November 7, 2019 / 9:43 AM / a month ago

Turkish Wealth Fund mandates advisors for horse racing, betting licenses

ISTANBUL, Nov 7 (Reuters) - Turkey’s Wealth Fund on Thursday said that it mandated the Development and Investment Bank of Turkey and Ernst & Young Turkey to evaluate strategies of horse racing and betting operations.

It said in a statement that the aim is to assign one or more qualified private operators over a pre-determined term with the support of advisors. (Reporting by Birsen Altayli; Writing by Ali Kucukgocmen; Editing by Jonathan Spicer)

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