Property News · February 10, 2018

Scratchcards: harmless flutter or costly addiction?


The Co-op group is to offer its own scratchcards, taking on the National Lottery in what has become a £3bn industryThe Co-op is taking on the National Lottery with the launch of its own scratchcards, which will give as much as four times more to good causes. The member-owned business says a minimum of 20% from the sale of each of its own-brand cards will go to “local good causes”. That compares with as little as 5% for some National Lottery cards – though the average is 10% (the range is between 5% and 16%).However, the move could be controversial. Scratchcards are now officially the UK’s second most popular form of gambling after the National Lottery draws, so some may feel uncomfortable with the Co-op – which is well known for its ethical stance – entering this market. Continue reading…

Source : theguardian.com
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