Issuing a short market statement, Athens-listed gambling/lottery technology group Intralot SA has confirmed the resignation of Antonios Kerastaris as Group Chief Executive and a member of the firm’s board. Updating investors, Intralot governance confirms that current Executive Chairman and enterprise founder Sokratis Kokkalis will re-take leadership of the firm’s day-to-day operations as Group CEO. Kerastaris ends his five-year tenure as …
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Intralot in need of Turkish rethink following loss of Sportoto concession
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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