The Gambling Commission sheds some light on Euro 2016’s betting
The UK Gambling Commission has set rules for which type of sweepstake is accepted and which is not in accordance with the Gambling Act 2005.
UK.- With Euro 2016 around the corner, UK’s Gambling Commission has set rules for which type of sweepstake is legal and which is illegal in compliance with the Gambling Act 2005.
The Gambling Commission states: “A typical sweepstake lottery is a scheme where participants pay to randomly select a team, in a sports tournament sweepstake, or a horse, in a horse race sweepstake. The person who selects the winning team, or horse, wins all the money.”
“Under the Gambling Act 2005 this qualifies as a lottery. You do not need a licence to run these types of lotteries but the Gambling Act 2005 does set out some general rules about how these lotteries must operate and anyone organising such a sweepstake lottery is advised to read our guidance note on Organising small lotteries before proceeding. Basically, an office sweepstakes has zero skill involved so it’s deemed to be a lottery by the lads in the Gambling Commission.”
According to the Gambling Act 2005, standard office sweepstakes are legal as they’re deemed to be ‘work lotteries’ under the 2005 Gambling Act. Fundraising sweepstakes are also legal. On the other hand, office fundraising sweepstakes are not legal. Is a group of people want to raise funds in the office through a sweepstakes it would be deemed to be a ‘work lottery’.