Woods Valldata’s Post

🔍 https://hubs.ly/Q02xcPkJ0 Confused about External Lottery Managers (ELMs) for your charity lottery? Our straight-forward blog breaks it down. Discover why they're crucial and how to choose the right one! #CharityLottery #FundraisingTips

🔍 https://hubs.ly/Q02xcQCc0 Confused about External Lottery Managers (ELMs) for your charity lottery? Our straight-forward blog breaks it down. Discover why they're crucial and how to choose the right one! #CharityLottery #FundraisingTips

What are the key regulations governing online lottery platforms in India and the USA? India: In India, gambling laws are mostly regulated at the state level, and the legal status of lotteries can differ from one state to another. Some states allow lotteries to be conducted both online and offline, while others have banned lotteries altogether. The Public Gambling Act of 1867 is a central law that gives states the authority to formulate their own gambling laws. However, there is no specific federal legislation governing online lotteries in India. States like Kerala, Sikkim, Goa, and Maharashtra have their own laws and regulations regarding lotteries. For example, Sikkim has allowed online lottery sales within its state borders under certain conditions. USA: In the USA, the legality of lotteries, including online lotteries, is determined by both federal and state laws. The federal government primarily regulates interstate gambling activities through laws such as the Wire Act and the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006. The Wire Act prohibits the use of wire communications for interstate gambling, which has implications for online gambling activities that cross state lines. At the state level, each state has its own laws and regulations regarding lotteries. Some states have embraced online lottery sales, while others have prohibited them. For instance, states like New York, Pennsylvania, and Michigan have legalized online lottery sales, while others like Utah and Hawaii have strict anti-gambling laws that extend to online lotteries. https://lnkd.in/gvC2wCjb

IAGA sponsor firm Harris Hagan recently shared some insights into the Gambling Survey of Great Britain and the publication of the first annual report, including several key facts: • 48% of GSGB participants participated in any form of gambling in the past four weeks. This figure dropped to 27% when those who only participated in lottery draws were excluded. • GSGB participants were more likely to gamble online (37%) than in-person (29%), however this difference was largely accounted for by people who purchase lottery tickets online. Excluding those individuals, GSGB participants were more likely to gamble in-person (18%) than online (15%). • The most commonly reported gambling activities were the National Lottery (31%), purchasing tickets for other charity lotteries (16%) and buying scratchcards (13%). The average number of activities for those who had participated in gambling in the past 4 weeks was 2.2 activities during that period. The full review is available online: https://lnkd.in/gP3ziXUv

🎰 Major Update from Britain's Gambling Commission! 🇬🇧🔍 👉 The Commission has introduced a significant change for licensed gambling operators: they must now submit regulatory returns quarterly, not just annually. 📊 Key Points: ✨ Enhanced Oversight: Quarterly reports will offer more timely insights into gambling activities, aiding in better regulation and public health measures. 🔄 Mixed Reactions: The industry is divided - some stakeholders welcome the move for greater transparency, while others worry about increased administrative costs, especially for charities. 🎯 Commission's Goal: This step aligns with the Commission's mission to be a risk-based, evidence-led regulator, aiming for a healthier gambling environment. 💭 What's your take? Will these frequent reports lead to better gambling regulation or just increase bureaucracy? #GamblingRegulation #PublicHealth #UKNews #IndustryInsight Read more:

🎰 Major Update from Britain's Gambling Commission! 🇬🇧🔍 👉 The Commission has introduced a significant change for licensed gambling operators: they must now submit regulatory returns quarterly, not just annually. 📊 Key Points: ✨ Enhanced Oversight: Quarterly reports will offer more timely insights into gambling activities, aiding in better regulation and public health measures. 🔄 Mixed Reactions: The industry is divided - some stakeholders welcome the move for greater transparency, while others worry about increased administrative costs, especially for charities. 🎯 Commission's Goal: This step aligns with the Commission's mission to be a risk-based, evidence-led regulator, aiming for a healthier gambling environment. 💭 What's your take? Will these frequent reports lead to better gambling regulation or just increase bureaucracy? #GamblingRegulation #PublicHealth #UKNews #IndustryInsight Read more:

Baroness Twycross' speech at the GambleAware annual conference on 4 December 2024. Is this a sign that #prize #draws will not be regulated as #lotteries as was feared, following the #gambling #Whitepaper. From what I have seen, some free draw operators have responded with enhanced consumer protection measures and increased charitable contributions. "It is not just the regulated gambling sector that needs to do more to protect consumers though. Large scale prize draws, like Omaze, are a significant and growing market. Whilst not regulated under the Gambling Act, I want the people who participate in draws with these companies to be confident that proportionate protections are in place. I am grateful for the voluntary action taken so far by the sector to act transparently and apply player protection measures. I want to ensure high standards in this area and will be meeting the sector to discuss this work." https://lnkd.in/eYNTKqRk #Omaze has recently announced that it has increased charitable donations from 80% of net proceeds (profits) to 17% of ticket sales from each house draw - this is not far off the minimum 20% of ticket sales that lotteries must apply towards the good cause. https://lnkd.in/eW7UUgrP

Maryland’s betting market has contributed over $5 million to the state in August, fueling local education through the Blueprint for Maryland’s Future Fund. The industry has so far donated over $100 million to the cause since the regulation of online wagering. In August 2024, Maryland’s 11 mobile sportsbooks and 12 retail locations handled $377,381,689 in wagers, up 43% from August 2023. The retail sector, for context, handled $8,980,741 in wagers. The mobile betting sector, on the other hand, reported a handle of $368,500,947. Read the full article ➡ https://lnkd.in/dZQ6JdzA #maryland #regulation #gambling #gamblingnews #finance

Just because the proceeds of a gambling activity, which is still what lotteries are, goes to a good cause this doesn’t eliminate the potential harms. Organisations like GambleAware being funded via a statutory levy, rather than voluntary donations from the gambling industry, will increase the confidence in the independence of charities supporting means to prevent gambling harm. As valuable as these revenue streams undoubtedly are to a number of organisations, and are potentially a legitimate source of income generation, depending upon your viewpoint, creating special conditions for certain types of lotteries does not seem the way to go….