Intralot
Intralot Reports its Financial Results for 2024
Intralot has reported its financial results for 2024. The company attributed its growth in revenue to a “very strong performance” in Q4, driven largely by revenue growth in North America.
Chairman Sokratis P Kokkalis said: “This enabling the company to maintain its key metrics in profitability and leverage ratio by focusing on high profit-margin activities.”
He continued: “We were able to win new contracts in the promising sectors of VLT monitoring in the US and online lottery in Canada and extend key contracts in our core business in Europe and Australia while actively pursuing every opportunity in our sector around the globe.”
Group revenue for the year reached €376.4m, growth of 3.4% year on year. Adjusted EBITDA reached €130.7m, showing 1% growth year on year, with the margin reaching 34.7%.
Earlier this year, Intralot’s North American subsidiary signed a contract with the Charitable Gaming Division of the Nebraska Department of Revenue for the provision of a real-time monitoring and reporting system for cash devices across the state.
The contract, which was awarded following a competitive process, will run for five years and includes the option to renew for four additional two-year periods, totalling 13 years.
The post Intralot Reports its Financial Results for 2024 appeared first on Gaming and Gambling Industry in the Americas.
INTRALOT S.A. is pleased to announce that its U.S. subsidiary INTRALOT, Inc. has extended its gaming systems contract with the New Hampshire Lottery Commission for an additional seven years, ensuring continued cutting-edge technology and high-quality services support through September 2033.
This extension marks the continuation of a win-win partnership between INTRALOT and New Hampshire Lottery that began in 2010 and the first deployment of INTRALOT’s cutting-edge LotosX Omni gaming platform in the US. The platform will be deployed on Cloud infrastructure, ensuring New Hampshire’s lottery benefits from enhanced resilience, scalability, and top-tier security. As part of the agreement, New Hampshire’s lottery technology infrastructure will be upgraded with new INTRALOT terminals, the award-winning PhotonX (1700 units), as well as Gamestation self-service terminals and Dream Touch Flex vending machines (900 total).
“For more than 15 years, INTRALOT has been a critical partner of the New Hampshire Lottery, providing innovative solutions supporting our record growth,” said Charlie McIntyre, Executive Director, New Hampshire Lottery. “As part of this renewed partnership with INTRALOT, we are looking forward to offering our retail network new lottery terminals, and we are pleased to be offering our players two new self-service machines, including the touch screen Dream Touch Flex vending machines. Our mission in New Hampshire is to maximize net profit, all of which is earmarked for public education. Since 1964, we have raised nearly $3 billion for the students, teachers and schools in our state. We look forward to continuing our relationship with INTRALOT, whose advanced technology will assist in responsibly increasing both sales and our contributions to education.”
“We are delighted to be rolling out our LotosX technology with our second NASPL lottery”, said Richard Bateson, CEO of INTRALOT, Inc. “In New Hampshire we have a great partner, and we are a vendor to one of the most successful lotteries in the US. We look forward to working with Executive Director McIntyre and his team to support the next chapter of the New Hampshire Lottery Commission’s success”.
INTRALOT’s LotosX Omni platform integrates the most advanced technologies and operational features in the gaming industry and is already installed and operating at the British Columbia Lottery Corporation (BCLC) in Canada and in other countries such as Greece, the Netherlands, Germany, and Taiwan.
The post INTRALOT extends contract with New Hampshire Lottery through 2033 appeared first on Gaming and Gambling Industry in the Americas.
INTRALOT S.A. is pleased to announce that its North American subsidiary, INTRALOT, Inc., has signed a contract with the Charitable Gaming Division of the Nebraska Department of Revenue for the provision of a real-time monitoring and reporting system for Cash Devices
across the state. This agreement marks an important step in enhancing the oversight and operational efficiency of Cash Device regulation in Nebraska.
The contract will see INTRALOT deliver its state-of-the-art iGEM
Central Monitoring and Reporting System, designed to offer real-time management, auditing, and reporting of Cash Device activities in the competitive gaming environment. INTRALOT will implement the full solution, including site controllers, communication networks, central system infrastructure, reporting modules, training for Distributors and Operators, and advisory services for Division personnel.
The contract, which was awarded following a competitive process, will run for 5 years and includes the option to renew for four (4) additional two-year (2) periods, totaling 13 years. INTRALOT’s system will oversee and report on Cash Device operations in a growing statewide landscape of at least 5,000 devices at more than 1,600 locations in Nebraska, improving security, compliance, and operational transparency.
The post INTRALOT signs real-time monitoring contract for Cash Devices (VLTs) in Nebraska appeared first on Gaming and Gambling Industry in the Americas.
INTRALOT is pleased to announce that its U.S. subsidiary INTRALOT, Inc. has signed a 3-year contract, including an option of three annual extensions, with British Columbia Lottery Corporation (BCLC) for the provision of its next-generation sports betting platform INTRALOT Orion and relevant managed services, to enable the operations and management of BCLC’s retail sportsbook.
INTRALOT’s retail sports betting solution will be deployed and offered in all BCLC’s retail network via Photon X retail terminals and GameStation self-service terminals, which will be in market in British Columbia this winter, offering sports and lottery products. In addition, the sports offering will be enabled by INTRALOT’s BYOD (Bring Your Own Device) solution where players can view the full betting offering, prepare their digital betslips, and generate a QR code from anywhere before scanning them at a retail terminal or self-service terminal. Upon launch, INTRALOT’s retail sports betting solution will be deployed in more than 700 self-service terminals (Kiosks) and 3,400 clerk operated terminals across the province of British Columbia.
Nikos Nikolakopoulos, Chairman of the Board of Directors of INTRALOT, Inc. said: “We are excited to extend our partnership with BCLC in the sports betting sector. We are looking forward to a close cooperation with the Lottery in order to provide an enhanced retail player experience and responsibly drive the Lottery’s growth to further benefit the British Columbia community.”
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