Greece starts assets sales with horse racing gambling license

April 17, 2015 12:28 PM

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Greece starts assets sales with horse racing gambling license

ATHENS (Reuters) - Greece's privatization agency (HRADF) has invited OPAP (OPAr.AT) to sign a deal next week to acquire the country's sole license for horse racing betting, the first state asset sale to be completed by the new leftist-led coalition government.

The agency announced in March it would proceed with the sale of the exclusive betting rights to OPAP, the country's dominant gambling firm, which won the license last year after offering 40 million euros ($43.26 million).

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