RGDATA is urging Senators to progress the Bill drafted by Senator Barry Ward to stop licensed bookmakers taking bets on National Lottery Draws. Up to €140m is lost each year to the National Lottery through bets on draws placed through bookies. This involves a loss of €40m to Good Causes and a loss of €112m in sales through retail agents. This equates to an average annual loss of €20,000 in lottery sales for each retail agent with a direct loss of over €1,200 in retail commissions.
“RGDATA is asking the Seanad to initiate proceedings to get this Bill drafted into law and ban this practice. As it stands the average loss to a retail agent is €20,000 in sales and missing out on €1,200 sales commission every year. What is even more annoying is the loss of €40 million for Good Causes,” says RGDATA Director General, Tara Buckley.