Restructuring costs contribute to €7.7m National Lottery loss

Amount paid out in prize money last year declined by €6.1m, new accounts show

In their report, the directors said 'actual prizes won in any year are a function of many variables, including sale levels, sales mix, prize structures and the roll sequence pattern of draws'. Picture: Denis Minihane

Restructuring costs of €3.2m contributed to the operator of the National Lottery last year recording an operating loss of €7.7m.

New accounts by Premier Lotteries Ireland DAC show revenues from ticket sales slumped by €54.7m, or 6%, from €884.1m to €829.4m.