
Gidani
Encyclopedia
The Gidani consortium operates the South African National Lottery
, the most popular form of gambling
in South Africa
by transaction volume and value.
, 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.
is the technical partner to the group.
Other shareholders include The Women’s Development Foundation, Vunani Capital, Partnership Investments, Nozala Investments and the Mabindu Development Trust.
South African National Lottery
The South African National Lottery was established in 2000 and is the most popular form of gambling in South Africa by value and number of players...
, the most popular form of gambling
Gambling
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...
in South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
by transaction volume and value.
History
Gidani was selected to take over operation of the lottery after the seven year contract of UthingoUthingo
Uthingo Management 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...
, 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.
Composition
Greek lottery operator IntralotIntralot
Intralot is a Greek company that supplies integrated gaming, transaction processing systems, game content ,sports betting management and Interactive Gaming Services, to state-licensed gaming organizations worldwide. The company acts both as a lottery vendor and a lottery operator...
is the technical partner to the group.
Other shareholders include The Women’s Development Foundation, Vunani Capital, Partnership Investments, Nozala Investments and the Mabindu Development Trust.