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Turkey has launched a tender for the operation of a centralised sports betting system and risk management centre by businesses for fixed odds and mutual betting, the Official Gazette said on Friday. Tenders can be submitted until February 11.
Turkey tender to open sports gambling industryAny company vying for the ten-year SporToto contract will have to boast a resume that includes running a retail betting network of at least 500 outlets, as the tender envisions some 6k points-of-sale across the country. The betting technology will have to be based in Ankara Province and the trading team will also have to set down roots on Turkish soil.
In total, the Turkish government aims to generate 17bn Lira (£2.4bn/€2.7bn/$3.1bn) in revenue from the offering’s first year in operation.
But companies will not be permitted to form consortiums when applying for the tender, though bids from joint venture companies will be accepted. This means the current operator of SporToto’s Iddaa-branded sports betting offering, the Inteltek joint venture of Intralot and local telecommunications giant Turkcell, will be able to make a bid.
