Tag Archives: Turkey

Inspired set for Turkish debut with Sisal Sans

Inspired Entertainment will debut its virtual sports portfolio in Turkey after securing a lead supplier agreement with ‘Sisal Sans’, the Turkish joint venture between Sisal SPA and Şans Digital AS. Under the agreement, Inspired will provide its V-Play Plug & Play solution, a complete end-to-end online virtual sportsbook product, with its content to be made available on desktop and mobile …

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GVC responds to ‘press speculation’ on former Turkish business  

The board of GVC Holdings has issued a statement dismissing ‘press speculation’ regarding HMRC’s investigation of its disposed former Turkish wagering subsidiary. GVC underlined that HMRC’s investigation is strictly focused on ‘former third-party payment service providers’ whose only link to GVC was the provision of payment services for its former Turkish-facing business.  This July, HMRC confirmed that it had launched …

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Intralot rocked by Bulgaria Eurobet suspension 

Intralot SPA has detailed a troubled start to 2020 trading, noting steep declines across all core operating metrics and divisions, as its corporate recovery programme has been impeded by multiple novel headwinds.  Publishing its Q1 2020 results, the Athens-listed gambling technology and lottery systems provider saw group turnover decline by 47% to €102m (Q12019: €193m).  The €90m turnover decline is …

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New look Intralot focuses on core business recovery

Intralot SPA has revitalised its strategic mandate to concentrate on the recovery of core business segments having stripped all non-essential assets from its business structure. The Athens-listed technology group detailed that it has completed a ‘year of transformations’ under the guidance of company founder Sokratis Kokkalis, publishing its full-year 2019 results. Tough 2019 trading saw Intralot’s headline ‘licensed operations’ unit record …

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Kokkalis ends INTRALOT CEO tenure transferring control to Christos Dimitriadis

Issuing a market filing, Athens-listed gambling and lottery systems supplier INTRALOT SPA has confirmed that Chairman Sokratis Kokkalis has ended his interim CEO tenure, confirming Christos Dimitriadis as new company leader. Effective immediate, Kokkalis has transferred day-to-day control of INTRALOT ’s executive team to Dimitriadis who takes the position of Group Chief Executive and is further promoted to serve as …

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Intralot focuses on group transitions as dire results continue

Athens-listed gambling technology group Intralot SPA has posted a further quarter of negative declines across its core business metrics and KPIs as it continues to focus on a business transformation programme to counter corporate headwinds for its operating markets. Publishing its latest Q3 2019 trading statement (period ending 30 September), Intralot reports a 6% decrease in year-to-date revenues of €555 million …

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Scientific Games confirms Turkish National Lottery win

Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has secured the lead systems supplier contract for the newly reformed ‘Milli Piyango’ – Turkey’s National Lottery. The company’s instant win catalogue and Wave retailer terminals have been selected as core systems by the winning joint venture of Italian gambling operator Gruppo Sisal and ‘Şans Dijital’ – the digital division of Turkish multi-media conglomerate …

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Dire H1 2019 sees Intralot suffer declines across all business verticals

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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Scientific Games lands Turkey National Lottery role

Turkey

According to an industry source, Scientific Games has been selected to exclusively supply its lottery instant games, Wave retailer terminals and instant ticket validation system to the consortium selected by the Turkey Wealth Fund to run the Turkey National Lottery. A joint venture (JV) between Italy’s Sisal and Turkish media giant Demirören Holding has secured the operating rights to the …

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Barry Cottle – SGC significantly advances its Euro profile with IDDAA Turkey win

As anticipated Nasdaq gambling technology group Scientific Games Corporation (SGC) has announced a major supplier win, confirming that it will takeover the management of the Turkish IDDAA sports betting concession, in partnership with Turkish media conglomerate Demirören Holdings. Servicing 5,300 Turkish retail betting points, SGC and Demirören have established new joint-venture ‘Şans Girişim’, the company which will operate the ten-year …

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