INTRALOT S.A. has renewed its contract between subsidiary INTRALOT Inc and the Arkansas Scholarship Lottery for a seven-year period starting in August 2019.
The value of this contract is estimated at approximately $70m.
Over the past eight years, INTRALOT provided the Arkansas Scholarship Lottery with a full suite of competitive lottery services, including a secure and flexible central gaming system for all current in-state and multi-state draw games, retail terminals and retail network equipment, inventory control and logistics for the Lottery’s full array of instant ticket games and Fast Play games, as well as other operational services.
Arkansas Lottery director Bishop Woosley said: “Intralot has served as a valuable partner to our agency over the past eight years. They have provided excellent service and support, which has helped the Arkansas Lottery raise over $700m for scholarships for Arkansas college-bound students. We look forward to continuing this successful partnership for many years to come.”
The extended renewal provisions include the back office and central system, a retailer sales optimization tool, 400 in-store player booths, 400 high definition advertising displays and 2,200 high-speed Photon terminals with unsurpassed digital camera technology.
The new terms also include a rate of 2.11 percent for the benefit of the state, scholarships and grant recipients in pursuit of a higher education within the state.
John Donahue, CEO of INTRALOT Inc., stated: “We are thrilled over this new engagement with the Arkansas Lottery and their experienced staff. They will continue to be a front-runner in technology and innovation as we empower their business through INTRALOT’s proven solutions.
“We look forward to the next seven years and the positive impact it will have on the State of Arkansas,” he added.