Ireland announces National Lottery tender
According to a report from The Wall Street Journal newspaper, last year saw the current National Lottery licence holder, An Post National Lottery Company, pay a tax of 30.5 percent of all tickets sales to the government, which equated to 260 million euros, while Budget Minister Brendan Howlin revealed that the winner of the new tender will be expected to continue this arrangement.
An Post won the right to operate the National Lottery for a ten-year period in December of 2001 following a formal tender and pays an upfront annual management fee of 2.8 million euros. November saw the Irish government extend this term until July of 2013 in order to allow time to put in place the competitive process for the new licence.
“The government needs to be innovative and creative where opportunities arise to generate additional resources for the state,” said Howlin. “In addition, I am locking-in a sizeable future revenue stream as part of any deal. The ongoing money towards good causes will be retained at current percentage levels. This will be a good deal for the state and the taxpayer. Where the state identifies options to generate additional revenues that don’t impact on taxpayers we need to pursue them.”
The funds will be used to aid the construction of a new National Children’s Hospital.
EGT Digital partners with Optimove to deliver real-time CRM in iGaming
N1 Partners unveils new Goldex Casino brand, targeting tier-1 markets with over 5,000 games
CT interactive launches Hell's Hot 7's, a classic fruit slot with modern aesthetics
N1 Partners unveils new Goldex Casino brand, targeting tier-1 markets with over 5,000 games
Onlyplay releases Fire Crown slot with high-volatility bonus mechanic
GLI returns as sponsor of the Gala Dinner for Regulating The Game 2026 in Sydney
Eventus International announces launch of Mexico Gaming Summit in 2026
