TURKISH LOTTERY NUMBERS

21 November 2008

Lotto performance outlined in the run-up to privatisation

 

With the privatisation process now well under way and the tender window only closing at the end of February 2009, interest continues to be high in the Turkish national lottery, Milli Piyango. The privatisation plan includes a commercial concern taking over the license for an initial period of 10 years, splitting profits with the Turks. The pre-qualification deadline for interested companies is January 15 2009.

Major companies that have indicated an interest in tendering include GTech-Lottomatica , Essnet-Tattersall, Scientific Games, Camelot, Opap and Intralot, Turkey's Koc Holding, Austrian Lotteries, Sisal, Dogus Group, Alarko and Cukurova Group (see previous InfoPowa reports).

This week Turkey’s National Lottery Administration released some of the mouth-watering performance figures on the lottery, which is believed to have considerable further potential if marketed with vigour and efficiency. The operation has earned the equivalent of over $4.4 billion over the past 5 years, has paid out $1.9 billion in prizes and contributed some $2.3 billion to public finances during this period.