Lottomatica: 2
Online casinos and other Internet gambling websites are often looking for a way
to provide their customers the versatility. Lottomatica have been trying to
create a partnership with Dogan Sirketler Grubu Holding A.S., which is a Turkish
company. They are looking to lend their expertise to the Turkish company and
signed a 50-50 contract to provide services for the Turkish national lottery.
They have already submitted the application to be considered for running the
national lottery of Turkey. If they are indeed accepted for the huge job of
running the country's national lottery, they will be granted a 10 year license
to operate. Also included in a 10 year license is the ability to arrange
drawings of games and organize and plan events in Turkey. The online casino
industry would be hard-pressed to not think this is good news.
When a country allows a national lottery to be run by an Internet gambling
website, it usually leads to the legalization of the online casino industry. The
shareholders of the companies involved will get 17% of the total revenue that
these companies make upon acquiring their operating license in Turkey. The
Turkish government, in particular the Turkish privatization administration
announced in mid February that there were five bidders in the fight for the
Turkish national lottery's business. The companies that are currently in the
prequalification stage are Osterreichische Lotterien Gesellschaft M.b.h.,
Lottomatica SpA, Intralot SA, OPAP SA, and Milli Pivango. Soon the Turkish
government will decide which one of these companies will be awarded the license
to operate their national lottery.