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Intralot

INTRALOT signs real-time monitoring contract for Cash Devices (VLTs) in Nebraska

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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.

BCLC

INTRALOT, Inc. signs new Sports Betting Contract with British Columbia Lottery Corporation

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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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Canada

INTRALOT, Inc. announces the appointment of Richard Bateson as Chief Commercial Officer of INTRALOT, Inc.

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INTRALOT, Inc. announces Richard Bateson will assume his new role upon fulfillment of all related legal requirements. Richard will be joining the US senior management team reporting directly to INTRALOT US’s CEO.

As an industry leader, Richard has worked as both an operator and vendor within the lottery sector. With over 20 years of lottery experience, has worked within Camelot’s group of companies in both the UK and North America. More recently Richard has been a consultant to various companies including Jumbo Interactive, Teneo and Camelot UK Lotteries Ltd. As a former President of EuroMillions, he brings an extensive knowledge of European and North American experience to his new role and will be working with the senior management team to enhance INTRALOT’s business in North America.

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Canada

INTRALOT completes acquisition of Intralot US Securities B.V. shares from minority holders

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INTRALOT announces the closing of the purchase by its wholly owned Dutch subsidiary “Intralot Global Holdings B.V.” (IGH) of 33,227,256 ordinary shares (or 33.23%) in “Intralot US Securities B.V.” from their current holders for a price of €3.65 per share (ie. €121,279,484.40 in total). “Intralot US Securities B.V.” holds indirectly 100% of the shares of “Intralot, Inc.” a US (Georgia) corporation. The remaining 1,043,424 shares (or 1.04%) of “Intralot US Securities B.V.” that are not already owned by IGH will be acquired by IGH for the same price per share pursuant to the “drag-along” provisions of the Joint Venture Agreement in effect since Aug 3, 2021, in the following days, bringing the controlling share of the Intralot Group in “Intralot Inc.” to 100%.

The funds for the transaction were raised by a share capital increase via rights issue by INTRALOT, a listed company on the Athens Stock Exchange, completed on July 25, 2022, according to the provisions of the Prospectus published on June 24, 2022.

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