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joi, 7 octombrie 2010
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Do you know who owns and operates the UK lottery? With a whopping amount of wealth going into this business, it's indeed difficult to visualize that the owners are not astonishingly rich. UK lottery is actually made up of several different stockholders, which implies that the huge profits are equally distributed among the members, generally the ones who have assisted in financing the company.

Currently, UK lottery is under the control of a company known as the Camelot. It looks after the various promotional campaigns and payouts. It makes certain that all runs well. Camelot's sovereignty began in the year 2001, when they won the bid for that year?s franchise. This bid is open in every eight years, and in this bid, the ownership of UK lottery is given over to a company, which is selected by The National Lottery Commission.



The National Lottery Commission is not in charge of any of the operations of Camelot, nor does it deal out any of the winnings. This commission was established so players could have fair treatment. It is not run by the government and has a staff of about 50 people. The headquarters is in Watford, although many staff members are located right in London.

To assist with the shifting of the license to another, the National Lottery Commission is composed of five directors: Resources, Licensing, the Project Team, Compliance, and Performance and Communications. The commission members are employed by the Secretary of State for culture, media, and sport. They also have the responsibility to appoint the Chief Executive, and make judgment regarding the lottery and licenses.

The duty of National Lottery Commission is to look after complaints, which were not adequately looked after by Camelot, or whichever company operates UK lottery. They guarantee that no underage person applies for the game and that people are not into playing the game very excessively. The Commission checks and regulates most of the happenings by Camelot, however they don?t get involved much into the managing and running of the game. The commission however looks to it that the money is allocated properly, and in the correct manner.

Wealth collected from the lottery is divided between the award and diverse good causes. A part of the fund directly goes to the UK government, the people who sell lottery, suppliers of lottery cards or tickets. A part of it also goes as Camelot?s profit. Parliament has set that 28p per pound, should go for some welfare cause. Many people see this as a type of stealth tax; however this goes to maintain the Big Lottery money. A part of the fund raised by Dream Number lottery is kept for the Olympics and Paralympics of 2012.

As per, the rules established by the National Lottery Commission, the players have to be above the age of 16 years. Camelot takes part in both methods ? the scratch cards and the number match games, however the Lotto is known to be the most renowned. The players playing the ?pick-the-number games? can typically play on the Wednesdays or Saturdays every week. The Daily Play is another popular game which takes place every day of the week, excluding Sunday. EuroMillion is most suitable, for those looking for a big jackpot as it has a rolling jackpot including all of UK.

About the AuthorTom Martens is the content coordinator at UKlotterytickets.co.za.South Arica?s primary portal to the UK Lottery.

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