Athens-listed gambling technology group Intralot SPA has posted a further quarter of negative declines across its core business metrics and KPIs as it continues to focus on a business transformation programme to counter corporate headwinds for its operating markets. Publishing its latest Q3 2019 trading statement (period ending 30 September), Intralot reports a 6% decrease in year-to-date revenues of €555 million …
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Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has secured the lead systems supplier contract for the newly reformed ‘Milli Piyango’ – Turkey’s National Lottery. The company’s instant win catalogue and Wave retailer terminals have been selected as core systems by the winning joint venture of Italian gambling operator Gruppo Sisal and ‘Şans Dijital’ – the digital division of Turkish multi-media conglomerate …
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Publishing its 2019 interim results (period ending 30 June), Athens-listed gambling technology group Intralot SPA reports continued operating declines across its three core business verticals of ‘Licensed Operations’, ‘Management Contracts’ and ‘Technology Provisions’. A tough H1 2019 trading period sees Intralot governance outline multiple factors impacting the company’s performance, including negative currency fluctuations, macro impacts, decreasing management contracts combined with further …
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According to an industry source, Scientific Games has been selected to exclusively supply its lottery instant games, Wave retailer terminals and instant ticket validation system to the consortium selected by the Turkey Wealth Fund to run the Turkey National Lottery. A joint venture (JV) between Italy’s Sisal and Turkish media giant Demirören Holding has secured the operating rights to the …
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As anticipated Nasdaq gambling technology group Scientific Games Corporation (SGC) has announced a major supplier win, confirming that it will takeover the management of the Turkish IDDAA sports betting concession, in partnership with Turkish media conglomerate Demirören Holdings. Servicing 5,300 Turkish retail betting points, SGC and Demirören have established new joint-venture ‘Şans Girişim’, the company which will operate the ten-year …
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Issuing a short market statement, Athens-listed gambling/lottery technology group Intralot SA has confirmed the resignation of Antonios Kerastaris as Group Chief Executive and a member of the firm’s board. Updating investors, Intralot governance confirms that current Executive Chairman and enterprise founder Sokratis Kokkalis will re-take leadership of the firm’s day-to-day operations as Group CEO. Kerastaris ends his five-year tenure as …
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This week’s 6 of the Best comes from Paul Marcantonio, Head of UK & Western Europe at ECOMMPAY. Read on to discover which England international side provided a sporting highlight, a best bet that hasn’t yet landed and which category proved to be particularly tough. Best Holiday Not a particularly glamorous, but my best holiday experience was/is Olu Deniz in …
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Celebrating its fifteenth year in business within the Turkish betting and lotteries market, Athens-listed gaming and lottery systems provider Intralot SPA has announced a major investment plan in strategic asset – INTELTEK. Issuing a market update, Intralot governance confirms that it has begun development on an ‘INTELTEK – Global Research & Technology Development Centre which will be housed in Turkey, supporting …
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Galatasaray SK, Turkey’s biggest sports club has confirmed that it has secured a 2-to-3 year sponsorship with Intralot subsidiary Bilyoner Interaktif (Bilyoner.com) becoming its new ‘official betting partner’. Updating the media, Galatasaray Chairman Mustafa Cengiz disclosed that Bilyoner had committed to a 2-year sponsorship agreement set at TRY 8 million per season (€1.3 million) – a new deal valued at …
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Athens-listed gambling and lottery systems provider Intralot SPA has confirmed that its Turkish subsidiary INTELTEK will continue to act as lead ‘operations and technical support partner’ of Iddaa betting shop/points. Issuing a short market update, Intralot confirms that Turkish state-owned gambling enterprise SporToto has agreed to extend its Iddaa technology agreement with INTELTEK for a further year, commencing 29 August …
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