National Lottery in Podcasts
nonprofitThe National Lottery is a government-authorized organization that runs lottery games in Ireland.
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But it is being undermined at the moment by the phenomenon of lottery betting.
Yeah, so the National Lottery has been around for 40 years.
Cian Murphy is CEO of the National Lottery and he joins me now.
A report commissioned by the operator of the National Lottery says that more than 800 million euro was bet with the bookies on the lottery draws.
Now, the National Lottery would like the government to effectively ban bookmakers from accepting bets on its draws.
The National Lottery says they're losing out on £289 million in sales because of this and therefore losing out, being able to contribute an extra £81 million to charitable causes because of the secondary market.
So apparently the amount of money that is spent through retailers every year on the lottery, so that would be your supermarket or your newsagent, is something like 700 million.
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