Premier Lotteries Ireland becomes the new operator of The National Lottery
Ontario Teachers’ Pension Plan (OTPP), An Post and An Post pension funds, will operate the National Lottery for the next 20 years
9 December 2014 | 0
On 4 December Premier Lotteries Ireland (PLI) officially became the new operator of the National Lottery in Ireland following payment of the final instalment of the licence fee and a successful transition process. The company, whose shareholders are Ontario Teachers’ Pension Plan (OTPP), An Post and An Post pension funds, will operate the National Lottery for the next 20 years having won a competitive tender process with a bid of €405 million.
Minister for Public Expenditure and Reform, Brendan Howlin said he is delighted that following a great deal of detailed preparatory work by all involved, the operation of the National Lottery has successfully passed from An Post National Lottery Company to Premier Lotteries Ireland.
Dermot Griffin, chief executive, Premier Lotteries Ireland, said: “Premier Lotteries Ireland is extremely pleased to have successfully completed the transition. We have successfully commenced operations and look forward to further developing the National Lottery and its associated games. The awarding of the licence to PLI represents the next step in what has been an incredible journey for the National Lottery so far. PLI is committed to responsibly growing the National Lottery over the next 20 years and to guaranteeing the ongoing support for good causes across Ireland.”
Under the new Licence, PLI had until the 30 June 2015 to complete transition; however the ambitious transition programme began in March this year following the first payment of €202.5 million to the government. Camelot Global supported and assisted PLI to deliver the transition programme successfully and months ahead of schedule.
PLI has already invested in the development of the National Lottery through the roll out of state-of-the-art modern technology, including 4,000 new Photon terminals, which will facilitate the growth of sales through its extensive retail network, as well as providing increased options for customers to play online, on their mobiles and tablets. Over the coming years PLI intends to bring new innovations to the lottery and further enhance the player experience.
Funds from the €405 million licence fee have been allocated by the government to a number of important social projects including the Wild Atlantic Way, the National Sports Campus, 1916 Commemoration Projects and Limerick City of Culture 2014. This funding, along with the increasing revenues which the National Lottery will generate for good causes over the next 20 years, will benefit worthwhile projects in communities throughout Ireland.