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Camelot Says Lottery Ticket Sales Back Up23 November 2000UNITED KINGDOM – Nov. 23, 2000 – As reported by the Guardian Unlimited: "Camelot, which is battling to retain its National Lottery operating licence, yesterday announced that it had reversed a recent decline in ticket sales. "But the operator also signaled that its profits for the full year would be adversely affected following the introduction of a variety of lottery-based games and increased marketing costs. "The company said sales rose 4% to £2.35bn in the 24 weeks to September 16 and were on track to reach its £10.5bn target for so-called good causes. "…Sir George Russell, the chairman of Camelot, said in a statement that the increase in ticket sales was the result of the promotion of the core game and the development of alternative products, such as Thunderball. "…The group's results also revealed that sales of Instant scratch cards fell by 5.5% to £252m. "…Initial anxiety over the Camelot bid focused on the propriety of its main software supplier, US-based G-Tech, after attempts to cover up problems which left some winners short-changed…" |