There is considerable disquiet among NSW newsagents about the apparent decision by NSW Lotteries, wholly owned by the Sate Government, to put some lottery products into the 7-eleven convenience stores. This move is certain to impact newsagent revenue and viability. For a Government which claims concern for small business, the Iemma Government in NSW appears to be quiet on this issue. Maybe it is money talking, who knows?
Newsagents have served in the lottery space for decades, providing convenient locations at a minimum cost to the government. now that they have well established the brand and built the traffic, the ever opportunistic US based 7-eleven corporate wants to shift profits from lottery retail offshore. Yes, My Iemma, that’s smart small business policy.