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Greece – Intralot delighted with Hellenic State Lotteries deal

By - 31 July 2013

Hellenic Lotteries, a company in which Intralot participates together with OPAP S.A. and Scientific Games (SGI), has signed the exclusive license contract with the Hellenic Republic Asset Development Fund (HRADF) for the production, operation, circulation, promotion and management of the Hellenic State Lotteries (Instant and Passive Tickets).

The contract has a 12 years duration starting from the lotteries’ operations launch, which is expected within six months following the contract’s ratification by the Hellenic Parliament and the relevant approvals of the competent regulatory authorities.

In addition to its shareholding participation, Intralot has signed related supply contracts with Hellenic Lotteries S.A., to provide all required technology, central system operation services, central system and network equipment maintenance and technical support services, and logistics and tele-sales services. Furthermore, Intralot in cooperation with OPAP S.A. will develop a new State Lotteries points of sales network, in addition to the current network of OPAP agencies, which is expected to contribute significantly to the development of the lotteries and, in particular, of the new scratch lottery.

Intralot has operated the Instant Lottery (Scratch) in Greece from 1993 to 2003, one of the most successful and profitable projects worldwide.

Intralot Group CEO, Constantinos Antonopoulos, stated: “We are very pleased with the new project undertaken by the consortium in which Intralot participates. We are confident that the upgrade of the state lotteries and the new scratch lottery, one of the most successful games worldwide and also in the Greek gaming market, will bring important benefits to the Greek government and to the company’s shareholders. The strong structure of the consortium, the international experience of its members and their strong presence in the Greek market guarantee the success of the new company.”

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