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€40,501,000 highest bid for Mutual Horsebetting License

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Tony_McCoy_fallThe Hellenic Republic Asset Development Fund (HRADF) has announced that its Board of Directors, in a joint meeting with the Council of Experts, unsealed the two binding financial bids submitted in September 19, 2014, by the Consortium Intralot (SPV No.1) Ltd and Intralot (SPV No.2) Ltd and OPAP Investment Ltd for the exclusive right to organize and conduct mutual betting on horse races in Greece.

OPAP Investments Ltd submitted the highest bid, amounting to €40,501,000 and was declared Provisional Successful Bidder according to the terms of Invitation to Bid.

For more information and updates please refer to the Hellenic Republic Asset Development Fund's website.

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