Tag Archives: Lottery
Winner for São Paulo lottery tender exceeds all expectations with R$ 600 million bid
The consortium Aposta Vencedora, led by the Portuguese company SAV Participações, has secured the concession for the new lottery for the state of São Paulo auctioned off last Friday (November 1) at the B3, São Paulo Stock Exchange. According to Agência Estado In a heated live bidding competition, the winning offer was R$ 600 million, representing…
São Paulo government launches lottery tender
The São Paulo government launched a “Marathon of Auctions” on Tuesday (29), which is expected to bring R$ 20 billion in investments to the state. The Public-Private Partnership (PPP) for Lotteries is scheduled for Friday (November 1), with the envelopes from interested parties having been submitted on Monday (28). The auction, which will take place…
IZI Group records exceptional growth
Malta-based IZI Group has announced record results across its businesses, including Malta’s National Lottery, Dragonara Casino and iGaming. G3 interviews Johann Schembri, the Founder and Chief Executive Officer of IZI Group about the company’s financial results for Fiscal Year (FY) 2024. Johann, IZI Group’s latest financial results are impressive. What are the key elements leading…
São Paulo government aiming to raise R$3.4bn from lotteries and sports betting
The São Paulo government plans to allocate the projected R$ 3.4 billion revenue from state lotteries to the health sector. The lottery model will be introduced through a new 15-year concession, with the tender scheduled for October. The project mandates that the funds be invested in essential areas to reduce social vulnerability, with health being…
Brazil – State of Rio de Janeiro tightens online betting rules
The government of the State of Rio de Janeiro is clamping down on authorised operators in the state and has put in place further regulations designed to safeguard players. The new measures were published in the Official State Gazette via decree and further established the conditions for sports betting authorized by the Lottery of the…
US – Scientific Games and Abacus collaborate on lottery retail sales tech solutions
Scientific Games and Abacus Solutions Management Group have announced a new technology collaboration on retail store in-lane checkout solutions that seamlessly integrate with retailers’ existing point-of-sale technology and lotteries’ central gaming systems. Featuring Abacus Solutions’ secure, cloud-based software and Scientific Games’ SCiQ lottery retail ecosystem with a dynamic, digital menu board, the solution allows consumers…
Brazil – State of Rio Grande do Sul accepts proposals ahead of potential lottery expansion
The expansion of state lotteries in Brazil is continuing apace after the State Lottery of Rio Grande do Sul announced that a total of nine companies had been granted permission to submit proposals for the implementation and management of a lottery in that state. The state government, through the Secretariat for Partnerships and Concessions (Separ) made the announcement…
Brazil – Lottery and sports betting approved for Belo Horizonte
The capital of the state of Minas Gerais, Belo Horizonte has created its own lottery after city hall approved the creation of the lottery of Belo Horizonte (BHLOT). BHLOT was created after new regulations were published on Saturday (15) in the Official Gazette. It states that any lottery modalities provided for by federal legislation can be…
Brazil – Governor of Paraíba signs lottery bill
The Paraíba State Lottery (LOTEP) will officially be modernised now that Governor João Azevêdo Lins Filho has signed PL 590 into law. The law links the lottery to the Treasury Department and will usher in a further expansion of the lottery and new lottery products. According to Francisco Petrônio de Oliveira Rolim, Superintendent of LOTEP, the…
