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In message , James Farrar
writes My understanding is that there'll be a special Olympic Lottery. There will be additional lottery games. It is predicted that these will divert income from the main lottery - i.e. many people will choose to enter for an Olympic game rather than their regular one. The Department for Culture, Media and Sport say ... Camelot's estimates, as reviewed by the National Lottery Commission, are that around 60% of the monies raised from the Olympic Lottery games might come from sales diversions from existing games. This could lead to an overall reduction in income to the existing good causes of just over 5% over the seven-year period of the games. They also indicate that "a further £340 million would come from expenditure by the established Lottery sport distributors" (mostly Sport England) - i.e instead of spending money on sport at a local level, the distributors will be directed to spend their money on the Olympics. Furthermore, the department darkly mutters that yet more money may have to be raised by reducing the total percentage of lottery income passed to "good causes" - this percentage can be changed after 2009, it appears. -- Paul Terry |
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