Rolling news updates including links to the best journalism news and comment from around the web

Desmond's Health Lottery fails to reach funding target

Daily Express owner Richard Desmond’s Health Lottery has raised less than half its funding target one year after launch.

The alternative lottery has raised £24.5m for local health charities, rather than the projected £50m, according to The Independent.

Ticket sales, projected to have earned £250m by now, have earned £119m.

Desmond, who also owns Channel 5 and a number of other media outlets, launched the Health Lottery with a £50m investment last year.

Since then, the Health Lottery has been embroiled in a string of disputes with Camelot, owner of the National Lottery.

One of Camelot’s complaints has been that the Health Lottery, which runs a number of regional draws, has been promoted nationally by Desmond's media outlets.

MORE ON THIS STORY: 

Tags: 

Sign up for our free weekly digital magazine, Press Gazette Journalism Weekly, and daily newsletter
To contact Press Gazette with a story call 0207 936 6433
or email pged@pressgazette.co.uk
To advertise, please call 0207 936 6764.