The Gambling Commission has launched the competition to award the fourth National Lottery licence.
The next licence seeks to build on the successes of previous years “by creating a framework that maximises the opportunities for players and good causes to benefit from innovation and creativity, whilst protecting the National Lottery’s unique status”.
There will be key changes for the fourth licence with the Commission awarding a fixed 10- year licence; focusing on performance; an incentive mechanism; and protecting the brand.
In 2018, the Commission began an extensive programme of global market engagement to hear from businesses and investors interested in the future of the National Lottery. Interested parties are now being invited to take part in the first formal stage of the competition. Applicants that pass through this stage will receive the Invitation to Apply (ITA) and supporting documents in order to begin preparing their application and the preferred applicant will be announced September 2021.
“The National Lottery is a national treasure. It has a reputation for providing enjoyable games and a high degree of player protection, as well as a rich history of prize giving and returns to good causes. We are determined to protect and build on the reputation of the National Lottery,” said Neil McArthur, Gambling Commission Chief Executive.