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Irish National Lottery raises concerns about growth of shady online operators

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Irish National Lottery raises concerns about growth of shady online operators
Photo Source: rte.ie
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The Irish National Lottery has expressed concerns about the rise in the number of “bet-on-lottery” services. These services allow players to bet on a draw without purchasing a ticket.

Indecon, an independent company, conducted a survey of its own and revealed that the revenues of National Lottery games have dropped by 13 per cent.

According to the National Lottery, about 28 cent out of every euro spent on it goes to community initiatives and projects, apart from the prize money that goes to winners.

The retailers also get income from the lottery revenue.

Chief Executive of the National Lottery, Dermot Griffin said: “I think it’s important for us to remind our consumers that when they’re spending on the National Lottery… there’s a knock-on positive consequence for the community.”

“I don’t think you can say that for some of the remote overseas operators.”

However, a couple of online lottery betting sites provided counter-argument to the suggestion that such services are undermining funding for good causes.

In a joint statement, Lottoland and MyLotto24 claim the report “was unable to quantify the size of the on-lottery betting market here, despite this fact having been formally established in a recent independent study.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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