ATHENS Nov 30 Greece's sports betting monopoly
OPAP moved a step closer to taking over the state
lotteries being privatised by the indebted country as part of
its international bailout, as the only party to submit a bid
OPAP tabled a bid with its gaming technology partners
Intralot, Lottomatica and Scientific Games
, privatisation agency HRADF said on Friday.
This leaves the group as the only possible winner of the
12-year licence to run a series of lotteries, which had revenues
of 348 million euros ($453 million) in 2010, if it submits a
binding offer by Dec. 10.
Two other potential contenders which had expressed interest
were the Austrian Lotteries and a joint bid by Sisal, Damco
Energy and Damlot.
Privatisations are a key part of Greece's international
bailout, which started in May 2010. But Athens has so far
delivered disappointing results, raising about 1.6 billion euros
from asset sales and concessions so far.
Greece earlier this month lowered its privatisation target
to about 11 billion euros by 2016, far below an original target
of 19 billion by the end of 2015.
The country is targeting its first big privatisations from
early next year, when it plans to find investors for OPAP itself
and natural gas company DEPA.