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Only two bids have been submitted to the privatisation agency HDRAF for the horse race betting licence after scrapping a previous tender last month due to a lack of sufficient interest.
The agency said recently privatised betting giant OPAP in a joint venture with a British fund manager and gaming systems developer Intralot submitted bids for a 20-year licence.
HDRAF said its board would convene this week to decide on the validity of the offers and the recommendation of the financial advisers.
The privatisation agency scrapped the tender last month after getting just one offer from Intralot that was considered unsatisfactory.
Horse race betting is currently run by a group called ODIE, which reported a net loss of 23.4 mln euros in 2012.
The government wants euros from privatisations aiming for 1.5 bln from state divestments this year, down from an initial target of 3.6 bln euros.
OPAP has said its joint bid with the UK’s Global Family Partners would be no less than 40 mln euros, far more than the 5.2 mln initially offered by Intralot.