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. [cite web
url=http://www.busrep.co.za/index.php?fArticleId=3638866
title=Lottery firm Gidani gearing up to tune of R300m
publisher=Business Report
accessdate=15 September
accessyear=2008] However, following legal challenges about the award of the licence the lottery was suspended until October 2007. [cite web
url=http://www.mg.co.za/article/2007-10-15-national-lottery-back-with-a-bang
title=National Lottery back with a bang
publisher=Mail&Guardian
accessdate=15 September
accessyear=2008]

Composition

Greek lottery operator Intralot is the technical partner to the group. [cite web
url=http://www.forbes.com/afxnewslimited/feeds/afx/2007/09/23/afx4146465.html
title=Greek Intralot's Gidani consortium wins South African National Lottery tender
publisher=Forbes.com
accessdate=15 September
accessyear=2008] Other shareholders include The Women’s Development Foundation, Vunani Capital, Partnership Investments, Nozala Investments and the Mabindu Development Trust. [cite web
url=http://www.dispatch.co.za/2006/09/11/SouthAfrica/alotto.html
title=Senior ANC figures on track for the lottery
publisher=Daily Dispatch
accessdate=15 September
accessyear=2008]

References