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U.K. Lottery operator wants to create global super-lottery

Insider BuzzInsider Buzz: U.K. Lottery operator wants to create global super-lottery
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Camelot will launch the first ever global lottery draw if it wins the right to run Britain's game for another 10 years — with players from all over the world generating jackpots of up to half a billion pounds (nearly one billion dollars).

The international lotto would dwarf the existing Euro Millions weekly game, in which nine countries have joined together to achieve astonishing top prizes of £125 million.

The new game would span the globe with some 50 countries already voicing interest in taking part, and sources believe that many hundreds of millions of punters across the planet would push jackpot payouts to unprecedented levels.

Camelot unveiled its ambitious plan as the deadline passed for bids to run Britain's National Lottery for another decade, starting in 2009.

The Government avoided the ultimate embarrassment of having no rivals come forward to challenge the existing operator, as India's largest lottery operator Sugal & Damani submitted a bid.

But in spite of desperate efforts by the National Lottery Commission regulator to encourage more bidders to come forward there was disappointment as several major players opted not to bother.

Sir Richard Branson's People's Lottery consortium, which lost out to Camelot during the last license fight seven years ago, concluded this time that the odds were too heavily stacked in favor of the current operator.

Officials had also hoped for other bids, including one from Greek-based global lottery operators Intralot.

The last contest in 2000 descended into chaos, blighted by months of legal challenges as Camelot were first excluded by regulators and then went on to win.

Since then ministers have struggled to find ways to encourage genuine competition for the next contest, including plans to break up Camelot's monopoly and let different companies to run separate games — which were later dropped.

Camelot launched its own bid with a slick and lavish presentation at London's National Gallery.

Their official bid document runs to 18,000 pages and weighs more than 450lb.

Sugal & Damani took a more low-profile approach, delivering their own huge document — which they said runs to 35,000 pages but cost a modest £230,000 to compile — to the Commission offices without fanfare.

The most eye-catching feature of Camelot's bid was the 'global lottery' plan, building on the success of the Euro Millions game launched two years ago.

The worldwide game would see scores of countries combining in a monthly game to create 100 or more millionaires per draw.

Once a year the prize structure would be changed to produce one mammoth jackpot, which could reach an astonishing £500 million.

A single winner scooping such a prize would instantly become one of the world's richest individuals.

Neither bidder revealed the key elements of their business plans publicly — including crucially their predicted income for 'good causes'.

During the 2000 license battle Camelot promised publicly to generate £15 billion for good causes over seven years, but after winning the license they quietly cut that figure to £10.5 billion.

Chief executive Dianne Thompson pledged to raise more for good causes than the current figure of around £1.4 billion per year.

Despite the refusal of many potential bidders to enter the license race she insisted Camelot was "not complacent", adding, "The UK National Lottery is already a world beater. We want the chance to continue to deliver for all the UK Good Causes and the people of Britain."

If Camelot wins, she said, it would increase ticket sales and take less profit out of the game.

Promised innovations include new 'lifestyle prizes' where winners could choose non-cash rewards including holidays, sporting event tickets or 'money-can't-buy' prizes such as evenings with celebrities.

Delhi-based Sugal & Damani pledged to bring in new games, and greater incentives for retailers to sell more tickets.

The company added, "Sugal & Damani's operations in India are highly efficient, handling almost double the number of transactions with comparable size of retailer terminals that exist in the UK."

Chairman Sugalchand Jain said he was "100 per cent confident" that his was the world's best lottery operator.

The National Lottery Commission now has six months to study the bids before announcing a winner in August.

This is London

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25 comments. Last comment 10 years ago by pumpi76.
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Honduras
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August 29, 2005
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Posted: February 9, 2007, 7:38 pm - IP Logged

Yeah, it was time...News like that make my day..I hope they get the chance to make the global lottery...

