# Lords worried Olympics lottery funding could impact on good causes

- Link: https://fundraising.co.uk/2004/03/03/lords-worried-olympics-lottery-funding-could-impact-good-causes/
- Published: 2004-03-03T00:00:00+00:00
- Author: Howard Lake

The debate in the House of Lords on Tuesday on the Horserace betting and Olympics
lottery bill exposed serious concerns about the reduction of money to existing good
causes.
The National Council of Voluntary Organisations (NCVO) has expressed profound
doubts about the ability of the new Olympic Lottery games to raise the estimated
£750 million required to stage the Olympics.

Labour Peer, Lord Judd expressed strong support for NCVO’s concerns. He explained
both of NCVO’s main recommendations, that the 12% duty on lottery tickets should
be split between good causes and prizes, and, secondly, rather than granting the
Secretary of State reserve powers to make

payments from the National Lottery distribution fund into the Olympic Lottery Distribution
fund, powers should be granted to enable the transfer of unclaimed prizes, worth
more than £590 million, to the Olympics.

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