Oireachtas Joint and Select Committees

Wednesday, 27 March 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

National Lottery Bill 2012: Committee Stage

4:55 pm

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour) | Oireachtas source

It will be the Minister, the regulator and the operator. The objective is to maximise the yield in a consistent manner. We could design a structure that would have a bigger flow of income but we need to have checks and balances, and that is why we have structured the system as we have. It is a fact that if fewer people play over time, because of economic necessity or more attractive foreign lotteries, it will reduce the volume of money available, not only for prizes but also for good causes. We wanted to design the system such that it would be a robust player in the international market and so that Irish people would want to play the Irish lotto.

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