Gidani

The Gidani consortium operates the South African National Lottery, the most popular form of gambling in South Africa by transaction volume and value.

History

Gidani was selected to take over operation of the lottery after the seven-year contract of Uthingo, the first operator, expired on 31 March 2007.[1] However, following legal challenges about the award of the licence the lottery was suspended until October 2007.[2]

Composition

Greek lottery operator Intralot is the technical partner to the group.[3] Other shareholders include The Women’s Development Foundation, Vunani Capital, Partnership Investments, Nozala Investments and the Mabindu Development Trust.[4]

References

  1. ↑ "Lottery firm Gidani gearing up to tune of R300m". Business Report. Retrieved 15 September 2008.
  2. ↑ "National Lottery back with a bang". Mail&Guardian. Retrieved 15 September 2008.
  3. ↑ "Greek Intralot's Gidani consortium wins South African National Lottery tender". Forbes.com. 23 September 2007. Archived from the original on 24 May 2011. Retrieved 15 September 2008.
  4. ↑ "Senior ANC figures on track for the lottery". Daily Dispatch. Retrieved 15 September 2008.