Ireland Auctions Lottery License for Massive Sum

Published April 23, 2012

Ireland Auctions Lottery License for Massive Sum

The nation’s new 20-year lottery license is being auctioned in order to produce and secure a major lump sum.

The state of Ireland has released headlining information regarding the newly acquired national lottery license. According to the Minister for Public Expenditure and Reform, Brendan Howlin, the lottery license is being sold to the highest international bidder in the vicinity of €400-€600 million. The funds obtained will be applied towards goods and services that will bring mass benefit to the Irish community including the construction of the National Children’s Hospital.

How will this sell affect online lottery sales?

Minister Howlin explains that due to the reason that global lotteries are becoming more online-oriented, the 20-year license will require modernized regulation. In order to safeguard the sale of online lotteries, Howlin explains that future legislation for the extent of the license will be configured.

Although the recession has caused online lottery sales in Ireland to decrease, Minister Howlin is strongly encouraging that the 20-year license sell will increase sells and funds for community services and development.

Which sites offer the greatest returns?

At this juncture, there are several online lottery sites that offer major paybacks and promotions, that are within online compliance, and that contribute towards community services. Check out these top three internationally acclaimed sites that offer extreme bonuses of 100% match on any first-time deposit!

  1. Play Huge Lottos
  2. Play UK Lottery
  3. Play Euro Millions

Just remember that any time you play the lotto at any of the above sites, you are not only creating a chance to win big but you are contributing towards great community causes!

Mentioned in this article

See also

Ireland Online Casinos and Gambling

Online Poker Operator to Create 100 Ireland Jobs

Why Everyone Should Visit Beautiful Ireland

Ireland Believes in Gambling

Ireland Considers Online Gambling Reforms


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