Oireachtas Joint and Select Committees

Thursday, 27 February 2014

Public Accounts Committee

Payments to Section 39 Companies: Discussion

1:00 pm

Mr. John McGuire:

One must look at it in its totality. There are two products that qualify for the charitable lotteries compensation fund: radio bingo and scratch cards. It is a little artificial to separate the two because we are relying on the same system to sell them both. They are sold in the same type of shop and the same overhead looks after both products. To answer the Deputy's question, as a result of the fact that we are the dominant player in the market we have been receiving a percentage in the high 60s of the total fund in any one year. As the representatives from the Department of Justice and Equality have explained, the fund has varied from year to year. The maximum value was €8.6 million. It was down to €4 million last year and is due to fall to €2 million this year. Of that amount and between the two qualifying turnovers that we have, we receive approximately 68% of the total.

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