Tag Archives: Intralot INC

Intralot maintains EBITDA growth in H1 of B2C adjustments

SBC News Intralot maintains EBITDA growth in H1 of B2C adjustments

Intralot SA highlighted its enhanced operational earnings and cash flow despite commercial adjustments that affected its revenue performance. Releasing its H1 2023 interim trading results, the Athens-listed gambling technology group reported corporate revenues of €175m, a 14% decrease from the 2022 comparative results of €205m. The decline in headline revenues was mainly due to Intralot discontinuing its Malta business, which …

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Intralot sees Q1 improvements lower debt load

SBC News Intralot sees Q1 improvements lower debt load

Intralot SPA cites confidence in achieving its headline 2023 objectives of improving profitability and reducing long-term debt.  The Athens-listed gambling technology group maintains its full-year expectations as Q1 revenues stand at €83.4m, a 4.5% increase from the same period in the previous year, despite encountering an 8.4% decrease in turnover to €89.5m. The decrease in turnover was attributed to the …

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Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

SBC News Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

Intralot SPA has cited a return to a ‘better operational efficiency’ as the Athens-listed gambling technology group delivers improved EBITDA results despite registering a decline  in headline revenues.     Publishing full-year 2022 results, Intralot registered group revenues of €392m, reflecting a 5.1% decrease compared to FY2021 results of €414m. The decline in headline revenues was primarily attributed to the license expiration …

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Nikolaos Nikolakopoulos to oversee Intralot stateside operations

Intralot US

Intralot SA has made major changes to senior management of its international operations, transferring Nikolaos Nikolakopoulos to duties as CEO of its Intralot Inc US subsidiary.  The solutions developer, which produces B2B lottery, betting, gaming and digital services products, has moved Nikolakopoulos from his position as Deputy CEO of the wider group. Nikolakopoulos will assume leadership of the Atlanta-based subsidiary …

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Intralot returns to H1 profits but warns of global headwinds

SBC News Intralot returns to H1 profits but warns of global headwinds

Intralot SPA has declared a ‘steady first-half of year’ as group leadership continues to monitor drastically changing economic and political dynamics impacting the value chain of its global business. Publishing its interim H1 2022 trading statement, the Athens-listed gambling and lottery technology group reported corporate revenues of €205m (H1 2021: €203m). A breakdown of product performance saw Intralot’s Lottery services …

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Intralot hails Sokratis streamline as business tracks YTD earnings of €57m   

SBC News Intralot hails Sokratis streamline as business tracks YTD earnings of €57m   

Intralot SA cites confidence in achieving its 2021 financial objectives, as the group’s trading benefits from a reorganised structure supporting an all-unit business recovery.  Publishing its nine-month 2021 trading report, Intralot has registered group year-to-date revenues of €303 million, up 24% on 2020 YTD comparatives of €243 million.  The Athens-listed technology group cited that top-line growth was driven by a …

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Intralot completes US Inc focused capital restructuring 

SBC News Intralot completes US Inc focused capital restructuring 

Intralot SA has secured a final settlement on its debt-note and capital restructure, undertaken to deepen its financial resources and accelerate the growth of its North American Intralot Inc unit.       The Athens-listed gambling technology group reports that on 3 August it was allowed to issue new debt-notes totalling £242 million, which will be maintained under the Intralot Inc domain. …

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Intralot renegotiates fiscal duties to help drive Sokratis’ US vision

SBC News Intralot renegotiates fiscal duties to help drive Sokratis' US vision

Sokratis Kokkalis, founder and chief executive of Intralot SPA, has underscored the technology group’s ‘business priority’ to bolster and accelerate all North American units, services and customer contracts.     Having retaken leadership of the Athens-listed group last November, Kokkalis presented Intralot’s new strategic vision to investors at the firm’s AGM on Tuesday 29 June. Despite facing ongoing COVID-19 adjustments across its …

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Intralot appoints Byron Boothe as US CEO

SBC News Intralot appoints Byron Boothe as US CEO

Athens-listed gambling technology and lottery systems provider Intralot SA has confirmed the promotion of US executive Byron Boothe as Chief Executive of its North American subsidiary INTRALOT Inc. Since 2019, Boothe has led the firm’s US operations as Interim CEO of INTRALOT Inc. The 13-year company executive has formerly served as INTRALOT Inc’s Vice President of Government Relations, leading the …

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