THE THIRD NATIONAL LOTTERY LICENCE
AWARDED TO ITHUBA HOLDINGS
The Minister of Trade and Industry, Dr Rob
Davies today announced that negotiations for the third National Lottery Licence
successfully concluded with Ithuba Holdings (Pty) Ltd. As a result, Minister Davies has
awarded the Licence to conduct the 3rd National Lottery to Ithuba in terms of
section 13(1) of the Lotteries Act, 1997. National Lottery Lisence previously held
by Uthingo and Gidani respectively.
Minister Davies is pleased that the
negotiation process completed within November 2014, as set out in his press
statement of 23 October 2014.
The decision made after consultation with the
National Lotteries Board. Ithuba
is to commence operating the Lottery on 1 June 2015.
At this stage, Minister Davies is unable to
provide further details regarding his decision as Gidani (Pty) Ltd, the current
Lottery operator, has taken him to Court to challenge his decision to select
Ithuba as the preferred applicant. Details
of these proceedings will be available once the documents presented in open
Court.
Minister Davies is hopeful that the matter
will be resolved speedily and with the least disruption to the operation of the
Lottery.
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