Between 1987 and 2014, the National Lottery was operated by An Post National Lottery Company and subject to the National Lottery Act 1986.
The award of the Licence to operate the National Lottery followed a competition which took place between May and October 2013. On 3 October 2013, the Minister for Public Expenditure and Reform announced that Premier Lotteries Ireland had been selected as the preferred applicant as it had met the essential requirements provided for under the terms of the competition and had submitted the highest Licence Fee proposal, which was €405 million. Discussions on finalising the terms of the Licence then took place between the Department of Public Expenditure and Reform and Premier Lotteries Ireland and the Licence was signed in February 2014. Premier Lotteries Ireland took over the operation of the National Lottery on 30 November 2014.
Timeline for the award of the Licence to operate the National Lottery
- April 2012: Minister for Public Expenditure and Reform announces Government Decision to hold a competition for next National Lottery Licence involving an upfront payment to the State.
- July 2012: Heads of new National Lottery Bill are approved by Government.
- October 2012: Davy Corporate Finance are appointed as financial and commercial advisers to the Department, following a tendering process.
- December 2012: National Lottery Bill is published
- January to May 2013: National Lottery Bill passes through the Oireachtas and is signed into law by the President in May 2013.
- 8 May 2013: Minister announces that Expressions of Interest in the competitive process are being sought.
- 30 May 2013: Minister announces the launch of the full Competitive Process.
- 3 October 2013: Minister announces that Premier Lotteries Ireland has been selected.
- 27 February 2014: Minister grants Lottery Licence to Premier Lotteries Ireland.
- 30 November 2014: Premier Lotteries Ireland takes over operation of the National Lottery.