Friday, December 9, 2022

Tag: Intralot

Intralot celebrates WyoLotto success

Intralot has congratulated its partners at Wyoming Lottery Corporation on surpassing $5.4m in local treasury transfers in FY2019. This is the highest annual transfer total to the State Treasurer’s Office since WyoLotto launched in August 2014. This comes in addition to the recent Sharon Sharp Award that WyoLotto received for being the lottery that achieved the highest percentage increase in...

Sokratis Kokkalis becomes Intralot CEO

INTRALOT S.A. announces that, effective today, the Chairman of its Board, Mr. Sokratis Kokkalis, assumes also the duties of Chief Executive Officer, following the resignation of Mr. Kerastaris as CEO and Executive Member of the Board of

Intralot marks “low-risk” market as key to US expansion

Intralot has announced that going forward the company will dedicate itself to “low-risk markets,” with the growing US sports betting industry a specific point of focus. The gambling services provider, which recorded an 11.4 percent increase in revenue…

Intralot secures Turkish extension as US market gains pace

Turkish Intralot subsidiary Inteltek has confirmed it will continue its operational partnership with the country’s state-owned gambling operator SporToto. The gambling and lottery systems provider, which first launched the popular fixed odds Iddaa …

Intralot eyes up US sports betting market after first quarter figures

Sports betting
Gaming supplier Intralot has reported a 4 per cent increase in turnover to €280.7m for the first quarter of 2018, with its licensed B2C operations representing nearly 70 per cent of the total. The betting operator saw its systems handle €6.3bn...

Intralot presents retail solutions for the digital age

Much has been said about the potential for mobile gaming to thrive in Africa. With the advent of a range of innovative mobile payments systems and the increasing proliferation of smartphones - not to mention an increase in digital infrastructure - markets such as Nigeria, Kenya and South Africa seem ready-made for a mobile-first strategy.   According to Dr. Nick Papadoglou,...

Intralot receives anti-bribery management systems certification

INTRALOT _Certification anti-bribery
Intralot has become one of the first companies in the gaming industry globally to be certified under the ISO 37001 standard for anti-bribery management systems.   The certification was granted to Intralot Group CEO, Antonios Kerastaris, during an official ceremony held at the company’s premises in Athens on March 21 in the presence of the senior management of Intralot and TÜV HELLAS...

INTRALOT successfully prices 7-year, E500m senior notes with a yield of 5.25 percent offering

INTRALOT Iconic Pavilion_3 arkanas e500m
INTRALOT has announced the successful pricing of an offering of E500m, 7-year Senior Notes due 2024 with a coupon of 5.25 percent to be issued by its indirect subsidiary INTRALOT Capital Luxembourg, a public limited liability company incorporated under the laws of the Grand Duchy of Luxembourg.   Morgan Stanley acted as Sole Global Coordinator and Joint Bookrunner in the transaction. More...

INTRALOT named as top sponsor for NASPL

intralot naspl
Atlanta-based INTRALOT will be participating in the North American Association of State and Provincial Lotteries (NASPL) exhibition as a top sponsor.   The event is taking place 13-16 September in Portland, Oregon. The company’s booth will feature end-to-end retail and online solutions “addressing lotteries’ modernisation needs in the digital era,” INTRALOT said in a statement. Separated in four areas, Retail Lottery,...

Intralot sees revenues up by 15 percent

Betting Business - Intralot
Intralot, an international gaming solutions and operations provider, saw 15.1 percent revenue growth as it announced its financial results for the six month period ending 30 June, 2017.   Intralot Group CEO Antonios Kerastaris (pictured) said: “Continued double digit revenue growth and profitability improvements are directly linked to reforms implemented in the previous year and more specifically to our M&A and partnership...

Intralot ‘reap the rewards of its business transformation’

Betting Business - Intralot
Publishing full year 2016 financial results, gambling and lottery systems provider, Intralot Group, has announced that its operations are starting to ‘reap the rewards of its business transformation’.   The group has notably posted a seven percent increase in revenues from E1.25bn up to E1.32bn. The company has stated that such progress had been boosted by new gaming systems and product...

