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
Brendan Howlin (Wexford, Labour)
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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.