Lotteries and Gambling Regulatory Compliance Anna Mathias Barrister

Lotteries and Gambling, Regulatory Compliance Anna Mathias, Barrister

Consultation on new Lotteries LCCP § Open until 30 September § Policy objectives: § openness § transparency § fairness § Part of “putting the consumer at the centre” § Enabling consumers to make informed choices § Changes to lotteries submissions October 2017

Further changes proposed § Societies and ELM’s “could and should do more” § Information on lottery participating in § % of stake to good cause § New SR Code Provision 4. 3. 1 § New SR Code Provision 4. 3. 2 § Definition of different categories of lotteries § § Instant win § High frequency § Low frequency Implications

Commission publishes “Top 5 Society Lottery Compliance Tips” § Financial limits § Prize values § Lottery submissions § Responsibility for agents/3 rd parties § Managing payments

Financial Limits § Good causes money § Prizes and expenses § Proceeds limits § Maximum top prize § Rollovers

Prize Values § Cash prizes § Non-cash prizes § Donated prizes

Lottery Submissions § Date of submission § Contents § § Total proceeds (remote and non-remote) § Cost of a ticket § Good causes element § Expenses and prizes § Rollover pay-out How to submit

Responsibility for agents/3 rd parties § SR Code Provisions 1. 1. 2 and 1. 1. 3 § Underage sales § Where are sales taking place? § Clarity on § § Where are funds going? § What lottery are players participating in? § T’s & C’s Are you getting full amount of proceeds?

Managing Payments § Software/management system § Early flags for errors or delays in direct debits and standing orders § Not entering those who have not paid § Entering those who have paid § Dealing with overpayments

Proper Oversight of Activities § Volunteers – are they unlawfully promoting a lottery? § Advertising on social media § Concern among public re unlawful lotteries § Reputational damage § Display of licensed status

House Raffles § Recent upsurge § What lessons for the lottery sector? § Benefits of running skill-based competitions and free draws § Drawbacks § Requirements for free draws § Requirements for skill-based competitions

Anna Mathias - Barrister and Associate 07767 782997 * Anna@woodswhur. co. uk Woods Whur, Devonshire House, 38 York Place, Leeds, LS 1 2 ED