A blog on issues affecting Australia's newsagents, media and small business generally.

Spain’s lottery retailers strike for better margin

Spain’s lottery retailers went on strike last week as part of their campaign to list their commission from 4%. See the story from The Guardian.

The vendors, who had shut up shop for the day, say they deserve more than the 4% of the ticket price they currently get, arguing that 80 cents on a €20 ticket is not enough. They point out that their commission rate has been frozen for the past 17 years despite huge rises in living costs – not least Spain’s skyrocketing electricity prices.

“Prices go up, taxes go up and the commissions remain the same,” Natalia de la Fuente, the daughter of a lottery seller, told Reuters. “We have to pay our bills … This is impossible.”

4%. Sheesh, it makes the arrangements in Australia look good. But, from what I have seen of lottery outlets in Spain compared to Australia, the compliance cost there for retailers is much lower.

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