Svenska Spel Reports Positive Financial Results for Q1 2020

Home » Svenska Spel Reports Positive Financial Results for Q1 2020
Reading Time: 2 minutes


The UK’s National Lottery has announced a support package worth £600m (€689.2m/$749.3m) for the charities and organisations which are impacted by the Covid-19 crisis.

The funding will be for the initiatives focused on combatting loneliness and isolation, providing care for the elderly and offering support for physical and mental health in the community. The Funding will also be provided for organisations and projects across the arts, community and charity, heritage, education, environment and sporting sectors.

The new funding initiative will include up to £300m from the National Lottery Community Fund being distributed to groups best placed to support people and communities over the next six months.

A £50 million Emergency Fund from The National Lottery Heritage Fund will be used to address pressure in the heritage sector over the next four months and provide increased investment in essential digital skills. The Arts Council in England will also issue £144m to impacted organisations in the cultural sector.

More about:  iSoftBet expands reach with Tipobet365 partnership

Together with the Welsh Government, the Arts Council of Wales has been able to put £5.1m from National Lottery sources into a £7m Arts Resilience Fund for Wales.

Creative Scotland has repurposed over £10m in National Lottery funds for the arts, screen and creative industries, while the Arts Council of Northern Ireland also opened a £500,000 National Lottery-funded Artists’ Emergency Programme for freelance artists, creative practitioners and performers.

Sport England will use £157m of National Lottery funding to support the sport and physical activity sector. Sport Wales has also announced a Sport Resilience Fund worth £4.8m, while Sports Scotland will accelerate £16.4m of investment to support Scottish governing bodies, local partners and clubs and community organisations.

The British Film Institute has made £4.6m of National Lottery funding available to relieve pressure for organisations and individuals in the screen industries hardest hit by the pandemic.

More about:  BETER welcomes Gal Ehrlich, former CTPO of FEG, as a new CEO

“The National Lottery has always supported projects that help people and communities across the UK thrive. The funds available are switching focus to support communities, arts, heritage, sport, education and the environment to mitigate the unprecedented pressure they are coming under as the country rallies to overcome Covid-19,” Dawn Austwick, chair of National Lottery Forum, said.

Leave a Reply

Your email address will not be published. Required fields are marked *

Gambling News from is made for the most passionate fans of online casinos and internet gambling. We cover everything: from popular gambling world events and trends to new casino slot game releases and reviews, you will find the latest news stories.