of charity lotteries but also encourage collaboration among stakeholders to maximize the benefits for charities, communities, and countries throughout 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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