Tag Archives: intralot

Intralot SA trading has been rocked by dire Q3 results, impacting all financial metrics of the Athens-listed gambling and lottery technology group. Year-to-date (YTD) accounts show Intralot’s corporate revenues standing at €263 million, down 6% compared to corresponding 2023 results of €280 million. The decline in headline revenues is attributed to “seasonal effects” and the impact of €13 million in …

Intralot SA has announced the extension of two key European contracts for the Athens-listed gambling and lottery technology group. In the Netherlands, the Intralot Benelux subsidiary has secured a three-year extension as the principal retail wagering systems supplier for TOTO NL, the flagship sportsbook brand of Nederlandse Loterij BV. This three-year contract renewal will enable Intralot to continue providing TOTO …

Intralot SPA has achieved its corporate objective of reducing its gross debt below €500m, despite witnessing a slowdown in its B2C performance. Publishing its full-year 2023 accounts, the Athens-listed gambling and lottery technology group reported revenues of €364m, a 7.3% decline from FY2022 results of €398m. The decline in headline revenues is attributed to the discontinuation of its Malta Lottery …

Intralot SPA has secured a major commercial objective, announcing that La Marocaine Des Jeux et des Sports (MDJS) will extend its technology contract for a further two years. MDJS serves as Morocco’s exclusive operator of lottery, instant-win, and sportsbook services as appointed by the Dahir (Kingdom’s decree). Intralot has operated as MDJS’s principal technology supplier since the company was formed …

Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at €280m, down 7% on 2022 comparatives of €301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, accounting for a decrease of …

Intralot SA highlighted its enhanced operational earnings and cash flow despite commercial adjustments that affected its revenue performance. Releasing its H1 2023 interim trading results, the Athens-listed gambling technology group reported corporate revenues of €175m, a 14% decrease from the 2022 comparative results of €205m. The decline in headline revenues was mainly due to Intralot discontinuing its Malta business, which …

Intralot SPA cites confidence in achieving its headline 2023 objectives of improving profitability and reducing long-term debt.  The Athens-listed gambling technology group maintains its full-year expectations as Q1 revenues stand at €83.4m, a 4.5% increase from the same period in the previous year, despite encountering an 8.4% decrease in turnover to €89.5m. The decrease in turnover was attributed to the …

Intralot SPA has cited a return to a ‘better operational efficiency’ as the Athens-listed gambling technology group delivers improved EBITDA results despite registering a decline  in headline revenues.     Publishing full-year 2022 results, Intralot registered group revenues of €392m, reflecting a 5.1% decrease compared to FY2021 results of €414m. The decline in headline revenues was primarily attributed to the license expiration …

INTRALOT SPA has announced the hiring of Richard Bateson as Chief Commercial Officer. The group has explained that Bateson will assume his new role ‘upon fulfilment of all related legal requirements’. “As an industry leader, Richard has worked as both an operator and vendor within the lottery sector,” the group said in a statement. With more than 20 years of …