HRADF request Intralot up mutual betting licence bid

The Hellenic Republic Asset Development Fund has requested an improved offer from the Consortium “Intralot (SPV No. 1) Limited” and “Intralot (SPV No. 2) Limited” for the exclusive right to organise and operate mutual betting on horse races in Greece.

The Consortium submitted an offer of Euro 5 250 000 on July 31, 2014 which is the only valid bid at present.

Intralot has until August 27, 2014 to submit the revised offer.