Lottomatica to bid against Maltco

Italy’s lotteries operator Lottomatica is set to launch a bid to oust Greek giants Intralot from Malta’s gaming scenario.

Speaking in Rome yesterday, Lottomatica’s chief executive Marco Sala stressed that his company is “closely following the Maltese gaming market and is determined to bid against Intralot that operates under the name  Maltco.

Maltco’s license to operate lotteries in Malta expires in mid 2012 and expression of interest are soon to be issued by the Maltese government.

According to Lottomatica’s chief executive, the accumulative annual turnover for lotteries, superfive and betting by Maltco exceeds €80 million. Some 250 lotto receivers are licensed to sell the gaming products.