Cause for Excitement in the Lottery Business

A few days ago the State Duma, was prepared a very interesting bill that can spoil life organizers instant and draw lottery are not public.

Said Act provides for the introduction of the state monopoly on the holding of such events and a complete ban on their implementation in private business. According to the developers, the introduction of such a ban would not only increase the income of the overall budget, but also increase the amount of funding various social programs.

In particular, at the same time with the promotion of the state lottery, it is proposed not less than 40 % of their income to send it on social programs and other charitable purposes. At the moment, she may be both public and commercial lotteries, and if the former generally have a social orientation, the latter held exclusively with a view to profit.

According to current legislation, the income from the lottery business shall be distributed as follows: at least 50 % on the lottery prize fund, trust funds - not less than 10%. Observing these limits, the organizers can leave yourself up to 40% of total revenue from the lottery.

40 % of these scammers and now domestic legislators. Guided by good intention, deputies plan to send to charity at least 40% of the proceeds. However, it is not clear whether they can win.

At least, the Russian lottery business not only believes in the success of this bill, but in some cases does not take it seriously. Representative commercial lottery industry pointed directly to the increase in government expenditures in the case of the introduction of such a monopoly.

How so profitable private business goes organize and conduct the lottery, and the state is not. Support of this view about the following. It will be necessary to create a special company that will be engaged in lottery activities on behalf of the state, to fund its costs associated with salaries, advertising, distribution of tickets, etc.

At the same time, as an option, the lottery business involves only increase the state's share in revenue from lotteries held by commercial companies. In principle, such a development can be called quite expected, and the bill itself is just a tool to achieve these goals.

By the way, the annual lottery market in Russia is not less than 10 billion rubles. While the share of instant lottery because of its simplicity and cheaper organization, up to 60 %, even 30% for so-called limited edition lottery requiring significant cost much , and only 10% engaged in electronic lottery conducted using special terminals.

Share their income is not in the interests of commercial companies engaged lottery business, but what will be the developments, we will only fate of the bill. In the meantime, albeit small, but still cause for excitement at the Russian lottery business there.