Operator News
Greece – Intralot passes €1.5bn mark for the first time
By Phil - 27 March 2014
Revenue at Greece-based lottery and gaming group Intralot has smashed the €1.5bn mark for the first time, following a 36 per cent jump in net profit to €21.3m for the full 2013.
Consolidated revenue increased by 12 per cent compared to the previous year reaching €1,539.4bn in 2013.
Intralot Group CEO, Constantinos Antonopoulos, said: “2013 was an important year for the Group, since we won several new contracts in Europe, Asia and Australia, and we renewed major contracts in the US, Europe and Asia. Moreover, we launched innovative products in the interactive and retail fields, such as the Mobile Lottery, Virtual Games, the Multi-channel Lottery, DreamTouch, iGEM and DeepStack Casino.”
“In 2013 Intralot managed to deliver a strong set of financial results across the board and we are very proud of this,” he added. “As the CEO of the Group I would like to comment on the future for which we have redefined our key priorities and I would like to focus on our recent internal corporate reorganization, which was performed with the assistance of The Boston Consulting Group. After many years of enduring success and strong global growth, we have decided to consolidate the company’s global operations, products and services and technology, in order to create a more flexible and effective structure.”
Intralot Group is now organised into four distinct divisions: Global Operations & Sales, Products & Services, Technology and Finance. The new organisational structure focuses on operational excellence, creating synergies between the Headquarters and the Group subsidiaries, while promoting innovation across the company, integrating technology and products and services.
“Our aim,” said Mr. Antonopoulos, “is to meet the needs of our customers, increase shareholder value, create robust financial results, and economies of scale, as we will become more innovative and also capitalise on our existing Global infrastructure and presence. Being present in 57 jurisdictions and with 84 contracts in its portfolio, Intralot is very well placed to capitalise on its existing projects, both in terms of introducing new technologies and new games as well as in terms of obtaining additional contracts. Operating in an industry that constantly evolves, with many opportunities and challenges arising from the business, technological and regulatory changes, we are best positioned to benefit and extract maximum value for our stakeholders. I am confident that the new participatory management structure will bring Intralot Group to a new path of growth and success.”
