Strategic focus 5: Regulating a successful National Lottery
For the first time in the history of the National Lottery there has been a change in licensee.
Our priority, in accordance with our statutory function and core regulatory outcomes, is to uphold the National Lottery duties, ensuring that the Lottery is run with all due propriety, in a way that protects players’ interests, and then ensures the maximisation of returns to good causes.
Here is the specific deliverable which will support the delivery of this strategic focus:
Fully embed Fourth National Lottery controls
We will:
- ensure the Licensee delivers its application in full in 2024 to 2025
- embed our revised regulatory approach, team structure and high-level frameworks and processes
- finalise activity relating to the Third National Lottery Licence
- close down the Fourth National Lottery (4NL) Programme.
Why: This forms part of our strategic commitment to complete our oversight and assurance of the transition to, and implementation of, the 4NL Licence and to embed our regulatory approach to the Fourth Licence.
As a result: In delivering this we will oversee and assure the delivery of Allwyn’s application in full in line with legal commitments. We will successfully close down the 4NL programme and ensure successful knowledge transfer of relevant items to the 4NL regulation team. We will measure success by assessing whether the programme is successfully closed down by 28 May 2025. We will also measure success by determining whether Allwyn successfully achieves Fully Implemented Commencement of its application in line with its obligations.
Read more details about this strategic focus in our corporate strategy.
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Last updated: 15 April 2024
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