answer text |
<p>The society lottery annual sales limit was last increased as part of a wider package
of reforms in 2020. These were reviewed 12 months after they were implemented, and
the results of the review were published in March 2022. Early indicators were positive.
The higher annual sales limit has allowed some multiple licensed operators who previously
had annual sales in excess of £10 million, to restructure and become single licence
holders, and divert the savings to good cause returns. The review concluded that it
was too soon to reach any firm view on the impact of the changes, especially during
a time when the effect of the Covid pandemic made any evaluation more difficult, and
that more data on annual growth of the sector was required before considering any
further changes. My officials will continue working with the Gambling Commission,
as part of its regulatory role, to keep the sector under review.</p>
|
|