National Lottery "Loteria Instantânea - LOTEX" Privatization

The lottery modality is popularly known as "scratch card" was authorized by Law 13,155, August 4, 2015, article 28, through the creation of the Exclusive Instant Lottery (LOTEX). LOTEX has as its theme: brands, emblems, hymns, symbols, shields and the like related to the sports practice entities of the soccer modality, implemented in a physical or virtual environment.
 
According to the studies carried out by BNDES, approved at the 3rd PPI Board Meeting on 08/23/2017, the common concession model was defined as an operational modality to be adopted in the privatization process of LOTEX, as it is more attractive to investors.
 
Among the main characteristics of the auction, we highlight the inversion of the bidding procedure phases and the adoption of the highest grant fee, paid in a single installment, as a judgment criterion.
 
This modality of the lottery has a significant potential for commercialization in the country. In addition, the concession will generate funds for the National Treasury and for the States and Municipalities through the taxes to be earned from the concession of exploration rights, the total amount the grant, and the fees destined to legal beneficiaries.
 
Throughout 2017, a series of actions are planned for the venture, such as the realization of road shows with international investors, public consultation opening, and call for bids notice publication.
 
Information on related legislation can be found on the Minsitry of Finance Official's website.