BBC Home
Explore the BBC
BBC News
Launch consoleBBC NEWS CHANNEL
Last Updated: Sunday, 20 August 2006, 14:00 GMT 15:00 UK
Indian firm in bid to run Lotto
A lottery machine
Sugal & Damani runs 17,000 computer lottery terminals in India
India's largest lottery firm expressed an interest in running Britain's National Lottery.

Sugal & Damani joins current operator Camelot and the Australian firm Tattersall's in entering the race for the licence, which begins in 2009.

The privately-owned group has run lotteries in India for over 30 years and also has interests in finance, diamond jewellery and tourism.

Bids for the 10-year UK licence must be in by December.

The winner will be announced in the spring.

Competition

Chairman of the group, Sugalchand Jain said the firm was in the process of finalising its bid.

A National Lottery Commission spokeswoman confirmed there had been an expression of interest from the Indian group.

She said: "We welcome Sugal and Damani's interest in the competition for the next licence.

"The commission has worked hard to create a level playing field for the competition and the interest from around the world shows we have achieved this."

The National Lottery has raised 18.5bn for good causes and paid out 26bn in prize money since it began in November 1994.


RELATED BBC LINKS

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific