Tag Archives: Lotex
Brazil – Lotex removed from privatisation programme
The federal government has announced that it has withdrawn the Instant Lottery (Lotex), from the National Privatization Program (PND). The measure was formalized through a decree published today which was published in the Official Gazette of the Union. The decree was co-signed by the acting President of the Republic, Geraldo Alckmin, and the Minister of the…
Brazil – Lotex to be tenderedÂ
After some speculation in local media the government has finally announced that instant lottery Lotex will be launched after a tender and will be overseen by the Ministry of Finance. Caixa Econômica Federal was given permission to sell instant tickets for a specified period of time or until the tender is complete under presidential decree. The…
Brazil – Caixa to roll out of instants later this year
The president of Caixa Econômica Federal Rita Serrano said that the bank should begin the roll out of instant lottery Lotex this year. “We are preparing to take over the instant lottery again,” the official said in a press interview, commenting on the bank’s second-quarter results. Serrano also said that Caixa wanted to compete in other lottery modalities,…
Brazil – Instants could get go ahead again under new government plans
The government is preparing a decree that would bring back the sale of instant lottery Lotex. The government wants to use the ONCE lottery (the lottery in aid of the blind in Spain) as a model. The sales network in Brazil, according to the new plans, would be made up by sellers with disabilities and could be…
Brazil – IGT and Scientific to split Brazil’s instant lottery contract for Lotex
The Brazilian instant lottery Lotex will be split between two of the gaming industry’s biggest names; International Game Technology and Scientific Games. The two are likely to split the $200m scratch card contract with a launch by September 2020. Walter Bugno, IGT CEO International and Pat McHugh, Scientific Games, EVP & Group Chief Executive, Lottery,…
Brazil – Rules for Lotex tender changed again
The Brazilian government has decided to relax the rules of the licensing process for the instant lottery Lotex. New regulations were published in the Official Gazette in a resolution by the Investment Partnership Program (PPI) which modifies two central points of the bidding document: namely the payment of the concession amount and the experience that…
Brazil – Lotex licence delayed again as Brazil’s Government look for more bidders
After seven attempts, the Brazilian government has decided to relax the rules for the concession for the instant lottery LOTEX. Now the government plans to re launch with an announcement expected in August which they say will attract the interest of at least 30 companies. After the successive presentations of LOTEX to international investors (during…
Brazil – Tender for Lotex delayed for fifth time
The Brazilian Development Bank (BNDES) has delayed the tender for the instant lottery LOTEX for the fifth time. BNDES has set a new date for the tender in order to give potential licensees more time in order to take part, clarify any doubts they might have and deliver their proposals along with any other documents….
Brazil – Brazil facing another delay for Lotex sell off
The Brazilian Development Bank (BNDES) has delayed the tender for the instant lottery LOTEX for another month. BNDES via The Federal Official Gazette informed potentially interested parties that they can make requests for clarification up until April 1, while the new deadline for the submission of proposals and other documents necessary to participate in the…
