Tag Archives: Intralot
Greece – Turnover down 16.6 per cent at Intralot
Greek betting giant Intralot reported gaming revenues of €292.9m for 2020, down 14 per cent from 2019 whilst over all turnover came in at €364.8m, down by 16.6 per cent. Intralot Chairman & CEO Sokratis P. Kokkalis noted: “During the financial year 2020 we faced the adverse effects and disruptions of the COVID-19 pandemic, which…
Peru – Intralot offloads entire stake in Intralot de Peru
Greek lottery and betting company Intralot is selling its 20 per cent shareholding in Intralot de Peru to Nexus group via NG Capital Partners II and its wholly owned subsidiary NG Entertainment for $21m. It will continue providing its gaming technology and support services to Intralot de Peru SA until 2024. Intralot de Peru is…
UK – Algosport pens supplier agreement with Intralot
Algosport has signed an agreement to provide bet builder products to Intralot. Under the terms of the deal, current and future Intralot customers will access bet builder products initially for pre-match football, but with the ability to expand to include in-play betting options across a variety of sports, with cash out supported as standard. Algosport’s…
Greece – OPAP extends contract with Intralot
Intralot has confirmed that OPAP, the leading Greek gaming operator, has exercised its two-year extension option of the contract with Intralot for the continuation of the collaboration of the two companies in the field of numerical lotteries and services from August 2021 to July 2023. This extension allows Intralot to continue providing its state-of-the-art Lottery…
US – Simplebet to launch first-ever in-play, automated real money betting in the US
Simplebet will launch the first-ever in-play, fully automated real money Micro-Market betting offering in the US in Washington, D.C. via its partnership with Intralot. Simplebet’s proprietary Micro-Markets pricing engine combines automated market mechanics of a betting market (i.e. creation, suspension, repricing, and resulting) with odds for each potential outcome of a respective occurrence. Users of…
Greece – Intralot enters lock-up agreement with noteholders
Intralot has entered into a lock-up agreement with an ad hoc group of noteholders, holding in excess of 75 per cent of the Є250m senior unsecured notes due 2021, pursuant to which the parties agree to support the balance sheet optimisation transactions. Members of the Ad Hoc Group also hold in excess of 13 per…
US – Appeals Court kicks out claim over Intralot’s award of Washington D.C. sports betting contract
The appeal from Dylan Carragher, a Washington D.C. businessman, contesting the $215m sports betting contract awarded to Intralot has been rejected by the appeals court. Carragher claimed the sole-source contract violated the federal Home Rule Act and the D.C. Procurement Practice Reform Act of 2010 in bypassing the tender process. The D.C. Court of Appeals…
Malta – Malta’s National Lottery operator goes online with Intralot LotosXi
Intralot has launched LotosXi at Maltco Lotteries, enabling Malta’s National Lottery operator to go online with internet lottery gaming. Consistent with its strategy for digital transformation, Maltco Lotteries takes its players’ favourite games Super 5, Lotto, Quaterno+, Superstar and Quick Keno to an exciting new level through INTRALOT’s LotosXi, a powerful solution for Digital Lotteries….
US – Intralot secures extension of coin-op deal with the Georgia Lottery Corporation
Intralot has signed a contract extension through 2029 to continue its six-year partnership with the Georgia Lottery Corporation providing advanced services for the operation of its COAM (Coin Operated Amusement Machines) project. INTRALOT Group CEO, Dr. Chris Dimitriadis said: “I would like to thank the Georgia Lottery Corporation for our continuing long-term partnership, that targets…