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    Honduras
    Member #20982
    August 29, 2005
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    Posted: February 9, 2007, 9:24 pm - IP Logged

    I wish however that it becomes a 18 billion dollar jackpot global lottery....Do you all know the revolution we would have if we create multi-billionaires? I say the world would be a better place...HOwever they should not make any muslim country (sorry for my biased) participate, don't care who they are...The implications of a lottery that creates multi-billionaires is so great that the WRONG MOVE, and we could create what the Bible prophesices...I mean could you imagine if a billionaire became or declared war on America? Not to forget Bin Laden..And because the lottery is blind it doesn't chooses who is going to pick but it picks anyone randomly, they got to be careful...IF we are not careful which country we chose we could have multiples Bin Laden's...And i know that the lottery doesn't have scientist calculating and figuring out the odds and the cracks, fissures, the groves and flaws in this dreamed game and they don't have people backing the scientists up and more scientist backing these people up (the contingency plan [movie armaggeddon, bruce willis]..)..And bin laden didn't have 9 billion dollars (after taxes), he had i was told between 250 and 350 million dollars....And if the U.S had multiple Bin Laden's with more money than Bin Laden then the U.S is going to be in trouble and they will have a longer war than any previous one...Don't know if the U.S will be able to afford such a war and if it does, the economy of the U.S will come down...

    Despite that i have some simpathy for the people of Saudi Arabia (their oil and lots of their money goes into foreign help so i read in the encyclopedia), but Sorry guys but I don't trust Muslims....

    But at least is not a 1 or 2 trillion dollar lottery...If they had a lottery who jackpot was 1, 2 or 3 trillion dollars then they will have to worry, and i really mean worry...

    They have to be careful really what they do...And something to have in mind when creating such a gigantic super lottery...Not everyone has the same thoughts, there are some people that are more evil than others....They should study what causes people to become criminals...No one was expecting Bin Laden, and look he came...Sometimes it is subtle the way things unravel...

     

    "More important than winning the state's lottery is the movie "Red Planet.."...."

      chasingadream's avatar - Archangel 01.jpg

      United States
      Member #38687
      May 3, 2006
      315 Posts
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      Posted: February 9, 2007, 10:48 pm - IP Logged

      I wish however that it becomes a 18 billion dollar jackpot global lottery....Do you all know the revolution we would have if we create multi-billionaires? I say the world would be a better place...HOwever they should not make any muslim country (sorry for my biased) participate, don't care who they are...The implications of a lottery that creates multi-billionaires is so great that the WRONG MOVE, and we could create what the Bible prophesices...I mean could you imagine if a billionaire became or declared war on America? Not to forget Bin Laden..And because the lottery is blind it doesn't chooses who is going to pick but it picks anyone randomly, they got to be careful...IF we are not careful which country we chose we could have multiples Bin Laden's...And i know that the lottery doesn't have scientist calculating and figuring out the odds and the cracks, fissures, the groves and flaws in this dreamed game and they don't have people backing the scientists up and more scientist backing these people up (the contingency plan [movie armaggeddon, bruce willis]..)..And bin laden didn't have 9 billion dollars (after taxes), he had i was told between 250 and 350 million dollars....And if the U.S had multiple Bin Laden's with more money than Bin Laden then the U.S is going to be in trouble and they will have a longer war than any previous one...Don't know if the U.S will be able to afford such a war and if it does, the economy of the U.S will come down...

      Despite that i have some simpathy for the people of Saudi Arabia (their oil and lots of their money goes into foreign help so i read in the encyclopedia), but Sorry guys but I don't trust Muslims....

      But at least is not a 1 or 2 trillion dollar lottery...If they had a lottery who jackpot was 1, 2 or 3 trillion dollars then they will have to worry, and i really mean worry...

      They have to be careful really what they do...And something to have in mind when creating such a gigantic super lottery...Not everyone has the same thoughts, there are some people that are more evil than others....They should study what causes people to become criminals...No one was expecting Bin Laden, and look he came...Sometimes it is subtle the way things unravel...

       

      "More important than winning the state's lottery is the movie "Red Planet.."...."

      interesting point of view.....

