A Conversation for Miscellaneous Chat

Who are Camelot ???

Post 1

Prof Animal Chaos.C.E.O..err! C.E.Idiot of H2G2 Fools Guild (Official).... A recipient of S.F.L and S.S.J.A.D.D...plus...S.N.A.F.U.

Questions of curiosity ? as I do not know the answers ?
(hoping this don't break the house rules)

who are Camelot ? (who run the British national and Euro lotteries)
who are the directors ?
what are their wages ?
who are they accountable to ?
who are the share holders ?
and where do they bank ?
who gets all the interest on £millions made ?
as when the worlds financial institutions went and ruined many economies and Joe Public around the world now has to pay for itsmiley - grr.
Nothing was heard about Camelot loosing £millions ? so their bank/s can't have had financial difficulties ?

My thanks for any answers givensmiley - cheers


Who are Camelot ???

Post 2

Reddy Freddy

They are a consortium currently made up of Thales electronics, Royal Mail, De La Rue , Cadbury Schweppes and Fujitsu, although the membership of the consortium has changed over the years - Cadbury and De La Rue are the only companies that have been in it since the beginning.

You can find out more about them here: http://www.camelotgroup.co.uk/stakeholderreport2010/assets/d/CSR2010FulReport.pdf

RFsmiley - evilgrin


Who are Camelot ???

Post 3

Beatrice

Well, most of the money that they get coming in goes out again in prizes or contributions to good causes. So they don't actually have a lot (relatively speaking) sitting in a bank account.

From a quick look at their accounts, they have about £60m on deposit, and their last accounts give a note detailing the credit ratings of the banks used (all very sound, no Icelandic banks etc). Their interest income is certainly lower in 2010 than it was in 2009 - down from £5.7m to 0.3m.

But they brought in a stonking £5,452m last year from ticket sales(and that was up from £5,149m the year before), so those cash at bank and interest figures aren't a big factor.


Who are Camelot ???

Post 4

Prof Animal Chaos.C.E.O..err! C.E.Idiot of H2G2 Fools Guild (Official).... A recipient of S.F.L and S.S.J.A.D.D...plus...S.N.A.F.U.

smiley - smileythanks to both of yousmiley - cheers


Who are Camelot ???

Post 5

RadoxTheGreen - Retired

They're only a model. smiley - run

(Well, someone had to say it)


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