INTRALOT extend Idaho Lottery contract for decade

Betting Business INTRALOT Idaho Lottery Deal
The Idaho Lottery is looking to work with INTRALOT in order to modernise its offering and serve its beneficiaries. INTRALOT Inc, a US subsidiary of INTRALOT Group has signed a supply contract with the Idaho Lottery.  The deal, which was completed after an open and highly competitive bidding process, is for a ten year period starting October 1, 2017, with...

INTRALOT announces aggressive revenue growth during Q3

Betting Business Intralot
The integrated gaming systems provider, INTRALOT, has confirmed positive growth in its Q3 results with substantial revenue secured through new product and service launches.   INTRALOT Group CEO Antonios Kerastaris has made an upbeat statement following the announcement of the 3Q 2016 results. In a press release issued to gaming and financial media, he said: “INTRALOT Q3 was marked by aggressive organic...

Marathon effort from INTRALOT raising money for KETHEA

Betting Business Intralot
INTRALOT have put their best foot forward in a bit to raise money for KETHEA by taking part in this year’s Athens Marathon.   INTRALOT participated in the 34th Athens Marathon raising money for KETHEA, the rehabilitation and social reintegration network which helps people suffering from major forms of addiction including gambling, drugs and alcohol. Mrs. Alina Papageorgiou, Group HR Director, stated:...

Tom Little steps down as CEO of Intralot USA

Tom Little has stepped down as president and CEO of Intralot USA after nearly fifteen years in the role, to be replaced on an interim basis by Nikos Nikolakopoulos. Little has resigned from his executive position and plans to retire, though will serve as non-executive chairman of the board in the meantime. Intralot did not state when exactly he would...

Intralot team up with FIFA’s Early Warning System and Italian FA

Betting Business Intralot Fifa
Intralot has signed a cooperation agreement with Early Warning System (EWS), a subsidiary of football’s global governing body Fifa, and agreed a sponsorship deal with the Italian Football Federation (FIGC). Under the Fifa deal, Intralot and EWS will exchange information on irregular and suspicious betting activities to help detect and prevent attempted manipulation and match-fixing. EWS has been supporting Fifa in...

Intralot registers strong EBITDA growth in Q2

Intralot Group, a major gaming solutions supplier, has seen significant EBITDA growth of 17.1 percent in the second quarter of 2016, thanks in part to high growth in Bulgaria, Turkey and the United States.   For the three months ended 30 June 2016, EBITDA swelled from to €44.4m – up €6.5m on the €37.9 achieved in 2015 – while revenues came...

Intralot’s Dimitriadis re-elected to ISACA chair

Betting Business Intralot
Intralot, a B2B service and software provider for the sports betting industry, has announced that Christos Dimitriadis has been re-elected as chair of the board of directors of ISACA, a global association serving the assurance, cybersecurity, risk and governance professions. Dimitriadis, who has worked in information security for more than 16 years, currently serves as group director of information security...

Intralot wins Responsible Gambling innovation award

Intralot innovation Award EBEN Responsible
International software supplier Intralot has won accolades for its latest social responsibility tool at the European Business Ethics Network (EBEN) official award ceremony. The company received the platinum award for innovation and excellence in ethics for its Responsible Gaming Designer Tool (iRGD), a product that evaluates gaming algorithms and provides data-driven reports and recommendations for improvements. The product was developed using...

Intralot sees the benefits of new contracts and renewals

Antonios Kerastaris Intralot
Gaming and sportsbetting giant Intralot has reported annual increases in revenues and earnings as it prepares to purchase a 49 per cent stake in Bulgarian gaming firm Eurobet. Greek gaming and sportsbetting giant Intralot has issued its annual financial results showing a 3.3 per cent increase year-on-year in total revenues to E1.94bn ($2.19bn) thanks in large part to its recent...