Ontario Teachers’ Pension Plan Gambles on Irish National Lottery
Posted on 03/10/2014
Ontario Teachers’ Pension Plan (OTPP) made further inroads into the international lottery sector after finalizing a licensing agreement to operate the Irish National Lottery. The Toronto-based pension fund announced February 27 it paid the Irish government €405 million (US$ 554 million) to have OTPP-led consortium Premier Lotteries Ireland Ltd (PLI) manage the lottery for 20 […]
