An Post National Lottery Company is licensed to
operate the National Lottery by the Minister of Finance on the Ministers
behalf in accordance with the National Lottery Act 1986. The National
Lottery Company commenced operations in March 1987 with the purpose of
generating funds for the designated beneficiaries, while operating the National
lottery in accordance with the highest standards of integrity, credibility and
security.
TIMELINE for Sale of National Lottery
Licence
- April 2012: Minister Howlin announces Government
Decision to hold a competition for next National Lottery licence involving an
upfront payment to the State.
- July 2012: Heads of new National Lottery Bill are
approved by Government.
- October 2012: Davy Corporate Finance are appointed
as financial and commercial advisers to the Department, following a tendering
process.
- December 2012: National Lottery Bill is published
- January to May 2013: National Lottery Bill passes
through the Oireachtas and is signed into law by the President in May
2013.
- 8 May 2013: Minister announces that Expressions of
Interest in the competitive process are being sought.
- 30 May 2013: Minister announces the launch of the
full Competitive Process.
- 3 October 2013: Minister announces that Premier
Lotteries Ireland Limited has been selected as the Preferred Applicant 14
February: Lottery staff vote to accept Labour Court Recommendation
- 27 February 2014: Minister grants Lottery licence
to Premier Lotteries Ireland
Minister Howlin Grants
National Lottery Licence to Premier Lotteries
Ireland DUBLIN, Ireland (February 27, 2014) -- The Minister
for Public Expenditure and Reform, Mr Brendan Howlin TD, announced today that
he has granted the next licence to operate the National Lottery to Premier
Lotteries Ireland, a consortium comprising Ontario Teachers Pension Plan
(the owner of the Camelot Group), An Post and An Post pension
funds. Speaking today, Minister Howlin reflected, Almost two years
ago, I brought a proposal to Government that I strongly believed could yield
significant revenues. Today, I am pleased to say that I have delivered on that
proposal half of the 405 million achieved for the transaction will
now be paid. As I announced during Budget 2014, these monies are earmarked for
a number of job-rich projects including the Wild Atlantic Way, the 1916
Commemoration and the National Sports Campus. In nine months, the second
installment of 202.5million will be delivered, bringing the construction
of the New Childrens Hospital closer. The award of the licence
follows a competition which took place between May and October 2013. On 3
October 2013, Minister Howlin announced that Premier Lotteries Ireland had been
selected as the Preferred Applicant as it had met the essential requirements
provided for under the terms of the competition and had submitted the highest
Licence Fee proposal which was 405 million. Discussions on finalising the
terms of the licence then took place between the Department of Public
Expenditure and Reform and the Preferred Applicant. These discussions recently
concluded. Premier Lotteries are due to take over the operation of the National
Lottery within a year. Premier Lotteries Ireland draws on the extensive
experience of An Post, the parent company of the An Post Irish National Lottery
Company, operator of the Irish National Lottery since 1987 and Camelot Group,
operator of the UK National Lottery since 1994. At the signing of the
licence Minister Howlin said I am very pleased with the outcome of this
process. We have a new operator that brings together valuable domestic
experience together with international expertise. I believe Premier Lotteries
will grow the business in a responsible manner and I look forward to a greater
annual revenue stream for Good Causes. Under the next licence, the
ongoing annual contribution to Good Causes will be set at 65% of Gross Gaming
Revenues, which are defined as Sales minus Prizes. Current arrangements for
retailer commission will be maintained. Staff of the current operator of
the National Lottery, An Post National Lottery Company (APNLC), will transfer
to Premier Lotteries Ireland under their existing terms and conditions in
accordance with legal protections that arise in transfer situations. In
addition Minister Howlin stated, This process has run very smoothly. The
interests of the key stakeholders have been protected, in particular, the staff
of the lottery and the thousands of retailers. The ultimate stakeholders are
the people of Ireland and they will benefit from the proceeds of the upfront
payment and an increase in revenues for Good Causes that will benefit
worthwhile projects throughout the country for the next 20
years. SOURCE: Department of Public Expenditure & Reform.
Premier Lotteries Ireland Limited (PLI)
Lottery
News Archive for CY2014 |
December 13, 2014 |
National Lottery Considers
Raising Ticket Prices |
December 4, 2014 |
Premier Lotteries Ireland
becomes the New Operator of The National Lottery |
December 1, 2014 |
National Lottery switches
over to New-Look Operating System |
November 15, 2014 |
Global Lottery Game looks
to Create Billionaire |
May 30, 2014 |
National Lottery Creates 23
Millionaires |
February 21, 2014 |
Appointment to New Lottery
Firm |
February 14, 2014 |
National Lottery Sale Moves
Step Closer |
February 10, 2014 |
Unions to Vote Later This
Week on Proposed Transfer of Staff |
January 20, 2014 |
Powerball Jackpot Jumps,
Ultimate Tailgate Experience Deadline Nears |
January 20, 2014 |
Lucky to Win Lotto, Just
Unlucky to be Part of an Incredibly Unlikely Mathematical Event |
January 17, 2014 |
Incumbent Lottery Director
to be Retained by New Private Operator |

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