Competing in a highly regulated environment

Most UK citizens are familiar with the National Lottery and its potential for making millionaires of people who manage to select the ‘winning’ 6 numbers out of the 49 available, at odds of around 14 million to 1. Of course, many people win the smaller prizes; each week there are usually more than 1 million winners from among the 29 million participants. The National Lottery was launched on 14 November 1994, with the first live draw five days later. Under the Act of Parliament that…