The Hellenic Republic Asset Development Fund (HRADF) announced the launch of an international open tender for the grant of the exclusive right to organize and conduct mutual betting on horse races in Greece, for a period of twenty years. The exclusive right previously belonged to the Horse Race Betting Organisation (ODIE).
The tender process will be conducted in two phases:
Phase A: Submission for expressions of interest from interested investors must be received by 17.00 (Greece time) on April 12, 2013. Interested parties should possess the necessary legal, technical and financial qualifications in order to be eligible to acquire the exclusive right.
Phase B: Submission of binding financial offers by shortlisted investors.