9/1/2008

Inteltek keeps sports betting game

Turkish Daily News - Knocking off its share from the total turnover of Iddaa, a popular sports betting game in Turkey, Inteltek came out as the winner in an auction last week, to operate the game. Inteltek and its Greek partner Intralot won the auction by decreasing their shares to 1.4 percent, from the current 12 percent. With this offer, Intralot-Inteltek managed to beat Snai-Lottomatica-Dogan Media Group and Lotos-Ladbrokes. Iddaa generated revenue of YTL 1.9 billion ($1.6 billion) last year and YTL 2.3 billion in 2006. Total revenue since April 17, 2004, when Iddaa was launched, has reached at YTL 6.7 billion.