Oireachtas Joint and Select Committees

Thursday, 24 November 2022

Public Accounts Committee

Financial Statements 2021: National Lottery Fund

9:30 am

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

Essentially, Ms Boate has said that by privatising the national lottery, we have created a cash cow. These guys have free rein. As long as they actually stay within the middle of the ditches, they can go on whatever street they want. The regulator has just said an operator can spend as much, essentially, as it wants on anything regarding administration, loan costs or whatever the case may be.

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