Rio de Janeiro ignites sports betting contract tender process

State Lottery begins search for lottery and betting partner for five-year term

The State Lottery of Rio de Janeiro (LOTERJ) has launched the tender process for the operation of lottery and fixed-odds sports betting in the state. The contract, which is valued at BRL$260.5m (£34.7m), lasts for five years and would allow the winning operator to distribute fixed-odds sports betting products as well as draw-based and instant…

Brazil | Licensing | Lottery | Regulation | Sports betting