A recent analysis refutes the idea that charitable gaming draws participants away from state-run lotteries.
The examination, performed by Regulus Partners for the Association of Charity Lotteries in Europe (ACLEU), reveals that charitable gaming actually enhances national lotteries, instead of vying with them.
Examining lottery revenue figures across Europe, the paper, entitled *Charity Lotteries and the European Lottery Market: An Impact Assessment*, uncovered no proof that charitable gaming adversely affects state lottery earnings.
“Our investigation plainly illustrates that charitable gaming assists in expanding the overall sum of lottery-derived financing that supports worthy endeavors,” stated Paul Leyland of Regulus Partners.
“Regulus inspected raffle and instant-win lottery sales information for 12 European national lottery monopolies, separating them into three categories: those with substantial charitable gaming sectors; those with limited charitable gaming sectors; and those without any national charitable lottery.
“Our evaluation discovered no significant causal link between the existence of charitable gaming and the success of national lotteries.”
The paper also determined that charitable gaming is, in reality, contributing to the expansion of the lottery industry overall, resulting in increased funds for beneficial purposes. Indeed, charitable gaming frequently surpasses state lotteries in terms of income growth.
Eva Struven, the director of the European Charity Lottery Group, expressed great enthusiasm for a recent study. She stated it confirmed what they’ve always believed: charity lotteries are mutually beneficial! They assist in generating additional funds for worthy endeavors without negatively impacting the major national lotteries whatsoever.
She aspires for this study to serve as a call to action for policymakers and decision-makers. Charity lotteries bring in supplementary revenue, and everyone should be cognizant of the evolving landscape of the lottery system.
Lastly, she desires collaboration with the national lottery entities. By cooperating, they can collectively amass even greater financial resources for charitable organizations throughout Europe, which benefits both local communities and entire nations.