Greece Launches International Tender for State Lotteries Concession

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Greece’s National Wealth Fund (known as Growthfund, under HRADF) formally launched an international tender for the concession of the Greek State Lotteries, including the National Lottery, Popular Lottery, European Lottery, Instant Lottery, New Year’s Lottery, and any future state lotteries.

The concession includes the operation, management, and exploitation rights for a portfolio of national lotteries—namely the National Lottery, Popular Lottery, European Lottery, Instant Lottery (Scratch), New Year’s Lottery, and any future state lotteries. As part of the preparatory phase, Growthfund is seeking to appoint both a specialized advisor for the lottery sector and a financial advisor to help shape the transaction structure, conduct market analysis, and support the competitive bidding process. The initiative follows the expiration of a previous 12-year concession held by Hellenic Lotteries S.A. and is aligned with Greece’s broader privatization strategy to maximize value from state assets while ensuring continuity in licensed gaming operations. For more information, please visit our business opportunity page here.

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