Lottery postman Pat Broderick from Kinsale celebrating his lotto win of over €7 million  in 2011. Under the new licensing arrangements, the lottery business is expected to make the next operator between €18 million – €20 million a year after prize payouts, good causes and costs

The awarding of the State’s lottery licence to An Post and UK operator Camelot marks the end of a two-year process to effectively privatise the 26-yea(...)

Under planned operating terms, the licensee will have greater flexibility to operate online. Currently the business
lottery
 makes 
justless than
under 3 per cent of its revenue from online sales, substantially less than operators in other jurisdictions.

An Post and UK operator, Camelot, have won the licence to run the National Lottery under a new 20-year contract that will allow for a greater shift(...)

If the leading bids for the lottery licence fall within 2.5 per cent of each other, a second round of bidding will automatically be triggered.

With the competition for the State’s lottery licence entering its final phase, those vying for the prize will be hoping the Government will not decide(...)

The Irish lottery, which commands the fifth highest lottery sales in Europe on a per capita basis, is viewed as a lucrative addition.

While Gtech may have been out-flanked by Camelot in wooing An Post, it still ranks as the largest lottery and gaming house in the world, boasting an a(...)

Minister for Public Expenditure and Reform Brendan Howlin has been clever, to link the sale of the lotto to the building of the children’s hospital, presenting it as an acceptable sacrifice at a time of fiscal constraint. Photograph: Dara Mac Dónaill

The Government’s decision to front-load lottery-generated money to the State by selling off an extended licence to a private operator was always going(...)

Susan Barry and Jan Quinn of the MACE store in Beaumont  that sold the €94 million lotto ticket in July. The lottery licence is currently up for tender

  The sale of the State’s lottery licence is unlikely to net the exchequer anything like the €400-€500 million originally forecast, acc(...)

The closing date for the initial phase of procurement is September 17th, just one day after the provisional deadline for applications for the National Lottery licence itself.

An Post’s National Lottery raised a few eyebrows this week by inviting tenders for its PR business smack bang in the middle of the Government’s high-p(...)

Minister for Public Expenditure Brendan Howlin  said the next lottery licence holder would be obliged to incorporate as a company in this jurisdiction and, for the first time, to pay corporation tax. Photo: istock

The State’s next lottery operator will be required to base its operation in Ireland for corporation tax purposes, Minister for Public Expenditure Bren(...)

Minister for Public Expenditure and Reform Brendan Howlin: move would represent   a change to his stated position of keeping the good cause fund at 30.5 per cent of total annual turnover

Good causes could receive less from the National Lottery in the future due to planned changes to the rules governing the schem(...)

Declan Harkin of Gtech: the Italian-owned company, which employs 70 staff at its Dublin office, already supplies An Post with the network of ticket terminals in shops

Gtech, the world’s largest lottery and gaming business, has confirmed it will bid for the State’s next lottery licence. (...)