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National Lottery Licence Sale

Dáil Éireann Debate, Tuesday - 16 December 2014

Tuesday, 16 December 2014

Questions (260)

Sean Fleming

Question:

260. Deputy Sean Fleming asked the Minister for Public Expenditure and Reform the payments that have been made to date by Premier Lotteries Ireland in respect of the national lottery licence; the schedule of payments due to be made; and if he will make a statement on the matter. [48434/14]

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Written answers

The licence to operate the National Lottery was granted to Premier Lotteries Ireland (PLI), a consortium comprising Ontario Teachers' Pension Plan (the owner of the Camelot Group), An Post and An Post pension funds in February of this year.  Half of the €405 million due from PLI in respect of the licence was received in the Exchequer at that time and the remaining half was received towards the end of November. 

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