Inteltek Best Bidder In Iddaa Tender

ANKARA - Inteltek has made the best bid in a tender to run Turkey`s sports betting company Iddaa.
Inteltek Internet Teknoloji Yatirim ve Danismanlik Ticaret A.S., current operator of Iddaa, competed with Dogan Yayin Holding A.S-Snai S.P.A-Lottomatica Videolot S.P.A joint venture, and Lotos Ic ve Dis Ticaret Yatcilik Turizm A.S-Ladbrokes Betting and Gaming Limited joint venture in the tender launched by Turkey`s official betting organization Spor Toto.
Inteltek made an offer to take 1.4 percent of revenues, the lowest offer, under the revenue-sharing system, chairman of the tender commission Mustafa Turgut said.
Inteltek will continue to run Iddaa for 10 more years if its offer is accepted.
Iddaa, which was launched in April 2004, grossed 6.7 billion YTL (nearly 5.6 billion USD) since that date.
(TÇ-CE)
(ECO)