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House prize

18 November 2008 / Richard Curtis
Issue: 4185 / Categories: Forum & Feedback
from RICHARD CURTIS, Taxation

Further to the Readers' Forum query Win a house and replies, I note that the BBC has reported that a prize draw for a £1 million estate in Devon has been halted by the Gambling Commission.

The BBC reports that the commission could not comment on individual cases, but quotes deputy chief-executive, Tom Kavanagh, as saying that 'lotteries are the preserve of good causes and cannot be operated for private gain.

'Prize competitions are free of statutory control under the Gambling Act and can be run for profit. But homeowners considering such schemes as an alternative to selling their house risk committing a criminal offence if they cross the boundary and stray into offering an illegal lottery.'

Issue: 4185 / Categories: Forum & Feedback
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