Camelot to run Rainbow lottery

Click to follow
The Independent Online
A CONSORTIUM involving Camelot, the operator of the National Lottery, was yesterday selected to run South Africa's new lottery.

It is the first time Camelot has been successful in a lottery bid outside the UK. The consortium Uthingo, which means Rainbow in Zulu, is 70 per cent owned by unions and black empowerment groups. Camelot has 10 per cent, while GTech, which provides the equipment for Camelot in the UK but is no longer a shareholder in the UK consortium, has another 10 per cent. Tattershall, the Australian company, also has 10 per cent. It is anticipated that the South African lottery will generate more than pounds 700m a year in sales.

Comments