Reform of monetary limits on charity lotteries

That this House acknowledges the role played by Britain’s charity lottery sector in providing some £450 million in vital funds for good causes each year at no cost to the Government; recognises the unique nature of charity lottery fundraising, which is centred on long-term, unrestricted giving; acknowledges such a model complements the overwhelmingly project-based funding offer from the National Lottery’s distribution bodies; notes the charity lottery sector continues to call for removal of the £50 million annual limit on their sales and that such lotteries are the only gambling or fundraising product subject to such a cap, despite their low risk and charitable nature; understands that analysis by Britain’s biggest charity lottery fundraiser, Postcode Lottery, projects that removing the annual sales limit and accompanying reforms could free up £175 million in funding for supported charities impacted by the cap; and urges the Government to use its forthcoming update on the sector to announce meaningful reform of the needless and outdated monetary limits placed upon charity lotteries, so that they can raise even more for good causes across Britain.