Tag Archives: intralot

Gamenet aims for Italian top spot with €265 million acquisition of GoldBet

Italian gambling group Gruppo Gamenet SPA has today signed a ‘binding agreement’ to acquire a 100% share capital in betting operator GoldBet offering a deal-value of €265 million (£240 million) Updating the market, Gamenet will move to acquire outright Goldbet’s 990 Italian betting points, and will further gain the firm’s related digital properties. At present, Goldbet is considered Italy’s biggest …

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Three new members announced for Sports Betting Hall of Fame

Nominations have opened for the latest inductees to the Sports Betting Hall of Fame, which recognises those people who have made an outstanding contribution to the industry. In a revamped ceremony, this year’s Hall of Famers will be recognised at a lavish event held at the prestigious National History Museum (Thursday 20 September) during Betting on Sports Week. This year …

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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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Nikos Konstakis appointed as SG Digital’s VP of Sportsbook Product

Scientific Games Corporation has strengthened the senior management team of SG Digital with the appointment of Nikos Konstakis as its new Vice President of Sportsbook Product. Konstakis will be responsible for overseeing OpenBet’s product development roadmap and delivering and enhancing its sportsbook proposition for its customers following the Supreme Court’s overturning of PASPA.   Konstakis has a wealth of industry …

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Intralot recruits Michael Kogeler as Group COO

BetBright

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’s Totolotek sees European Lotteries renewal

Greek lottery and gaming systems provider’s Intralot Group has announced that one of its subsidiary’s, Polish firm Totolotek S.A, has been re-certified by European Lotteries (EL) for its responsible gaming (RG) principles. The country’s “longest running omni-channel betting” company, Totolotek successfully passed the certification through an external audit, carried out by the independent EL-approved assessor TUV, for offering players the …

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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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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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