International edition
September 26, 2020

The state to receive substantial payment from the licensee

Ireland agrees lottery licence legislation

(Ireland).- Legislation that will allow the sale of the Irish National Lottery licence for an extended 20-year period was passed by the Dáil Éireann. The National Lottery Bill was passed by 90 votes to 42 with Fianna Fáil, Sinn Féin and a number of Independent TDs opposing the sale of the license.

T

he legislation, which now goes to the Seanad, provides for the establishment of a lottery regulator independent of the Government, funded by an annual levy paid by the operator of the lottery. 

Under the proposed terms of the licence, the state will receive a 'substantial' upfront payment from the licensee while the Government has said it will still retain significant annual income for good causes.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook