News2 mins ago
National Lottery
11 Answers
After the highly controversial price hike by Camelot doubling the cost of a lottery ticket from £1 to £2 lots of people said they would change to the Health Lottery or the Postcode lottery, also many syndicates said they would no longer play so has anybody seen or heard of how Camelot have faired since the price rise?
Answers
Best Answer
No best answer has yet been selected by sprayermick. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I too would be very interested. Really quite surprised their was not greater indignance at the prospect of Camelot doubling the cost to play.
Hopkirk is quite right of course - if you increase your prices even only a very small amount you will see a proportionately greater profit, even taking into account some loss of business- double your prices and the profit is all the greater.
Hopkirk is quite right of course - if you increase your prices even only a very small amount you will see a proportionately greater profit, even taking into account some loss of business- double your prices and the profit is all the greater.
It seems the lottery price hike and rules changes was a major misjudgment on the part of Camelot - they have seen there profits plummet for the first time since their launch in 1994, down almost 6% - http:// www.dai lymail. co.uk/n ews/art icle-14 9115/Lo ttery-t icket-s ales-fa ll.html .
The Health lottery and EuroMillions have managed to pick up a lot of the National lotteries disgruntled players and some of the better alternative
The Health lottery and EuroMillions have managed to pick up a lot of the National lotteries disgruntled players and some of the better alternative