Last update: May 25, 2009 By Rob van der Gaast March 17, 2008 1. Privatization of the National Lottery – Milli Piyango
Number of pages: 90 pages, including tables and illustrations. See the table of content. In addition to the report, GamblingAnalysts offers the service of an automatic content update, until the moment that the privatization of Milli Piyango has come to an end.
Price: € 1,000. The report may be ordered via GamblingAnalysts.
A Blind Bet in Privatization of Turkey's Gambling Industry? Not as far as GamblingAnalysts.eu is concerned
GamblingAnalysts.eu, the gambling research and analyst group, working from Istanbul and Amsterdam, launched two new reports on the Turkish gambling industry. This year two major gambling events will take place in Turkey: the privatization of the Turkish National lottery and the 10 year-long tender for sports betting.
Professionals in this industry know how difficult it is in Turkey to get all the information needed for a proper decision. That's why GamblingAnalysts.eu prepared two in-dept reports with over 40 pages each with tables and illustrations: "Privatization of the National Lottery – Milli Piyango” and "Fixed Chance Betting Tender”.
"We have the know-how and contacts in Turkey", states Rob van der Gaast, who founded GamblingAnalysts.eu, "and we have been monitoring the Turkish gambling arena for over 10 years now and know the face value of the two gaming companies and their growth potential".
National Lottery
The National Lottery Administration General is the sole authority in the Republic of Turkey entitled to regulate sweepstakes and games of chance, which are in consideration of cash. Amendments set forth in Law No: 4971 dated 15.08.2003 on Decree Law numbered 320, enables granting individual or group licenses regarding games of chances for the specified period. Licenses may be granted to a stated-owned enterprise to be founded in accordance with the principles and procedures to be decided by the Council of Ministers, or joint stock companies founded as per the provisions of the Turkish Commercial Code.
A maximum of 10-year licenses may be granted to joint stock companies founded as per the provisions of Turkish Commercial Code.
The preferred company bidder for the license shall pay no less than 5% of its revenue to the National Lottery Administration and no less than 10% of its revenue to the Defense Industry Support Fund.
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