Athens-listed Intralot SA has published its financial results for the 2020 fiscal year, prepared in accordance with IFRS, noting an almost 17% decline in revenue after its lottery and sports betting industries were significantly impacted by the COVID-19 pandemic. For the 12 month period which ended on December 31, 2020, Intralot declared a group revenue of €364.8m, a 16.6% decrease …
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Publishing its 2019 interim results (period ending 30 June), Athens-listed gambling technology group Intralot SPA reports continued operating declines across its three core business verticals of ‘Licensed Operations’, ‘Management Contracts’ and ‘Technology Provisions’. A tough H1 2019 trading period sees Intralot governance outline multiple factors impacting the company’s performance, including negative currency fluctuations, macro impacts, decreasing management contracts combined with further …
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Greek business news sources have reported that Athens-listed Intralot SPA has lost its tender to continue servicing betting monopoly IDDAA. Issuing a market filing this morning, Turkish telecoms giant Turkcell, Intralot’s joint venture partner for IDDAA operations, confirmed that Turkey’s Sportoto Organisation had awarded its monopoly betting license to ’Sans Girisim’ – a joint venture formed by Nasdaq-listed Scientific Games …
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As anticipated the governance of Athens-listed gaming and lottery systems provider Intralot SPA has confirmed that it has submitted its official tender offer to the Turkish Sportoto State Organisation, bidding to manage its ‘SporToto’ fixed-odds and pari-mutuel bookmaker service. Intralot submits its tender offer through Turkish subsidiary INTELTEK, operator of state-licensed betting operator ‘IDDAA’, a joint-venture which Intralot has operated …
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Celebrating its fifteenth year in business within the Turkish betting and lotteries market, Athens-listed gaming and lottery systems provider Intralot SPA has announced a major investment plan in strategic asset – INTELTEK. Issuing a market update, Intralot governance confirms that it has begun development on an ‘INTELTEK – Global Research & Technology Development Centre which will be housed in Turkey, supporting …
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Galatasaray SK, Turkey’s biggest sports club has confirmed that it has secured a 2-to-3 year sponsorship with Intralot subsidiary Bilyoner Interaktif (Bilyoner.com) becoming its new ‘official betting partner’. Updating the media, Galatasaray Chairman Mustafa Cengiz disclosed that Bilyoner had committed to a 2-year sponsorship agreement set at TRY 8 million per season (€1.3 million) – a new deal valued at …
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