Tag Archives: intralot

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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Hot Contest…Brazil opens up tender process for LOTEX instant win games

Brazil’s Finance Ministry has confirmed that it will begin the tender process for the privatization of its state-owned lottery instant-win games operator Loteria Instantânea Exclusiva (LOTEX). The LOTEX tender process will be open to national and international gambling operators and will be handled by Brazil’s National Bank for Economic & Social Development (BNDES). Brazilian business news reports have detailed that …

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Intralot maintains US position with Vermont Lottery contract renewal

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 …

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Sokratis Kokkalis – Intralot governance eyeing US & Turkey opportunities

Athens-listed lottery and gambling systems provider Intralot SA has set out its mandate for continued international expansion following the firm’s annual general meeting. Detailing expansion beyond its home market of Greece, company Chairman Sokratis Kokkalis has pointed to the continued US market expansion where Intralot currently services 12 states with 600 employees. Furthermore, Kokkalis detailed to investors the firm’s positive …

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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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Totolotek partnership sees Betradar first in Polish market for Virtual Sports

Intralot Polish market subsidiary Totolotek has partnered with Betradar’s Virtual Sports division, bringing the first set of Virtual Games to Poland’s newly reformed gambling market. Updating stakeholders, Betradar informed that it would supply Totolotek betting retail points with initial Virtual Sports simulations of its popular content for football, horseracing and greyhounds. New provisions attached to Poland’s reformed Gambling Bill which …

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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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Intralot shows support for gambling addiction in Athens

Intralot showed its continued support for ‘KETHEA’ by participating in the 34th Athens Marathon on Sunday 13th November. ‘KETHEA’ is the largest rehabilitation and social reintegration network in Greece, and helps people suffering from major forms of addiction including gambling. It was the fifth consecutive year in which Intralot runners have completed the 5 km, 10 km and 42 km …

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