October 22, 2019 / 1:35 PM / a month ago

CORRECTED-Brazil's instant lottery Lotex to be run by IGT and SGI

(Corrects origin of firms forming consortium)

SAO PAULO, Oct 22 (Reuters) - The Consórcio Estrela Instantânea placed the winning bid for Brazil’s Lotex instant lottery that was run by state-run lender Caixa Econômica Federal , according to the official results of the auction held on Tuesday.

The consortium formed by UK-based IGT and U.S.-based SGI made an initial payment of 97 million reais ($23.66 million) for the right to operate Lotex, according to members of the consortium. ($1 = 4.1004 reais) (Reporting by Aluísio Alves Writing by Ana Mano; editing by David Evans)

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