Australian gaming firm to bid for lottery contract

Australian lottery and gaming company Tatts is understood to be appointing advisers in Ireland in preparation for the sale of the National Lottery contract.

24th February, 2013

Australian lottery and gaming company Tatts is understood to be appointing advisers in Ireland in preparation for the sale of the National Lottery contract.

This brings to five the number of international bidders lining up for the National Lottery contract. An Post, which currently runs the lottery, will also tender for the 20-year agreement.

In a recent client note on Tatts, Macquarie Bank said that Tatts would have to consider "riskier bets overseas", such as...

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