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Four bidders remain for South Africa National Lottery licence

4th December 2013 10:29 am GMT

South Africa’s National Lotteries Board (NLB) has confirmed that four consortiums remain in the running for the country’s R$40bn (€2.9bn) third National Lottery licence which will commence operations in June 2015.

The National Lottery is run under a licence awarded by the Minister of Trade and Industry for a period of seven years.NLB chairperson Alfred Nevhutanda said that four companies had paid their R$2.5m bid fee and submitted bid documents.“The Bid Evaluation Committee will now [...]

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