The Gidani consortium was the operator of the
South African National Lottery
The National Lottery is operated by ITHUBA Holdings, to whom the licence was granted in 2015. The lottery is regulated by the National Lottery Commission, and was established in 2000.
Lottery tickets may be bought only by people of at least 18 ...
, the most popular form of
gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three el ...
in
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...
by transaction volume and value.
Gidani was selected to take over operation of the lottery after the seven-year contract of
Uthingo
Uthingo Management (Pty) Ltd was the operator of the South African National Lottery until March 2007. It was formed in 1996 to compete for this right amongst a total of three consortia bidding for the licence. Uthingo is not tasked with the alloca ...
, the first operator, expired on 31 March 2007.
However, following legal challenges about the award of the licence the lottery was suspended until October 2007.
The Greek lottery operator
Intralot
INTRALOT is a Greek company that supplies integrated gambling, transaction processing systems, game content, sports betting management and interactive gambling services, to state-licensed gaming organizations worldwide. The company acts both as a ...
was the technical partner to the group.
Other shareholders included The Women’s Development Foundation, Vunani Capital, Partnership Investments, Nozala Investments and the Mabindu Development Trust.
References
Gambling companies of South Africa
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