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Two Companies Pull Out Of Turkish Lottery Bid
According to a Turkish Press report the bidding for the Turkish lottery privatisation contract is now less competitive following the withdrawal of local group Dogan Holding and its Italian partner Lottomatica. Both companies had already met the government's preliminary requirements for bidders.
Dogan advised the stock exchange that it's withdrawal was due to adverse market conditions, but little more is known beyond that.
In a separate statement, Lottomatica, one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry, announced that it has exited the Turkish process and that it had terminated the memorandum of understanding signed earlier with Dogan Holding to participate in the tender.
The much delayed privatisation process for Turkey's state-owned national lottery is expected to begin in August after enactment of a bill on financial control.
Along with several foreign companies, Koc Group, Cukurova Group and Is Yatirim are among the Turkish companies competing in the tender process for management of the lottery, which generates an annual turnover of US$ 683 million and US$ 189 million in net profits.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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