News

Here we go again: Third bidder in Lotesul lottery tender comes to the stage

Fintech company Idea Maker will undergo a proof-of-concept stage after two previous bidders failed the technical evaluation.

· 1 min read
Share this article
Follow us on Google
AI Summary
Sign in to listen
Lotto
Key Points
Idea Maker offered a 35.33% revenue share to the state government
Two previous bidders failed the proof-of-concept phase of the tender
The contract involves operating the technological platform for the state lottery

The Government of Mato Grosso do Sul has called a third bidder in the tender process to operate the state lottery platform, Lotesul, after two previous companies failed to pass the technical evaluation stage.

Idea Maker will now be invited to complete the proof-of-concept phase after offering a 35.33% revenue share to the state during a new round of negotiations.

Authorities confirmed that the documentation submitted by the company met the requirements outlined in the tender notice. 

The process has therefore been temporarily suspended while the technical demonstration stage is carried out.

The proof-of-concept stage is designed to verify whether the proposed technology solution meets the functional requirements specified in the tender. 

During this phase, the bidder must demonstrate in practice that its platform can operate according to the technical standards required by the state. 

Such testing stages are common in information technology and complex service contracts, where regulators aim to confirm the viability of solutions before finalizing agreements.

Which bidders have previously failed this stage of the process?

Lottopro Jogos de Apostas e Gestão de Lotéricas, which initially won the auction in January, was disqualified after failing to provide the electronic regulatory vault required under the tender rules. 

The second-placed bidder, Prohards, was also rejected during the same evaluation phase earlier in March.

The Lotesul tender aims to select a company responsible for implementing and operating the technological platform that will manage the state’s lottery activities. 

The selected operator will oversee payment integration, monitoring systems and financial transaction management across lottery operators in Mato Grosso do Sul.

The concession will also require the winning company to deliver the complete source code and database to the state government at the end of the contract period.

Good to know

Caixa, which operates Brazil’s federal lottery system under Government mandate, recently published an updated Product Manual consolidating the regulatory framework

Reaction Board

News Analysis

View All
The new kings of US election donations

The new kings of US election donations: AI, crypto and sports betting

During this year's US midterm election cycle, corporate donations reached a record of $648m, with crypto, AI and online betting companies accounting for $344m.

6 min read • • By Patrick Fasolis
Alina Mihaela Popa Interview

Alina Mihaela Popa: Three techniques that make a flagship product

Iconic21's Chief Commercial Officer discusses how to grow an iGaming franchise.

4 min read • • By Will Underwood
SiGMA World Themes: AI, Crypto and more

SiGMA World preview: AI, crypto and the event's biggest themes

Experts from all over the world and across the whole industry will gather in November to discuss some of the biggest topics in gambling.

5 min read • • By Patrick Fasolis

In The News

View All