Andrew Algeo About The Prospects, Difficulties And Social Role Of The National Lottery Of Ireland

Despite the pandemic, sales of the national lottery of ireland last year rose a little less than 4% – before €918.9 million, while a record number of prizes in the amount was prayed for a 12-month period €529 million. Other lottery news can be obtained from our correspondent reviews.

The company’s operating profit for the year amounted to €fourteen.6 million, which is almost two-thirds more than fixed in 2019 €8.9 million. In general, the cost of prizes incrased by 6% compared with the previous year, and €253.6 million was distributed to charity.

The chief executive officer of the company andrew algeo declares that 85% of the business falls on ground points and the rest – on the online platform. «Digital business has grown during the year, reflecting the choice made by customers: stay at home and play the national lottery online. The number of clients using digital company platforms increased in all age groups, although the highest growth was observed in the age group 50+», – said ceo companies.

Franchise, managed by the canadian operator premier lotteries ireland, has taken the leadership of the national lottery in 2014, collected more than €1.35 billion for charity: from each received euro about 28.1% goes on good goals, 57.6% is returned to customers in the form of prizes and 6% is spent on commission.

According to the company’s estimates, about 12% of adults of the republic make rates on the national lottery in bookmakers – this is about €600 million. Andrew algeo is concerned about this situation, because the charity bookmakers of deductions almost do not – the sports betting industry in ireland is practically not regulated. In addition, the player does not receive the necessary legal protection.

About 1.3 million people regularly play a lottery in ireland. It is expected that this figure will grow by the end of the year.

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