National Lottery regulator to meet with retail representatives

National Lottery operator Premier Lotteries Ireland holds the licence for 20 years
National Lottery operator Premier Lotteries Ireland holds the licence for 20 years

New National Lottery regulator, Liam Sloyan, can be contacted through the Department of Public Expenditure and Reform

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2 February 2015 | 0

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The regulator of the National Lottery Liam Sloyan has said he “propose[s] to meet shortly with retailers’ representatives where they may raise their concerns”.

In a statement issued to ShelfLife, Liam Sloyan said his office had not yet moved into permanent accommodation, but that he could be contacted through the Department of Public Expenditure and Reform.

“The objectives of the regulator of the National Lottery are set out in legislation,” he said. “To summarise, they involve procuring the holding of the National Lottery, ensuring that the Lottery is run with all due propriety, protecting the interests of participants in the lottery, safeguarding the long term sustainability of the lottery and, subject to these, maximising revenues allocated to good causes.

“Concerns of retailers are a matter for my office insofar as they impact on these statutory responsibilities.

“As I was appointed two months ago, I have not yet moved into permanent accommodation.  In the interim, I may be contacted through the Department of Public Expenditure and Reform,” he added.

The Minister for Public Expenditure and Reform, Brendan Howlin, announced last year that Liam Sloyan would take up his appointment on 17 November 2014, after taking part in an open recruitment process administered by the Public Appointments Service.  His position as regulator is provided for in the National Lottery Act, 2013

At the time of his appointment, Sloyan was the chief executive and registrar of the Health Insurance Authority where he played a leading role in the development of the regulatory infrastructure of the health insurance market.

Prior to joining the Health Insurance Authority he worked as an actuarial and compliance consultant in the life insurance industry.

Sloyan is a fellow of the Society of Actuaries in Ireland and holds a M.Sc. in Mathematics and Statistics from University College Dublin.

 

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