      Oogle  waiting patiently for my jackpot

        barbos's avatar - gold bar-and-cash1.jpg
        California
        United States
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        October 17, 2005
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        Posted: February 10, 2007, 2:06 am - IP Logged

        I always had a "C" in math but it seems to me half a billion pounds would equal nearly a billion bucks, not a "trillion"

          Avatar
          Greenwich, CT
          United States
          Member #4793
          May 24, 2004
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          Posted: February 10, 2007, 8:04 am - IP Logged

          Interesting news.

          I don't think a billion dollars would make a huge extra difference in the wrong hands...not with the already trillions of dollars whizzing every whichway.


            United States
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            June 5, 2002
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            Posted: February 10, 2007, 9:51 am - IP Logged

            I always had a "C" in math but it seems to me half a billion pounds would equal nearly a billion bucks, not a "trillion"

            In some countries, a billion is 1,000,000 million, and a trillion is 1,000,000,000,000 million. The UK used to consider a billion 1,000,000 million, but now the meaning of a billion is usually the same in the US and Great Britain.


              United States
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              February 10, 2004
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              Posted: February 10, 2007, 11:44 am - IP Logged

              Higher Payouts= Higher Interest= Higher Jackpots= Higher Revenues for all parties involved. Again Europe is ahead of the curve, while the US's idea to increase revenue is to give us worse games with name changes that are defunct after a year.  The US should also start NOT taxing lottery winnings.

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                Honduras
                Member #20982
                August 29, 2005
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                Posted: February 10, 2007, 12:29 pm - IP Logged

                I always had a "C" in math but it seems to me half a billion pounds would equal nearly a billion bucks, not a "trillion"

                Barbos i asked myself the same question...How can 500 million pounds equal 1 trillion dollars...I went to a currency calculator and it told me the same thing...That 500 million pounds equal 9 hundred and something billion dollars....I couldn't believe it either...

                On nother subject, i don't trust muslims but i admire their religious fervor (zeal)...

                Cash only, In Central America they consider it the same way they used to in England...

                 

                "More important than winning the state's lottery is the movie "Red Planet..".."

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                  Honduras
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                  Posted: February 10, 2007, 10:55 pm - IP Logged

                  If they are going to create a Global lottery, i think they should not create a lottery that gives out 100-200 million dollar jackpot...If they are going to creat a Global lottery let it give out at least 5 billion dollars..Why? Because 100-200 million dollars doesn't help the economy of a country the way a couple of billionaires do...The more billionaires in a country the better specially a small sized (both population & geographically) country...Billionaires tend to want to open up bussiness in a large scale and open up bussiness that introduce innovation and specialized bussiness to a country something that would normally wouldn't be able to be done with less money...A billionaire can propell a country more competitevily against other countries or the future (progress)...That's why a Global lottery should give out several billion of dollars...And if they are going to give out more than 40 billion dollars they should break it down into 10 billion each...And if is 1 trillion dollar lottery they should give out that amount in 18 billion dollars each...But no less than 15 billion dollars...  And if they are going to make a billion dollar global super-lottery, i think they should exclude the muslim countries...

                   

                   

                  "More important than winning the state's lottery is the movie "Red Planet.."..."

                    justxploring's avatar - villiarna
                    Wandering Aimlessly
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                    November 5, 2005
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                    Posted: February 14, 2007, 4:00 am - IP Logged

                    When I read stories like this one, I wonder why I play at all.  The world's gone completely mad.

