Totalizator Sportowy launches tender with two candidates for on-line system

Today Polish state lottery Totalizator Sportowy (TS) launches negotiations with two candidates in a tender for an on-line system operator, GTECH and Norway-based Telenor Satellite Polska. During the negotiations which are scheduled to last until next Tuesday, both firms will eventually put the final touches on their versions of agreements with TS. The next day,. February 28, TS management will select the company with which to sign a 10-year agreement worth over $10 million. The commissions charged on TS's revenue proposed by GTECH and Telenor are 3.1% and 3.2% respectively. └It is doubtful that any of the operators would go below 3% since there must be some kind of profitability threshold,■ said a representative of one of the two companies. (Prawo i Gospodarka, p.2) A.Z.