A recent study reveals that charitable raffles and state-run lotteries, rather than vying for customers, actually support one another. This research, commissioned by the European Lotteries organization and carried out by Regulus Partners, analyzed lottery information from across Europe. The findings? Charitable raffles appear to have no detrimental effect on national lottery revenues.
Paul Leyland of Regulus Partners summarized it this way, “Our investigation clearly demonstrates that charitable raffles actually assist in boosting the overall sum of money collected for worthy endeavors through lotteries.”
To arrive at this conclusion, Regulus Partners scrutinized sales figures from both draw-based games and scratch-off games across 12 different European nations operating national lotteries. They then grouped these national lotteries based on the presence and scale of a charitable lottery segment within the country. Intriguingly, their assessment revealed no substantial correlation between the success of the national lottery and the existence of a charitable lottery.
Even more heartening, the report discovered that charitable raffles frequently experience more rapid income expansion than national lotteries and contribute to the overall expansion of the lottery industry, ultimately aiding worthwhile initiatives.
Eva Struven, the director of the European Charity Lotteries Association, expressed great satisfaction with a recent study. She stated that it confirmed their longstanding belief: charity lotteries complement national lotteries rather than cannibalizing their revenue.
She aspires for this analysis to illuminate politicians, regulators, and charitable organizations about the true worth of charity lotteries. Furthermore, she desires their comprehension of the evolving landscape of the lottery sector as a whole.
In conclusion, she aims to collaborate with national lottery executives to explore innovative avenues for expanding charity lotteries. She posits that this will yield advantages for charities, localities, and countries throughout Europe.
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