Gambling with Turkey's wealth fund

Gambling with Turkeys wealth fund
Date: 8.11.2019 13:00

Instead of strengthening the 'Wealth Fund' by laying factory foundations, they began to strengthen it with horse racing and betting.

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Founded allegedly assessment of the accumulation of these countries, Turkey Wealth Fund (TVF), horse racing and domestic regulations with accepting bets on horse races held abroad began to purchase services related to the licensing process. In other words, the Asset Fund will make gambling money for the existence of this country by placing bets on horse racing. The fund will gamble with our presence to strengthen the betting industry and add more gambling money to the state vault!
 

CONTRIBUTION TO THE DEVELOPMENT OF THE SECTOR!

 
Turkey Wealth Fund (TVF), service procurement issues that do not accept bets on horse races held abroad, with domestic and international regulations under licenses for horse racing with plans. TVF, as its financial advisor in the process of Turkey Investment and Development Bank, Inc. and Ernst & Young Turkey, will work with the Lexist Law Firm as legal counsel. After the review of financial advisors, the model that will support the development of the sector and provide the most benefit to the public will be decided on the duration of service procurement. Following the evaluation criteria, national and international strategic players experienced in this field will be invited to the process.
 

WORLD STANDARDS IN FABRIC!

 
Turkey Welfare Fund Board Member and General Manager Zafer Sonmez, "existing horse racing system rooted in our country and stating that a long history, we believe that more TVF as a high potential in this regard. In order to increase the public benefit, while increasing the turnover and reducing the costs relatively, we aim to implement a model that will bring horse racing and horse racing betting games to world standards," he said.
 
Turkey from Asset Fund (TVF), according to the statement, "The licenses covered horse racing regulation and betting on horse races held abroad by domestic is scheduled for service procurement issues acceptance owners."
 
TVF, as its financial advisor in the process of Turkey Investment and Development Bank Inc. (MOA) and Turkey EY (Ernst & Young), will work with the Lexist Law Firm as legal counsel.
 

FUTURE TO THE WORLD STANDARDS!

 
In a statement given to the views Turkey Welfare Fund Board Member and General Manager Zafer Sonmez, our country existing horse racing system established and stating that a long history, "We believe TVF the more this issue is a high potential. In order to increase the public benefit, we aim to implement a model that will bring horse racing and horse racing betting games to world standards while increasing the turnover and reducing costs in relative terms. the process at the races as well as the National Lottery game in line with our mission of adding value to Turkey, we aim to complete successfully," he said.

YEREL HABERLER

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