NEWS RELEASE: RGDATA WELCOMES GOVERNMENT COMMITMENT TO RETAIN RETAIL MARGIN AS "KEY ELEMENT" IN NATIONAL LOTTERY LICENCE COMPETITION
RGDATA today welcomed the announcement by Minister for Public Expenditure and Reform, Mr Brendan Howlin TD, that bidders for the National Lottery Licence must maintain the current retail agent's margin.
"This is welcome news for hard pressed retailers who are struggling to keep their shops viable and keep their staff in jobs. The Minister has listened to our concerns and we are relieved to see that the maintenance of the current modest retail agent's margin is on of the key elements that those applying for the 20 year National Lottery Licence," said RGDATA Director General Tara Buckley.
"Independent retailers are also pleased to see that Minister Howlin has also ensured that the ongoing contribution for good causes will be set at 65% of Gross Gaming Revenues. Our members are Community Retailers and they understand how important these funds are for communities throughout the country," said Buckley.
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