São Paulo signs 15-year lottery concession with SP Loterias consortium
The São Paulo government signed a lottery concession contract with the SP Loterias consortium, with the agreement published in the state’s official gazette on 5 January. The concession provides more than R$560 million in fixed payments for two hospitals and is forecast to generate a further R$3.4 billion in variable payments over 15 years. The operator may use physical and digital channels, but fixed-odds betting is excluded.
The contract sets the scope and duration of the state lottery operation and directs concession payments towards two hospitals.