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Cyprus government begins lottery privatisation process

11th July 2016 6:13 am GMT

The government of Cyprus has appointed a number of advisors to oversee the privatisation of the country’s national lottery.

The government has appointed a team of international consultants for the project, including KPMG Cyprus, Sweden’s QLot Consulting, Ireland's J&E Davy, as well as legal advisors Vlaemminck & Partners of Belgium and Angelides, Ioannides, Leonidou of Cyprus.

The consultants have been tasked with developing the financial models for privatising the lottery, as well as overseeing the due [...]

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