Las Vegas-headquartered lottery and gambling machines innovator, Scientific Games Corporation (NASDAQ: SGMS) announced Monday that its Demirören Holdings joint venture Şans Girişim has been awarded a 10-year exclusive contract for İddaa, Turkey’s only legal sports betting company.
According to this official press release (pdf)…
The provider will provide its entire turnkey sports betting solution to Turkish players via mobile and across at least 5,300 retail points-of-sale to be able to ensure a competitive large-scale sportsbook.
“thrilled to acquire this significant chance “
The Middle Eastern country that straddles eastern Europe and western Asia is your second-largest state-sponsored sports betting market in Europe and among the top three worldwide in sales.
Commenting on the significant award, Chief Executive Officer for Scientific Games, Barry Cottle, stated …
“On behalf of the joint venture with Sans Digital, we’re thrilled to acquire this significant chance to function as only legal sports betting concession in Turkey. This significant contract is evidence that our efforts during the last several years to create a superior, all-inclusive sports betting that’s coming together through cooperation between Scientific Games’ Lottery and Digital classes. We are honored by the confidence given to us by Sans Digital and the Government of Turkey.
“we selected Scientific Games as our ideal partner“
Sans Digital Board Member, Sinan Oktay, additional …
“Demirören Group is a family-run conglomerate that holds top positions in energy, media and real estate, and it has set a target to be a top participant in engineering and electronic services. We feel that gambling is heavily determined by technology and that this deal is an important initial step towards our goal. After assessing many of the leading companies in the global sports betting industry, we selected Scientific Games as our ideal partner. Our decision was based on their proven history in both retail and interactive sports betting, and their ability to supply us with a best-in-class and fully-integrated offering that included risk management services. We appreciate Scientific Games’ dedication to helping us grow the Turkish economy and look forward to our long-term partnership.
Kerastaris resignation:
Athens-listed Intralot‘s joint venture in Turkey, Inteltek, had operated the sports betting merchandise [İddaa] since 2004, together with all the contract set to expire in August. Shortly after the firm confirmed the reduction of this bidding, it announced that Chief Executive Officer, Antonios Kerastaris, had resigned from the company on Friday.
Winning tender:
The sports betting management tender for the Spor Toto State Organization has been held on February 13, 2019, together with Şans Girişim offering the very best bid, a 0.2percent revenue-sharing dealdown its previous bid of 2.1%, while the rival bid from Inteltekm provided 0.5%, according to the Hürriyet Daily News.
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