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The current (third) licence is due to expire in the 2023. The next licence seeks to build on the success of the previous licences where National Lottery players have collectively raised more than £41 billion for good causes across the UK.
Interested parties are being invited to take part in the first formal stage of the competition.
Changes for the fourth licence include:
Interested parties are being invited to take part in the first formal stage of the competition.
Changes for the fourth licence include:
- A fixed 10-year licence: A fixed term means that the licensee has a clear period for investment planning.
- Focusing on performance: Building on the National Lottery’s success to-date, the new licence will provide greater flexibility to maximise returns to good causes, hand in hand with ensuring safe and fair play.
- Incentive mechanism: A new incentive mechanism will ensure the licensee’s incentives and delivery are closely aligned with returns to good causes
- Protecting the brand: The licensee will be required to foster stronger relationships with the distributors of National Lottery funding to further strengthen the link between the National Lottery brand, its players, and good causes.