SBC News Voice of the Sports Betting Industry
Updating the market, Athens-listed gambling and lottery systems provider Intralot SA has confirmed that it has secured a two-year lead services/provisions extension with the US Vermont Lottery.
The renewed contract will see Intralot act as lead systems provider for the Vermont Lottery until 2020, with Intralot governance valuing its extension at approximately $5 million.
Updating investors, Intralot detailed that the Vermont Lottery would integrate new provisions beyond gaming systems and terminals. The extended renewal provisions include additional retailer jackpot signs, graphical rebranding of the player-activated lottery vending machines, and a state-of-the-art field sales software solution with related equipment.
Vermont Lottery Commission Chair Sabina Haskell said: “We are pleased to announce that we extended our contractual agreement with INTRALOT, and we look forward to continuing our relationship with them.”
Speaking to investors last May, Intralot Group Chairman Sokratis Kokkalis detailed that his firm would continue to emphasise growth and expansion with the US and Turkish markets, as a key dynamic for corporate growth.
John Donahue, CEO of Intralot USA commented on the renewal of Vermont Lottery services
“We are very pleased and excited about this agreement with the Vermont Lottery. This allows INTRALOT to continue to provide to one of our most valued customers, INTRALOT’s leading gaming solutions. I would like to personally thank the Vermont Lottery Management Team for their trust. Our experienced US team will closely cooperate with the Vermont Lottery in the new period to help the Lottery meet its goals for responsible growth and greater returns for good causes.”
