FDJ’s takeover means that this will be the first time in its history that the National Lottery will have no state ownership. When the company was privatized in 2014, the Ontario Teacher’s Pension Plan acquired 80% in a deal worth €405 million while state-owned An Post retained a 20% minor share.
French Gambling Company Buys Irish National Lottery Operator for €350 MillionFrench Gambling Company Buys Irish National Lottery Operator for €350 Million French Gambling Company Buys Irish National Lottery Operator for €350 Million“The Irish National Lottery is and will continue to be, owned by the Irish State for the benefit of Good Causes, regulated by the Regulator of the National Lottery and operated by Premier Lotteries Ireland DAC.”
In 2022, PLI recorded gross gaming revenue (GGR) of €399 million and revenue of €140 million. PLI was awarded a 20-year license to operate the National Lottery in 2014.
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.