Friday, December 27, 2013

German Lotto Says No to SportLotterie

The German Lotto and Toto Block (DLTB) are strongly opposing the proposed creation of a new German national lottery operator, the Deutsche SportLotterie (German Sport Lottery), designed to provide funding for Olympic and Paralympic athletes.

The DLTB believe the creation of an organization like the SportLotterie would result in a reduction in revenue that could interfere with their ability to fund amateur and professional German sports. The DLTB also point out that the proposed SportLotterie will only provide financial assistance to professional athletes and events, and that this could result in many amateur players and venues being left without much-needed funding.