PayPoint plc
PayPoint welcomes the provisional decision to reject Camelot's
 proposal to offer Ancillary Activities
PayPoint plc ("PayPoint") welcomes the National Lottery Commission's
announcement this morning of its provisional decision to reject Camelot's plan
to offer ancillary activities, including mobile top ups, bill payments and other
services, through its terminals.
Dominic Taylor, Chief Executive of PayPoint, said: "This is a victory for local
shops, including sub- post offices, whose earnings and footfall would be
undermined by this proposal. Today's decision should protect vulnerable people
from the increased temptation to gamble.
"It would be entirely wrong if Camelot were to be allowed to exploit its
monopoly position, and we are pleased that the National Lottery Commission has
accepted the compelling arguments that the proposal would have distorted
competition in the bill payments sector."
Contact:
Peter Brooker, PayPoint         01707 600300
Rollo Head/Don Hunter, Finsbury   020 7251 3801
[HUG#1432196]
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Source: Paypoint plc via Thomson Reuters ONE
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