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21/02/2012
Lottery Operator Could Receive €50m
The next operator of the National Lottery could be offered €50 million to run the business.
Under Minister for Public Expenditure Brendan Howlin plans for the sale of the licence the new operator could run the lottery for between 20 and 30 years.
The Minister will bring the proposals to Cabinet early next month.
An Post currently holds a seven-year licence to operate the State’s lottery. They receive an annual management fee of just under €3 million.
(GK)
Under Minister for Public Expenditure Brendan Howlin plans for the sale of the licence the new operator could run the lottery for between 20 and 30 years.
The Minister will bring the proposals to Cabinet early next month.
An Post currently holds a seven-year licence to operate the State’s lottery. They receive an annual management fee of just under €3 million.
(GK)
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04 October 2013
Preferred Bidder Selected For National Lottery Licence
A preferred bidder has been selected in the sale of the next National Lottery licence. Premier Lotteries Ireland made a bid of €405 million for the 20 year licence, which will begin next October. The consortium is made up of the Ontario Teachers' Pension Plan, which owns the Camelot Group, An Post and An Post pension funds.
Preferred Bidder Selected For National Lottery Licence
A preferred bidder has been selected in the sale of the next National Lottery licence. Premier Lotteries Ireland made a bid of €405 million for the 20 year licence, which will begin next October. The consortium is made up of the Ontario Teachers' Pension Plan, which owns the Camelot Group, An Post and An Post pension funds.
04 April 2012
Agreed Approach For Next National Lottery Licence Announced
Mr Brendan Howlin TD, Minister for Public Expenditure and Reform today announced the Government has agreed in principle to the arrangements that will apply in relation to the next National Lottery Licence.
Agreed Approach For Next National Lottery Licence Announced
Mr Brendan Howlin TD, Minister for Public Expenditure and Reform today announced the Government has agreed in principle to the arrangements that will apply in relation to the next National Lottery Licence.
04 October 2013
Lottery Licence Sale To Fund Children's Hospital
Almost half of the money from the sale of the National Lottery licence will be used to fund the construction of the National Children's Hospital, Minister for Public Expenditure and Reform has said.
Lottery Licence Sale To Fund Children's Hospital
Almost half of the money from the sale of the National Lottery licence will be used to fund the construction of the National Children's Hospital, Minister for Public Expenditure and Reform has said.
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