Tag Archives: Antonios Kerastaris

Intralot confirms departure of Antonios Kerastaris as Group CEO

Issuing a short market statement, Athens-listed gambling/lottery technology group Intralot SA has confirmed the resignation of Antonios Kerastaris as Group Chief Executive and a member of the firm’s board. Updating investors, Intralot governance confirms that current Executive Chairman and enterprise founder Sokratis Kokkalis will re-take leadership of the firm’s day-to-day operations as Group CEO. Kerastaris ends his five-year tenure as …

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INTRALOT appoints ‘partnership pro’ Fernando Ors Villarejo as US sports betting lead

Athens-listed gambling and lottery systems provider INTRALOT SA has this morning confirmed the appointment of Fernando Ors Villarejo as new President of Sports Betting at INTRALOT Inc – the firm’s North American division. A twenty-year industry veteran, Villarejo joins INTRALOT’s US executive from Bolsa Madrid gambling firm Grupo Codere, where he led new market initiatives as joint Chief Development and …

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Intralot records revenue growth but increased debt for Q1 2018

Athens listed gambling technology and lottery systems supplier Intralot recorded solid revenue growth for its Q1 2018 trading.  The firm reports a modest gross gaming revenue (GGR) increase of 2.5% for Q1 2018, which was further complemented by solid revenue (+12.7%) and EBITDA growth (+15.6%), while group revenues rose by 4.3% in Q1 2018 compared to the previous period of 2017. …

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Intralot recruits Michael Kogeler as Group COO

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Greek lottery and gaming systems provider Intralot has announced the appointment of Michael Kogeler as Group Chief Operating Officer, following an extensive international search process. Taking up his post next month, on May 2, Kogeler is set to be responsible for “business orchestration of its operations around the world,” more specifically dealing with the firm’s relationships with partners and customers, as …

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Intralot secures further Greek OPAP lead lottery supplier extension

Updating the market, Athens-listed lottery and gaming systems provider Intralot has confirmed that it has secured a three-year extension to its lead lottery provisions arrangement with leading Greek market gambling operator OPAP. Intralot will continue to act as the main supplier of OPAP’s ‘numerical lottery products’ and related services. The partnership extensions will see Intralot upgrade OPAP’s lottery management platform, …

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Intralot posts ‘steady’ 2017 trading eyeing new contract growth

Presenting its year-to-date trading statement (period ending 30 September), Athens-listed industry gaming and lottery systems supplier Intralot SA has reported a strong corporate momentum, as the company reports growth across its core metrics. For its YTD performance, Intralot reports a consolidated group revenue increase of 13% to €1,085 billion. The company reported a strong Q3 sales performance in the US, …

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Intralot confirms appointment of John R Donahue as USA MD

Athens-listed Lottery and gambling systems provider Intralot SA has confirmed the appointment of John R Donahue as Chief Executive Officer of its USA Division. A thirty-year lottery and gaming veteran Donohue joins Intralot from competitor Scientific Games, where he acted as Managing Director of International Systems. Donohue has further held leadership positions at IGT and Sirius Gaming. As MD of …

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Business transformation bears fruit for Intralot Group in 2016

Publishing its full-year 2016 financial results, Athens-listed gambling and lottery systems provider Intralot Group has stated that its operations are beginning to ‘reap the rewards of its business transformation’. Presenting its full-year 2016 breakdown, Intralot governance would report a 7% increase in group revenues to €1.32 billion (FY 2015: €1.25 billion). The firm states that its revenue capabilities have been …

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Intralot forms omni-channel focused strategic partnership with Amelco sports betting

Global lottery and gambling systems provider Intralot has formed a strategic partnership with sportsbook trading software supplier Amelco to develop a string of new omni-channel products. The innovation-led partnership will see Athens-listed Intralot co-develop new omni-channel sports betting products/services utilising Amelco ATS platform modules. Announcing the partnership, Intralot governance stated that the strategic partnership was needed in order to fulfil …

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New product & project delivery aids Intralot 2016 revenues, but investment hinders group earnings

Presenting its Q3 2016 trading update (period ending 30 September), the governance of Athens-listed gambling systems provider Intralot has stated that the company is beginning to reap the benefit of its new products and projects. Intralot governance pointed to the firm’s marked improvement in group turnover, which had seen it post a 16% increase in Q3 2016 revenues to €320 …

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