Inteltek Places Best Bid for Iddaa

28 August 2008

Inteltek, a joint venture of Intralot S.A. and Turkcell, placed the best bid today in the ongoing pursuit to renew its contract to operate Iddaa, Turkey's state-administered sports betting game.

It made an offer to take 1.4 percent of revenue under the revenue-sharing scheme, the lowest of three offers, according to Reuters. The country’s authorities will make a decision in three days as to whether Inteltek can seal the 10-year deal to operate Iddaa.