Critical Weeks Lie Ahead For Brazil’s Lotex, Sports Betting Plans

As a consultation on sports betting closes, Brazilian officials have kicked off a third effort to privatise the country’s market for instant lottery products.

New tender documents for a concession to operate so-called Lotex games were published on Friday, roughly three months after an earlier auction process collapsed when no bidders stepped forward with an offer on the 15-year exclusive licence. 

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