Tag Archives: intralot

Intralot expands Bulgarian market presence with Eurobet investment

Updating the market, Athens listed lottery and gambling technology provider Intralot SA has confirmed that it has acquired a strategic stake in Eurobet Bulgaria. Intralot governance processed a 49% equity stake in Eurobet via its Bulgarian subsidiary BILOT. INTRALOT. Declaring its investment in Eurobet, Intralot governance stated that its venture investment would help ‘strengthen its market presence in Eastern Europe’. …

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New business contracts boost Intralot confidence for 2016

Posting its full-year 2015 corporate performance, Athens listed gambling and lottery technology provider Intralot SA declared a net earnings declined to €25.7 million, down 30% on FY 2014’s €36.5 million. Despite the decrease in group earnings, Intralot governance remained pleased with 2015 performance citing that the company had gained new contracts (US, Netherlands, Brazil and Morocco) in challenging market conditions. …

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Intralot Group and Gamenet merger

It has been announced that Intralot Group and Trilantic Capital Partners Europe, the controlling shareholder of Gamenet, have signed a deal which will see the group’s Italian activities merge with Gamenet. Intralot will reportedly control 20% of the combined operations which will see the group become one of the largest operators in the Italian gaming market once the deal is completed. This …

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Mondogoal partners with Intralot for Italy launch

Fantasy football platform Mondogoal has announced that it has partnered with Intralot as it launches a new Italian facing site. The daily fantasy sports provider includes real money and free play options, and will include the same for its Italian market product. CEO Shergul Arshad said of the news: “Italian users will now have an enhanced gaming experience similar to our …

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INTRALOT has Acumen to target Kenya with mCHEZA

INTRALOT Group has become the latest brand to target the Kenyan betting market after announcing a 10-year cooperation with Acumen Communications Limited (ACL) to organise sports betting in Kenya, under the brand name ‘mCHEZA’. ACL is a local company authorised and regulated by the Betting Control and Licencing Board of Kenya under the Betting, Lotteries and Gaming Act. ‘mCHEZA’ was …

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Kenyan sports betting boom continues with mCHEZA launch

A partnership between global gaming company Intralot and Acumen Communications Ltd (ACL) has produced mCHEZA. This is the latest company to be launched in the expanding sports betting industry in Kenya. At the official launch in the capital city of Nairobi, a company spokesperson stated: “mCHEZA is a simple, fun and interactive platform on which fans can put their money on football …

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INTRALOT 2015 performance impacted by weakened € rate

Updating the market Athens listed lottery and gaming systems provider INTRALOT Group reported a 3.8% increase in consolidated revenues to €1.38 billion for its year to date (Q1-Q3 2015 – period ending 30 September) corporate performance. Like many European listed operators, INTRALOT 2015 performance has been impacted by weakening € exchange rate. The firm would report EBITDA earnings of €132 …

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INTRALOT and Bit8 mark strategic alliance

Major gaming group INTRALOT and Bit8, a global innovator in online customer relationship management, have celebrated their Strategic Alliance hosting a reception at Hilton Malta in the presence of the Prime Minister of Malta, Hon. Dr. Joseph Muscat. The event was honoured by the presence of governmental officials, prominent members of the Maltese business community and media representatives. Taking the …

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INTRALOT gains WLA Responsible Gaming Certification for lottery services

International lottery supplier INTRALOT has announced that it has been awarded for its global lottery operations with the prestigious WLA Responsible Gaming Framework Certification for associate members by the World Lottery Association (WLA). As a leader of the gaming sector and a Platinum Contributor of WLA, in 2012 INTRALOT received an invitation to participate in a Responsible Gaming (RG) pilot …

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Intralot secures 35% stake in bit8 platform

Greek lottery and gambling systems operator Intralot has bolstered its digital gaming and sports betting services by confirming it has acquired a 35% stake in digital gambling platform provider bit8. Intralot did not disclose the acquisition sum of its stake in Bit8, however the company informed that it had first option on increase its stake in the platform provider to …

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