SectorWire
SearchGet the daily briefing
Menu

Minas Gerais lottery outlines R$650m minimum bid for digital gaming concession

Tenders & awards

Loteria do Estado de Minas Gerais held a public hearing on 31 March in Belo Horizonte to discuss a future concession for integrated online and in-person gaming. The proposed international tender would set a minimum bid of R$650m and require the winning company to pay R$18.27m upfront; estimated market turnover over 25 years is R$15.47bn. The authority said it would review hearing contributions before finalising the tender notice, expected in the coming months.

Prospective bidders can assess the minimum bid, upfront payment and proposed 25-year concession scope.

Request a correction

Keep reading