iGaming Business – The Hellenic Republic Asset Development Fund (HRADF) Greek privatisation company has confirmed it has received two binding bids for the country’s horseracing betting licence, following the scrapping of a previous tender last month due to a lack of interest.

The Reuters news agency said that the HRADF revealed on Friday that Greek-owned gaming and lottery provider Intralot and domestic gambling monopoly OPAP are the two companies to have submitted bids for a 20-year licence to take wagers on horseracing.

The sale of the licence forms part of an agreed privatisation plan with Athens’ international lenders, the European Union and the International Monetary Fund, under a €240 billion ($316 billion) bailout.