Influence of the amendment of the Lotteries Act on financing sport
Influence of the amendment of the Lotteries Act on financing sport

Summary/Abstract: Contents of this contribution are analysis of changes in financing sport caused by the amendment of the Lottery Act and comparison of condition of sport funding before and after the amendment had enter into force. The literature review was used for comparison of the amendments of the Lotteries Act. Act No. 458/2011 Coll. on changes to acts relating to the establishment of a single collection point has among others amended also Act No. 202/1990 Coll. on lotteries and other similar games, as amended in the name of the effort for better regulation of gambling. Lottery companies were exempt from corporate income tax (profit tax) and they are liable to donate part of their income to public interest purposes. The amounts paid by the lottery companies to public interest purposes varied depending on amount of income, ranging from 6 % to 20 %. The Amendment unified the lottery companies’ donation to public interest purposes at 20% for all operators without distinction. Unification appears to be a tool for ensuring the same conditions for all lottery operators.

• Details
• Contents