The Australian Sports Commission will be seeking approval for a UK-style sport lottery in order to raise funds for the 2020 Tokyo Olympics, local media reports.
In a post-Olympics briefing, ASC chairman John Wylie noted there were challenges facing Olympics sports as government funding is unlikely to increase.
“In a global sense, relatively, we are going backwards,’’ he said.
Wylie said the ASC board will be discussing an online lottery proposal on Tuesday.
The lottery would require federal government legislation and most likely face backlash from state governments, but says it would be a good thing for Australian sport.
“We’ve been told there hasn’t been a lot of innovation in the lottery market and there could be an incentive for people knowing their tax is going toward sport or the arts. There could be greater interest there,’’ said Wylie.
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264