South Africa’s National Lottery faces a potential nine-month halt due to legal disputes over a new operator and a rejected temporary license.
The South Africa National Lottery could be shuttered for nine months despite the government selecting a successful bidder for the new eight-year license.
Trade and Industry Minister Parks Tau named Siyakhaya Holdings as the new operator on Wednesday 28 May. The license covers the National Lottery and Sports Pools. The announcement arrived just days before the current license, held by Ithuba Holdings, expires on 1 June.
Eight companies competed for the R180 billion ($10.0bn) contract. Litigation has already commenced over this fourth National Lottery and Sports Pools license award.
