Nov 14, 2019
UK National Lottery operator Camelot reports record sales
The company that runs the UK's National Lottery has reported record sales in the first half of its financial year. Camelot does not disclose half-year profits but said they were in line with the previous year's at around 1 per cent of total sales. Nigel Railton, chief executive, said that since a strategic review launched in 2017, Camelot had focused on "Re-energising the brand" and increasing sales of lottery tickets and scratch cards. Sales in shops account for more than 70 per cent of the National Lottery's total sales, a proportion Mr Railton said he hopes to maintain even as footfall on the high street has decreased. Sales of lottery tickets earned retailers £158.3m in commission over the half year.
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