1st of December 2009 Author: Ava Jackuard
Euro 9 billion tender disputed
Italy's top administrative court is expected to rule in mid-January on a disputed Euro 9 billion scratch card tender which will determine whether rivals compete in future with the incumbent Lottomatica SpA, reports the Reuters news agency.
The report quotes a spokesman for the Italian regulator AAMS, who announced Monday that the regulator is to appeal a lower court's decision earlier this month to annul the contest for up to four scratch card concessions from June 2010.
Lottomatica, which holds the current concession, was the only bidder in the contest. However, the company's rival in the Italian market, Sisal, had challenged what it claims are onerous tender terms including a Euro 800 million upfront fee to be shared by winning bidders and a requirement for each concession to operate 10 000 selling points for scratchcards.
"AAMS has made an appeal to the Council of State. In mid-January there will be a decision," the AAMS spokesman said, adding the formal appeal will be filed in the next two days.
Lottomatica's scratchcard consortium includes Scientific Games as a minority partner.
General Gambling News Bingo Society News
20th of January 2010
25th of February 2010
18th of April 2019
12th of February 2019
28th of February 2019
4th of April 2019
16th of February 2019
13th of February 2019
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
Disclaimer Contact Us Privacy Terms and Conditions Gambling Help About Us Site Map Trusted Portals
LatestBingoBonuses.com © 2006-2019
Enter your email adress:
T&C's Apply. 18+
Do not show this again
You have been successfully subscribed to receive LBB newsletter!