A consortium led by Scientific Games has been named the preferred bidder for a 12-year concession for the management of the Hellenic Lotteries in Greece.
The consortium comprises OPAP, Scientific Games and Intralot.
The concession will cover current and future instant lotteries using physical tickets, as well as internet sales of tickets.
Scientific Games will have a 16.5 per cent equity interest in the consortium and will be responsible for the instant ticket marketing function, with a supply agreement providing for all instant ticket production and game design services. The consortium will pay an upfront payment of €190m and will be responsible for a monthly fee equal to a percentage of the gross gaming revenues.
