Brazil Lottery Seeks Sports Betting Bids

The state lottery of Rio de Janeiro has put out a request for bids for partner to create, distribute and sell lottery and sports betting products in the Brazilian state. Bids are due July 5.

Brazil Lottery Seeks Sports Betting Bids

The State Lottery of Rio de Janeiro (LOTERJ), Brazil has asked for bids to create, distribute and sell lottery and sports betting products.

Bids are due July 5 for a contract worth $49.2 million over five years. The Lottery projects $76 million for the first year of operation and doubling after five years.

The tender seeks operators who can create and distribute gaming products offline and online.