A Conversation for Miscellaneous Chat
Who are Camelot ???
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. Started conversation Jul 27, 2011
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 it.
Nothing was heard about Camelot loosing £millions ? so their bank/s can't have had financial difficulties ?
My thanks for any answers given
Who are Camelot ???
Reddy Freddy Posted Jul 27, 2011
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
RF
Who are Camelot ???
Beatrice Posted Jul 27, 2011
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 ???
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. Posted Jul 27, 2011
Key: Complain about this post
Who are Camelot ???
- 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. (Jul 27, 2011)
- 2: Reddy Freddy (Jul 27, 2011)
- 3: Beatrice (Jul 27, 2011)
- 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. (Jul 27, 2011)
- 5: RadoxTheGreen - Retired (Jul 28, 2011)
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