Shatter: Rehab scratch card sales of €4m in 2010 yielded €9,452 in profits
Published 21/01/2014 | 21:42
Rehab lottery scratch card sales of almost €4m in 2010 yielded profits of only €9,452, according to Minister for Justice Alan Shatter.
He revealed that Rehab Bingo sales of €3.19m during the same period yielded profits of €548,000.
Minister Shatter released the details in the Dáil when describing his decision to phase out the Charitable Lottery Scheme.
He said the scheme was no longer fit for purpose and gave four reasons for making the decision.
(1) The scheme encourages inefficient fundraising practices and high administration costs.
(2) It creates an incentive to run a charitable lottery at a low profit margin or at a loss.
(3) It resulted in low proportions of profits reaching designated charities.
(4) It was unfair to the donors that a low proportion of monies donated was being used for charitable purposes and that the scheme had “essentially evolved into a mechanism to obtain taxpayers and National Lottery surplus funds”.