Industry News
INTRALOT’s Annual General Meeting 2020
Business Innovation through Digital Technology, Advanced Service Delivery Model, Partnerships for B2C Licenses, Growth in key jurisdictions, and Optimization of Capital Structure are the core pillars of the Company’s new Strategy
INTRALOT’s Annual General Meeting took place on Friday May 29th, 2020 at the Company’s Innovation Center in Athens presenting the corporate figures, the developments, and the successes for the period from January 1 to December 31, 2019, while introducing the Group’s Strategy going forward and the Company’s achievements accomplished in 2020 along with the significant opportunities that lie ahead.
INTRALOT GROUP Chairman Sokratis Kokkalis said “The Company is looking to strengthen its position through new products, new business opportunities in key markets and assess all available strategic options to optimize its capital structure and maximize stakeholders’ value”.
During the meeting, INTRALOT’s Group CEO Dr. Chris Dimitriadis, has presented the FY 2019 financial results and the Company’s business update focusing on opportunities to capitalize on the recent investments in building innovative products and advanced services to achieve economies of scale and strengthen its financial position. He introduced the Group’s new Strategy that will drive the Company’s future leveraging five pillars: Introduce business innovation with digital technology as an enabler in the industries that we serve, Improve quality of service and achieve economies of scale, Achieve growth through B2G/B2B sales in targeted geographies, Establish partnerships towards increasing licensed operations (B2C), and Optimize our Capital Structure. In addition, INTRALOT’s new customer-centric organizational structure and the transformative power of its technology will play a key role in business innovation and value creation, powering the Company to capture growth opportunities. He has also presented recent achievements within 2020 as well as significant opportunities for the future.
“INTRALOT is a Company with a great history and a promising future. Our leading position is rooted in our focus on our customers and how our technology and services can help them innovate”, said Dr. Chris Dimitriadis, Group CEO.“ In 2020, we have started implementing our new strategy by delivering our new sports betting solution INTRALOT ORION in Montana and the District of Columbia in the USA; by introducing the eSports in Peru, while securing two new agreements to deploy eSports; by developing a new innovative digital solution, LOTOS Xi, for Internet Lottery; by signing new agreements to deploy LOTOS Xi in four customers and by securing a new contract to implement Keno”.
Dr. Chris Dimitriadis expressed his gratitude to all INTRALOT Group employees, the foundation of our successful organization and culture, for their dedication and commitment during the COVID-19 pandemic disruption, in best serving our Customers worldwide and ensuring business continuity.
About INTRALOT:
INTRALOT, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 44 regulated jurisdictions around the globe. With €0.7 billion turnover and a global workforce of approximately 3,800 employees (2,200 of which in subsidiaries and 1,600 in associates) in 2019, INTRALOT is an innovation – driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. The company has designed a new ecosystem of holistic omni-channel solutions across verticals (Lottery, Betting, Interactive, VLT) for Lotteries digital transformation. INTRALOT has been awarded the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) and the WLA certificate for the Security Control standard.
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Industry News
Vermantia Platform Offers Retail Operators a Comprehensive Solution Through Single Integration
Vermantia’s Aggregator Platform has earned numerous awards, establishing itself as an essential tool for retail operators. This unique platform seamlessly integrates diverse content with top-quality channels, offering retail operators a comprehensive solution through a single integration.
Vermantia, a pioneering technology company revolutionising the betting industry, offers a bespoke approach. It boasts a unique multi-vendor, multi-content platform delivering exclusive Virtual Sports Channels, premium international Live Sports, and Racing events, all accessible through a single API and Universal Scheduler. With an abundance of data, odds and videos spanning multiple virtual games, live sports, racing and information services, Vermantia ensures seamless integration with any bet acceptance system. Flexible delivery options include satellite broadcasting, ultra-low latency streaming and in-shop retail rendering solutions.
Content providers benefit from an API enabling them to deploy their entire product portfolio with a single integration. Meanwhile, operators gain access to, combine and schedule top-quality content from various vendors and product verticals through a unified integration. Vermantia’s platform features robust logging, reporting and financial monitoring capabilities, reflecting its commitment to customer and partner satisfaction through continuous technological advancements tailored to meet operators’ needs for superior content and performance.
This innovative Aggregator Platform has captured the attention of tier-one operators across Greece, Italy, the UK and beyond. Operators leverage the platform to produce and manage top-tier channels, including Virtual Games Channels, Live Racing and Live Sport Channels, customising them to their specific requirements. Vermantia’s platform solutions offer full flexibility, combining distribution, digital signage and content management tailored to each customer’s infrastructure.
Operators integrating Vermantia’s platform gain a competitive edge by enriching their live racing, sports and virtual channels with diverse, high-quality content through a single integration, a universal scheduler and robust reporting capabilities. In markets like Greece and Italy, partners now command over 50% of the market share, solidifying their leadership position in the industry.
