National Lottery (Ireland) to receive lottery funding. On 3 October 2013, Minister Howlin announced that the government had agreed to sell the National Lottery licence for €405 million to Premier Lotteries Ireland, a consortium comprising An Post, An Post pension funds, and the Ontario Teachers' Pension Plan (owner of the Camelot Group, operators of the UK National Lottery). Dermot Griffin, head of the An Post National Lottery Company since 2006, was appointed chief executive of Premier Lotteries Ireland. Other existing senior management were also retained. Executives from the Camelot Group, the Ontario Teachers’ Pension Plan, and An Post were appointed to the board
An Post Prize Bond Company Limited. An Post held the licence granted by the Minister for Finance to run the National Lottery through its subsidiary, An Post National Lottery Company until February 2014. All employees of An Post National Lottery Company were seconded from An Post, and as such were employed and paid by An Post rather than by the subsidiary. Since 2014, the National Lottery has been operated by Premier Lotteries Ireland, in which An Post is a stakeholder. In 2003, An Post set up a new division to run its post office and transaction services business, entitled An Post Transaction