The top bid to operate İddaa, Turkey’s only legal sports betting company, has come from Şans Girişim.
In the tender held on Feb. 13, the Şans Girişim venture offered a 0.2 percent revenue-sharing deal, down its previous bid of 2.1 percent. A rival bid by Inteltek - a venture between Turkish mobile phone operator Turkcell and its subsidiary Intralot - offered 0.5 percent.
Inteltek won the rights to operate İddaa in 2008 for 10 years with a 1.4 percent commission.
Turkcell’s shares were down 0.2 percent as of 5:00 p.m. local time.
Inteltek was the only bidder in an initial tender held in November last year. The commission running the tender canceled bidding a month later, citing a lack of competition.
All other betting and gambling platforms are banned in Turkey.
