PayPoint welcomes the NLC's decision

PayPoint welcomes the NLC's decision

ID: 52048

(Thomson Reuters ONE) -







2 March 2011

PayPoint plc


PayPoint welcomes the National Lottery Commission's decision to reject Camelot's
 proposal to offer Ancillary Activities


PayPoint plc ("PayPoint") welcomes the National Lottery Commission's
announcement this morning of its decision to reject Camelot's plan to offer
ancillary activities, including mobile top-ups, bill payments and other
services, through its National Lottery terminals.

Dominic Taylor, Chief Executive of PayPoint, said: "This will come as a huge
relief for the many good causes whose revenues would have been threatened by the
massive diversion of management time, energy and resources which Camelot's
proposed diversification would have caused.  It's also good news for local shops
whose earnings and footfall would have been undermined by this proposal.

"It would be entirely wrong for Camelot to be allowed to exploit its position as
Lottery monopolist and spread its resources to offer unrelated commercial
services.  We are pleased that the National Lottery Commission has accepted the
compelling arguments that the proposal was undesirable and contrary to the
public interest."


Contact:

Peter Brooker, PayPoint 01707 600300

Rollo Head/Don Hunter, Finsbury 020 7251 3801







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(i) the releases contained herein are protected by copyright and
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originality of the information contained therein.

Source: Paypoint plc via Thomson Reuters ONE

[HUG#1493690]






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Bereitgestellt von Benutzer: hugin
Datum: 02.03.2011 - 08:03 Uhr
Sprache: Deutsch
News-ID 52048
Anzahl Zeichen: 2091

contact information:
Town:

Welwyn Garden City, Hertfordshire



Kategorie:

Business News



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