Industry
December 3, 2021
Intralot’s Q3 2021 Report Showed Signs of Business Rebound
International gaming solutions and technology provider Intralot SA released its third quarter and nine-month period ended September 30, 2021 report posting significant growth in revenue and EBITDA. Double-Digit Growth Intralot posted group revenue of €100.2 million ($113.2 million) and €302.8 million ($342.2 million) for the three-month and nine-month periods, up 8.2% and 24.4% on the […]
Industry
July 9, 2021
Audit Of DC’s Lottery Efforts Reveal Potential Trouble for Intralot
An audit just completed on the lottery market in Washington, DC, has revealed what many already knew. Intralot is likely playing games with the DC Council and getting away with it. A report by Washington City Paper brings to light several discrepancies over Intralot’s handling of its contract to operate the district’s lottery activity, some […]
Industry
June 29, 2021
Intralot Amends Lock-Up Agreement, Agrees $297.5m Loan Facility
Intralot SA released an update regarding a lock-up agreement reached with a group of noteholders in January which was executed having received the required approval by entities holding directly or indirectly the outstanding principal amount of €250 million ($297.5 million) senior unsecured notes due 2021. New Loan Facility Intralot agreed on a loan facility with […]
Business
June 21, 2021
Intralot Completes Sale of Intralot do Brazil’s 80% Stake to Saga
Intralot SA, a global lottery and sports betting products and technology supplier headquartered in Greece, announced the completion of the deal for the sale of its stake in Intralot do Brazil. Second Latin American Business Sale The deal, which was initially announced in May after Saga, the only other shareholder in the Brazilian business, agreed […]
Business
May 14, 2021
Intralot Sells Brazilian Business, Remains Technology Supplier
Intralot, a global supplier of sports betting and lottery products and technology, announced it reached a binding agreement with Saga to offload its stake at the Intralot do Brazil business. Offloading Exposure in Brazil Intralot revealed Saga agreed to a total cash consideration of €700,000 for the 80% stake the Greek-based company holds in the […]
Sports
May 10, 2021
Simplebet, Intralot Offer NBA, MLB Micro-Betting in DC, MT
Innovative sports betting technology company Simplebet announced today its partnership with Intralot saw the rollout of new real money micro-betting products in Washington DC and Montana, to cover action from the National Basketball League (NBA) and Major League Baseball (MLB). Following the Success from the NFL The launch of the first-ever automated micro-betting product on […]
Industry
March 24, 2021
Incentive Games Launches in US Market with Intralot
Incentive Games has entered the US market after securing a deal to launch a series of free-to-play games on the sports wagering platforms that global-gaming giant Intralot operates in partnership with the Montana and Washington DC lotteries. Breakthrough Partnership with Gaming Giant Intralot Free-to-play games provider Incentive Games has inked a 36-month deal with Intralot […]
Business
February 5, 2021
Simplebet Launches Micro-Market Product with Intralot in Montana
Simplebet launched its Micro-Market betting platform in Montana in collaboration with Intralot. The company is thrilled to expand to another market after it launched its services successfully in Washington D.C. back in January. Simplebet Rolls Out Its Micro-Market Product with Intralot in Montana The B2B product development company, Simplebet has announced that it rolled out […]
Business
January 16, 2021
OPAP’s Contract with Intralot Extended by 2 More Years
National lottery operator in Greece OPAP SA extended its contract with Intralot SPA, having exercised a 2-year extension option available in the agreement with the technology services provider. As per the contract extension, Intralot will continue to serve as OPAP’s lead systems provider for numerical lottery products and services. Extension Option Exercised The technology and […]
Sports
November 17, 2020
William Hill Continues to Lead Mobile Betting Market in D.C.
Washington’s D.C. Lottery gambling app powered by Intralot saw a 27.8% increase in handle month-over-month but still lags behind William Hill’s temporary sportsbook. D.C. Lottery’s Gambet Sees Increase in Revenue It has been a great month for Washington’s D.C. Lottery with total handle growing by 27.8% month-over-month in October and mobile betting paying off. Yet, […]