A report by leading economic analyst Jim Power, published earlier today, has highlighted a decline of €43 million or 16% in good causes funding from the National Lottery in the last decade (€268m in 2008 to €225m in 2017).

The report entitled ‘An assessment of the Online Gambling Market in Ireland and its impact on good causes funding by the National Lottery’, commissioned by the Irish-licensed operators Lottoland and myLotto24, also found no evidence that lottery betting, either online or via retail betting shops, is undermining good causes funding currently or threatens it long term. In the Irish market, there are currently six lottery betting providers holding Remote Bookmakers licenses including European Lotto Betting Association (eLBA) members myLotto24, Lottoland and MultiLotto.

The report, which provides an overview analysis of the entire Irish gambling market, assesses global economic opportunities, and explores means to protect the good causes funding associated with the National Lottery, was commissioned by the European Lotto Betting Association (eLBA) members Lottoland and myLotto24.

The report can be found HERE.