Two bids for state lottery

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Two bids for state lottery
Oluşturulma Tarihi: Nisan 17, 2009 00:00

ANKARA - OPAP, Europe's biggest betting firm, and Turkcell, Turkey's largest mobile-phone operator, submitted official bids with their partners on Wednesday in a tender for Turkey's national lottery.

The tender, held by the Privatization Administration, or ÖİB, is for a 10-year license to operate Milli Piyango. It was not immediately clear when the results would be announced.

Greece's OPAP is part of a consortium with Turkish companies Doğuş, which owns Garanti Bank ; FIBA Group, which has interests in finance; and Istanbul-based builder Alarko Holding. Turkcell leads a consortium called Sans Oyun Yatırım Holding that includes strategic partner Tepe Inşaat. Greece's Interalot and Austrian Lotteries did not bid despite meeting preliminary criteria.

Doğan Holding, which owns Turkey's largest media company, and its Italian partner Lottomatica pulled out of the tender last week. Turkey registered privatization deals of more than $6 billion last year. The winner of the Turkish tender will receive 17 percent of Milli Piyango's revenue.
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