It is looking like national lottery might be what Australia turns to, to provide Olympic funding. Australia is also looking into using national lottery to make its already existing sports systems more efficient. This is all coming way because of the result of Australia returning home for the Rio Olympics with their smallest haul of Olympic medals since 1992.
Key Takeaways:
- Australia may look to a national lottery to provide extra Olympic funding and make its existing sports system more efficient in the wake of below-par results at the Rio Games.
- Australia returned with their smallest haul of Olympic medals since Barcelona in 1992, a result which has sparked recriminations among the country’s sports officials.
- The proposed lottery would be similar to the one which has helped Britain emerge as an Olympic sporting superpower, finishing second on the Rio medals table.
“Coates and the AOC were initially supportive but now argue there must be a greater spread of funding for all Olympic sports, and not just for a select few.”
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