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Privatizing the Turkish Lotto

Online casinos and gambling companies from all over the world have begun to announce interest in the announcement that Turkey was privatizing the state lottery system. With that announcement some of the largest gambling companies and groups in the international market have announced they will submit a bid for the position. The fact is, the Turkish lottery market has the potential to really produce a lot of revenue for the company that wins the bid and online casino and lottery groups looking to diversify markets are eyeing this market hungrily.

Notable among the groups vying for the Turkish lotto is OPAP, the Greek land and online casino gambling monopoly. OPAP has been involved in a case with the European Commission for the past couple of years because of the company’s ongoing monopoly in the Greek market. The EU stands on principles of free trade of goods and services between EU member-states and has thusly pressured land and online casino gambling monopolies like OPAP to open their markets to competition. Now that the Greek market is beginning to open to competition, OPAP is looking to expand its business into other European gambling markets.

According to information provided by the CEO at OPAP the company has already begun to build a partnership arrangement with a Turkish group, Dogus. The partnerships with current Turkish facing gambling related companies could go a long way toward securing OPAP the lotto deal. CEO Christos Hadjiemmanouil, briefly commented on how he perceives OPAP’s chances of winning the deal. He notes, "The climate we met was positive ... there was a friendly mood and open doors,” but at the same time, there are several other notable international lotto groups vying for the job.