Lottery Franchise Out To Tender

The Press Association:

A European firm could be running Ireland’s national lottery licence from 2011. The Government is seeking bidders to operate the franchise which has been held by An Post for 20 years.

A competitive process, due to begin in early 2009, will allow firms to compete for the licence from across the European Economic Area (EEA). The EEA comprises the 27 EU member states as well as Norway, Iceland and Liechtenstein. An Post has held the licence since the National Lottery was established in 1987, and is expected to re-apply to retain the franchise.

In 2007, 3,623 retail agents throughout the country sold Lotto tickets and scratch cards worth 778.5 million euro. Last month, the largest jackpot in the history of the lottery, almost 19 million euro, was won by a Co Carlow syndicate. Last week the Cabinet agreed to extend the current lottery licence term for one year until the end of 2011 to allow time for the tender process to be completed.

Image from Stock.xchng.

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