€4m Rehab scratch card sales made €9,452 profit

//€4m Rehab scratch card sales made €9,452 profit

€4m Rehab scratch card sales made €9,452 profit

Tuesday 21 January 2014 21.16

Rehab lottery scratch card sales of almost €4m in 2010 yielded profits of only €9,452 Rehab lottery scratch card sales of almost €4m in 2010 yielded profits of only €9,452

Rehab lottery scratch card sales of almost €4m in 2010 yielded profits of only €9,452, according to Minister for Justice Alan Shatter.

He gave details in the Dáil regarding his decision to phase out the Charitable Lottery Scheme. 

Mr Shatter said when he assumed responsibility for the operation of the scheme, he undertook a review of payments being made.

He said that Rehab lottery scratch card sales of €3.969m yielded profits of only €9,452 in 2010.

Rehab Bingo sales of €3.19m during this period yielded profits of €548,000.

As a result of the review the Minister he said he became concerned that the fundraising activities of some of the organisations that benefit from the Scheme operated at very low profit margins.

He said the operation of the Scheme incentivised inefficient fundraising practices that could be used as a means to leverage Government funding under the Scheme.  

He said he no longer believed the scheme fit for purpose.

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By | 2014-01-22T05:32:53+00:00 January 22nd, 2014|Headlines|0 Comments