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
National Lottery (United Kingdom) 2012. This was a world record unclaimed prize. All investment income from unclaimed prizes also goes to good causes via the National Lottery Distribution Fund. The National Lottery is regulated by the Gambling Commission. Previous regulators were the Office of the National Lottery (known by the acronym OFLOT) until 1 April 1999, and the National Lottery Commission – a non-departmental public body reporting to the Department of Culture, Media and Sport – until 1 October 2013. The Lottery was set up in 1993 under the National Lottery etc. Act 1993 and was reformed under the National Lottery Act 1998 and