6th of December 2010 Author: Ava Jackuard
Austrian company tipped to be a frontrunner
It was reported by one of the biggest newspapers in Spain, El Mundo, that Austrian online gaming company Bwin is taking part in a bid for a 30 percent stake in Spain's State Lottery, and in fact currently occupies the frontrunner's position. The companies competing against it in this bid are Spanish companies Codere, Cirsa and Recreativos Franco as well as Italy's Lottomatica.
El Mundo learned from an anonymous source that the company is closely watching developments in Spain but continues its focus, for the moment, on its online business.
The intention of the Spanish Government in regards to the partial privatization of the lottery is to cut debt and to raise Euro 5 billion from its sale. The lottery's estimated revenue for 2010 amounts to Euro 2.6 billion ($3.5 billion), and it is renowned for its considerable El Gordo and El Nino draws.
Bingo Society News General Bingo News
12th of September 2011
20th of January 2010
23rd of April 2019
5th of March 2019
4th of April 2019
2nd of March 2019
19th 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!