Ireland's lottery firm to be sold to French operator in €350m deal

Premier Lotteries Ireland said nothing will change regarding how the lottery itself raises funding, as it will remain in Irish State ownership.

The company that operates Ireland’s national lottery is to be sold to the operator of France’s own lottery in a deal worth €350m.

The full share capital of Premier Lotteries Ireland (PLI), currently majority owned by the Ontario Teachers’ Pension Plan with minority stakes held by An Post, is to be sold to La Francaise des Jeux, pending approval by the lottery regulator.