IGT-Led Consortium Provisionally Awarded Italian Lotto Concession …and More!

IGT-Led Consortium Provisionally Awarded Italian Lotto Concession …and More!

IGT-Led Consortium Provisionally Awarded Italian Lotto Concession

The Italian regulator Agenzia delle Dogane e dei Monopoli has provisionally awarded the concession for the Lotto game to a consortium led by IGT subsidiary Lottomatica.

Other consortium members include Italian Gaming Holding (IGH), a subsidiary of Czech lottery and betting operator SAZKA and investment group EMMA CAPITAL; Arianna 2001, an entity affiliated with the Federation of Italian Tobacconists; and Novomatic Italia.

The final award of the concession is expected to be made during the second quarter, with the contract to run for nine years.

The consortium’s bid was comprised of €770 million in upfront concession payments that will be paid in three installments between the time of the award and April 2017. In addition, €130 million will be invested by the consortium to upgrade the technological infrastructure (systems, terminals) supporting the Lotto game.

Members of the consortium will contribute to both the upfront concession payments and capital investments on a pro rata basis as follows: Lottomatica, 61.5%; IGH, 32.5%; Arianna 2001, 4%; and Novomatic, 2%.

 

Italian Lottery Operator Sisal to Offer Online Casino Games

Italian lottery and gaming operator Sisal Group signed a deal with NYX Gaming Group to acquire digital casino content via the supplier’s Game360 platform.

“I am very pleased with our launch of the new NYX content, in addition to the great games we already offer from Game360. This release extends on our existing partnership with Game360 and represents a very positive partnership moving forward,” said Marco Tiso, Online Gaming Business Manager at Sisal.

Earlier, recently merged Dutch lotteries Staatsloterij and De Lotto also signed a deal with NYX in order to expand their offering to include online casino games.

Such moves appear to make sense as Europe is currently far and away the largest real-money online casino market in the world.

 

Chinese Government Mulling Lifting Ban on Online Lottery Sales

China is set to reopen online lottery sales on a trial basis, according to a report from Chinese-language newspaper The Economic Observer.

Officials plan to launch new pilot programs this year to restart the sale of online lottery and held a seminar in January to discuss regulations, the newspaper reported. The paper also quoted a source as saying authorities have a supportive attitude toward restarting online lottery sales.

Internet companies that have huge number of online users and advantages in big data technologies could be selected into the pilot programs, the source said.

Prior to the ban, online lottery sales throughout China were marred by widespread fraud.

 

Turkish National Lottery Privatization to Be Tendered in May

Turkish Finance Minister Naci Ağbal recently announced that the National Lottery privatization would be tendered in early May.

This year’s bidding process marks the third attempt to privatize Turkey’s National Lottery. Following earlier auctions in 2009 and 2014, each time the winning bidders proved ultimately unable to raise the funds offered at auction.

 

Other News

Spanish Loteria de Catalunya is going digital with some help of Novomatic Lottery Solutions’ omni-channel lottery system.

 

The German sports betting saga continues as the Administrative Court in Wiesbaden has declared the proposed limit of twenty sports betting concessions to be in violation of EU law.

 

Camelot Global opens a new US headquarters in Chicago.
As New Zealanders spend less on traditional lottery tickets, funding for sports and culture is declining as well.

 

Lotto Bayern has signed a new partnership with a Bavarian football club, but not – alas – Bayern München.

 

Australian lottery operator Tatts Group has filed a complaint to acquire the domain powerball.org.