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Licensing Anticipated Soon

Several major online casinos and international gambling companies are vying for the chance to exclusively run the Turkish National Lottery for the next decade. Turkey is a notoriously restricted gambling market – in fact several online casino gambling employees are facing charges in the nation for illegal activities. But despite the restrictive legislation on internet gambling, the government is pushing forward with efforts to privatize the National Lottery. With the news that privatization is imminent and that the government has made substantial progress on the new bills, internet gambling companies are beginning to seriously express an interest in the Turkish lottery market.

The Turkish National Lottery is already well developed and generates significant turnover and revenue. Right now though the National Lottery is state-owned and operated so the privatization of the lottery will give one online casino gambling group a huge “in” into the Turkish gambling market. The privatization rumors have continued over the past month throughout the Turkish media, but recent media reports indicate that the new legislation and licensing o a lottery operator will take place as early as next month – August.

The online casinos, gambling, and lottery companies interested in the Turkish lottery market are extremely varied and indicate a large international interest in the Turkish market. A few of the companies interested in the privatized Turkish National Lottery include: Camalot, Intralot, OPAP, Sisal, Scientific Games, and several major gambling groups in turkey like Dogan Group, Is Yatrim, and others. The new bill that would privatize the National Lottery includes specific information on the regulations accompanying the bill, the taxation structure, and the nature of the license.