Tag Archives: Sokratis P Kokkalis

Intralot continues unit turnaround benefiting from leaner global profile  

Intralot SPA reports a significant improvement in trading, delivering growth across all business units as the Athens listed gambling technology group moves to advance its US market profile.  Publishing its H1 2021 trading results (period ending 30 June), Intralot achieved group revenues of €202 million – up 34% on corresponding 2020 results of €150 million. Revenue growth was attributed to …

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Intralot divests Brazil subsidiary to Saga

Intralot SA has confirmed the sale of its entire stake in Intralot do Brasil Comércio de Equipamentos e Programas de Computador LTDA (Intralot do Brasil) to Saga Consultoria e Representações Comerciais e Empresariais (Saga). The total cash consideration for the stake sale amounts to €700,000 and it represents 80% of the company’s voting capital. Saga is the only other shareholder of Intralot …

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Intralot delivers stable 2020 earnings despite system shocks

Athens-listed Intralot SA has published its financial results for the 2020 fiscal year, prepared in accordance with IFRS, noting an almost 17% decline in revenue after its lottery and sports betting industries were significantly impacted by the COVID-19 pandemic. For the 12 month period which ended on December 31, 2020, Intralot declared a group revenue of €364.8m, a 16.6% decrease …

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