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                      Honduras
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                      August 29, 2005
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                      Posted: February 18, 2007, 12:45 am - IP Logged

                      If they are going to create a Global lottery, i think they should not create a lottery that gives out 100-200 million dollar jackpot...If they are going to creat a Global lottery let it give out at least 5 billion dollars..Why? Because 100-200 million dollars doesn't help the economy of a country the way a couple of billionaires do...The more billionaires in a country the better specially a small sized (both population & geographically) country...Billionaires tend to want to open up bussiness in a large scale and open up bussiness that introduce innovation and specialized bussiness to a country something that would normally wouldn't be able to be done with less money...A billionaire can propell a country more competitevily against other countries or the future (progress)...That's why a Global lottery should give out several billion of dollars...And if they are going to give out more than 40 billion dollars they should break it down into 10 billion each...And if is 1 trillion dollar lottery they should give out that amount in 18 billion dollars each...But no less than 15 billion dollars...  And if they are going to make a billion dollar global super-lottery, i think they should exclude the muslim countries...

                       

                       

                      "More important than winning the state's lottery is the movie "Red Planet.."..."

                      Not to mention that people that win 100-200 million dollars get so overwhelmed with the news that they tend to want to spend it all in less than 1 year..While you can't squander 10 billion dollars just like that...Not to mention that when times comes to giving to charity, a billionaire can give more than 5 people that won the 100-200 million dollars combined, why? Because they can generate more money than the 5 people that won the 100-200 million dollars..Example, Bill Gates, and Ted Turner...Look how much Bill Gates has donated to charity?Look at what Ted Turner donated to the U.N? He tonated 1 Billion dollars...And though it is true that, most of the money donated to charities come from people that have less than 200 million dollars, that's because there is a lot of people in the U.S that have 10 million dollars and above but is not the case for foreign countries..Foreign countries do not have the amount of millionaires that the U.S have...And also we have to look at the physics/nature of interest: The more money you have the more you would receive...

                      And looking at the bright side, if they create a Global superlottery, it will be the new buzz around and everybody would be wanting to make movies about...I wonder how many movies (pi and beautiful mind style) they are going to make where they talk about mathematicians & statisticians...

                       

                       

                      "More important than winning the state's lottery is the movie "Red Planet...".."

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                        Honduras
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                        Posted: March 8, 2007, 3:27 am - IP Logged

                        I meant to say: "I wonder how many movies (pi and beautiful mind style) they are going to make where they talk about mathematicians & statisticians trying to crack this trillion dollar Global lottery..."

                        But who knows maybe they will create a trillionaire that can take all that money and help the world...I once was told that Bill Gates could buy Central America if he wanted...And i am thinking that if he could buy a region like Central America, he could also fix it...Now imagine a trillionaire or a band of trillionaires...they could fix the "Planet"....the world would be a better place....So i think they should let a trillion dollar lottery pay out a trillion dollars but very careful...

                        And i would prefer if they were to divide that trillion dollar and divide it into 15 billion dollars (15 billion dollars after taxes are taken and not before..)....A trillionaire could fix each continent....A trillionaire could fix the "Global Warming" problem in the world...Three trillionaires could fix Africa or half of AFrica....2 trillionaires could make Europe the envy of the modern world....2 trillionaires could modernize Russia....and 1 trillionaire could fix Central and perhaps south America....(But i am talking about having 1 trillion dollars left after taxes are taken and not before taxes are taken).....

                         

                         

                        "More important than winning the state's lotteries is the movie "Red Planet..."....."

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                          Honduras
                          Member #20982
                          August 29, 2005
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                          Posted: March 9, 2007, 5:50 pm - IP Logged

                          How will you fix Africa?

                           Start by building an inordinate amount of roads, roads everywhere...Roads that will connect the entire continent.....And then (this idea is a little bit far off) build artificial rivers, not too much but a a couple of artificial rivers the caliber of the Nile...And if you can build a lot of small ones...and if you can then lots of Airports.....

                           

                           

                          "Laura Simpson from Great Lakes, Illinois deserves to be rich..."      "She is so rare..."

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                            Northbrook
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                            Posted: March 10, 2007, 2:54 pm - IP Logged

                            Although the Muslim view is a bit prejudiced, I can agree but also to say that if I won a Billion dollars, couldn't I buy some poor country or declare war on the Virgin Islands?  Buffett and Gates have multi-billions of dollars and they dont put it towards gutting the US gov't/though they could.

                             

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