Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of National Lottery: Discussion
2:15 pm
Mr. Dermot Griffin:
The model is sales less prizes gives the gross gain of revenue. Two thirds of that goes to good causes and one third to the operator. Is this leveraged against other businesses? This is an Irish incorporated company and is a stand-alone business. It has shareholders such as An Post, An Post’s pension fund and Ontario Teachers' Pension Plan.
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