The introduction of a National Lottery in the UK in 1994 created a
unique regulatory challenge. The response to this challenge is
embodied in arrangements informed not by international precedent,
but by privatization policies pursued by successive Conservative
governments between 1979 and 1994. Dr Douglas assesses the success
of the Lottery's regulation against the objectives set out in the
enabling legislation: the upholding of the Lottery's propriety, the
protection of the players, and the maximizing of the funds to be
applied to the good causes. Lessons learned during the initial
licence period will inform the new seven year licence from October
2001, the operator chosen for the new term, and in particular the
role of the profit motive within the new arrangements.
General
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