Vermantia plays a crucial role in distributing content to retail operators, driving the development of innovative and engaging solutions. In the rapidly expanding retail market, access to seamless technological solutions gives operators a proven advantage, resulting in significant market share growth.
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Industry News
NOVOMATIC Launches XTENSION LINK Volume 2 at FIJMA
Leading gaming technology Group NOVOMATIC was an exhibitor at the international trade fair FIJMA from May 7-9, 2024, boasting a stand full of innovative products for the Spanish market. The Group’s local subsidiary NOVOMATIC Spain launched the brand new XTENSION LINK Volume 2, which was the star of the show.
The international gaming trade show FIJMA took place from May 7 to 9 at the IFEMA exhibition centre in Madrid, bringing together a large number of industry leaders. NOVOMATIC showcased an extensive range of products perfected for the Spanish market.
This arcade game was presented in the high performing BLACK EDITION II 1.49J cabinet and attracted a lot of attention from visitors, especially with its GOLDEN SPINS feature which ultimately increases the player’s chances of winning. The XTENSION LINK Volume 2 with its ten thrilling titles, Expanding Reels Feature and Free Games takes the player experience to new heights.
“This cabinet is the result of hard and innovative work that has addressed the needs of our distributors and operators in order to offer a versatile and attractive experience for their gaming establishments,” Jordi Pedragosa, Commercial Director of NOVOMATIC Spain, said.
Other new products on display were the ROYAL LINK, “The Royal Seal for Arcades”, which offers extraordinary quality and excellence for an attractive price, and the NOVO LINE POWER LINK GOLD, which has come to Spain with a revamped and enlarged collection of games. Within this diverse offer for arcades, more powerful models were showcased, such as IMPERA LINK Series 2, CASH CONNECTION Fusion, River Queen Roulette or CLOVER LINK Xtreme, the latter from APEX.
NOVOMATIC’s local subsidiary also presented a wide range of products, exuding a level of freshness and innovation that positively captivated visitors. The section dedicated to the bar segment saw versatility resonating throughout these two new launches: NOVO LINE Supra Cash, with its fascinating games library including three roulette titles and IMPERA Cash Fusion, where Progressive Jackpot titles are combined with IMPERA classics. The second edition of NOVO LINE Power Cash was also shown with a series of new titles. All these models were showcased in the Winner HD+ cabinet, an evolution that features the NV22 bill acceptor. The nearly 1400 m2 of floor space tailored to the company stood out for the excellent way in which the company’s innovative products were staged and presented. Lighting and other decorative elements, fused with cutting-edge technology, played an important role in capturing the attention of visitors, for whom there were plenty of gifts and activities to be enjoyed. Of all the stand’s events, the one that stood out was the “Beat the Champ” event by Chris Mark, world table soccer champion, with whom guests could battle in an exciting duel.
Bernhard Teuchmann, Managing Director of the Product and Technology Division, said: “Participating once again in FIJMA has been a unique experience that has given us the opportunity to strengthen relationships with our customers and show our commitment to innovation. Our most sincere thanks go to all those who worked on preparing and attending this event with the same passion and responsibility that form the essence of who we are.”
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Industry News
CogniPlay Launches New Social Casino Platform
CogniPlay has launched its new software product, which aims to provide a robust online sweepstakes or social gaming platform to its clients. The system is designed to be modular, allowing customers to tailor their brand and offering to what they believe will give them optimal performance.
The CogniPlay system has several key integrations which help to deliver the product, including games integrations with the likes of Pragmatic Play, BetSoft, Mascot Gaming and many more, giving them 100s of games for their clients. There are other integration options for their customers to pick from too, including affiliate programme software, CRM platforms and associated products, KYC, ID verification, Geo-IP systems, Gamification and customer support.
They also have a very long and extensive development pipeline which will see the product offering develop at pace, giving clients an extensive list of options and USPs, and of course giving players a great user experience as a result.
As well as the platform itself the CogniPlay team, due to their considerable experience, also offer a whole host of managed services, with almost a menu that clients can choose from to fill any gaps in their own skillsets or experience.
CogniPlay’s Chief Executive Officer Allan Turner said: “We are very proud to take the CogniPlay product to market and are excited that people who want to start a new social or sweeps brand can get in touch with us to see what we can do for them, or in fact established brands that are unhappy with their existing provider.
“Our underlying principles are that we want to provide the most flexible platform in the space, to enable our clients to create the product they want to have, not for us to dictate the product to them. The two other main areas of focus are that we want to be the most future-proof product on the market with plans for any regulatory or legal changes that may arise in the future, and that we have all the right safeguards in place to ensure that we look after both our clients and players with our responsible gaming setup. This of course means having the right tech and processes in the key areas of KYC, Geo-IP tech, anti-money laundering, fraud, risk assessment and ID verification.”
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