ECONOMY

Three bids for lotteries

The state?s Privatization Fund (TAIPED) was particularly satisfied to receive not one but three bids for the 12-year license to operate Greek state lotteries.

The three nonbinding expressions of interest came on Tuesday, the deadline day, and involve both Greek and foreign companies. The first is a consortium led by state gaming company OPAP partnered by Italy?s Lottomatica as well as Greece?s Intralot and New York-based Scientific Games; the second is a consortium of Italy?s Sisal with the Greek Copelouzos group; and the third is from Austrian Lotteries.

TAIPED officials stressed on Tuesday that both the quantity and the quality of the bids were particularly significant given the financial conjunction in Greece.

All three bids are expected to qualify for the next stage, with binding offers.