gambling

Irish National Lottery Tenders for 20-year License

QLot and Davy Corporate Finance act as advisers to Irish National Lottery tender.

Irish gambling laws - GamingZion

The Irish Government announced that is putting out a tender for National Lottery license services. The Irish gambling law agencies will be assisted by Stockholm-based lottery industry consultants QLot.

According to a statement to the Irish gambling news, QLot was appointed as co-advisors together with the financial and commercial consulting firm Davy Corporate Finance. Davy already serves as an adviser to Brendan Howlin, the Minister for Expenditure and Public Reform in Ireland.

The current license is by An Post National Lottery Company, and expires in June 2013. The stakes are high, as the winner will acquire a 20-year license to operate the Irish National Lottery (Irish: An Crannchur Náisiúnta) in land-based, televised and online betting forms

The tender is scheduled to place during the early. Minister Howlin is said to be intent on changing the pre-internet gambling regulations that currently control the Irish National lottery.

Chris Moumouris , vice president of business development at QLot Consulting informed: “We are proud to be selected by the Irish Government for this high profile project in one of Europe’s prime lottery markets.”

Moumouris added: “Together with Davy, we are in an ideal position to provide the Irish Government with the necessary support in all areas that such an advanced project as a 20 year license entails. We look forward to help Ireland achieve a successful, entertaining and profitable lottery for the next two decades, maximizing value for all stakeholders.”

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