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ONCE ONCE makes the first retirement of his history with 720 vendors

The time of deep crisis from falling sales of the coupon has not stopped ONCE to carry out the first massive early retirement and its history. The move means the loss of 720 sales (3.2% of total) will be replaced gradually. Ester

Uriol - Madrid - 14/03/2005

Those who have retired are people who have already completed their contribution to the ONCE because this work, and more for a disabled person, is a high attrition ', explain sources English National Blind Organization. With this argument, the institution has conducted the first mass retirement of its history under a Royal Decree in December 2003 permitting the withdrawal of the labor market early and voluntary workers with severe disabilities who have contributed more than 15 years.

affects some 720 vendors, representing 3.2% of the total. In early 2004, ONCE had 22,920 dealers and end of the year, with 22,200.

Although the organization says that this initiative will have little impact on the sales of the coupon and that these vendors will be replaced gradually throughout 2005, the fact is that ONCE is one of the most critical moments of history. Revenues for the coupon maintain a worrying decline for four years and the new combo, the game that launched last year to offset the decline in its traditional product, do not come close to forecasts. 'A game always takes time to know you', pointing in the ONCE.

The rise of active games (those in which the customer takes the initiative) against liabilities (the coupon) as well as the progressive slippage that has occurred to the former have an impact on the income statement of the ONCE .

Combo has been affected by 'harmful external agents, "according to sources within the organization. Ie illegal raffles and strong rise of the Euromillions, the Europe-wide lottery is already sold in nine countries and last year earned 556 million euros, 40% in Spain. The appeal of this game are the highest awards offered. Also coincides, the Combo has been caught in a kind of sandwich, as it takes place on Saturday, just a day after the EuroMillions and one day before the Gordo de la Primitiva. Budget


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This situation is exacerbated by the lack of access to new games that ONCE had agreed with the government, especially the instant lottery or Scratch. The organization had set for this year budget (approved by the Executive through the Council of the Protectorate) of EUR 2.701 million from gaming revenue.

Of this amount, 2.251 million were from the coupon, 265 million, the Combo, and 185 of the instant lottery.

The budget is now in the air, since the sale of the Combo is below expectations, as the coupon, and 185 million from Scratch, you may come to nothing.

brake Finance and the flight of the grant

ONCE traditionally maintains good relations with the Ministry of Labour, as their commitments to job creation and social action are meeting their objectives. The shock comes with the Treasury (to whom the game) that does not give the green light to new products ONCE (Snapshot), or leave your organization to participate in its network in the Euromillions.

ONCE Those responsible for the delay complain that the government makes these commitments because, in an agreement signed in February last year, provided for the implementation of any of the above two mechanisms as a way to fulfill their budgets 'and cope with rising social costs', say sources within the organization.

The third way that suggests the deal is that, if not sufficient the above formulas, the state will provide the ONCE difference between the proceeds and budget. This is an option that rejects the body: 'we live by our work and flee from the grant. "