Monday, August 04, 2008

Victoria losing out with Intralot

Intralot, the Greek gambling multinational began operating in Victoria (Australia) on July 1 2008, putting an end to Tattersall's 54-year monopoly.
Intralot counts already with more than 700 points of salein Victoria and will soon become the largest network in the state.
In a recent statement the company disclosed that

"Instant games ... are performing very well and the rest of the games are performing according to our expectations"
But for the Lottery Agents Association these are very bad news. According to them about 500 Victorian operators are losing 15 per cent or more of their lottery income since then and estimates the government's revenue losses at $900,000 a week.

Last year, Intralot won a 10 year licence to operate lottery and instant games for Victoria, expanding its presence in the country. It also operates in Western Australia and Tasmania.

Intralot is a Greek company engaged in the design, development, production, trading and operation of custom-made gaming information systems, equipment and services.
The Company's gaming applications include numerical, video and sport lotteries, as well as fixed odds betting, pari-mutuel wagering and instant lottery games.

Its product range includes lottery operating systems:
  • LOTOS, which is a software application platform
  • information display systems that offer real time information on the progress and outcome of gaming events
  • video lottery systems that control and monitor services for managing networks of video lottery terminals
  • the CORONIS line of terminals that can support lottery and video gaming sessions, as well as payment methods and mobile terminals for agents.
The Company is also engaged in technical support and training, games and sales network design, as well as in market analysis and development. It is present in Europe, Americas, Africa, Oceania and Australia.

Games Library includes more than 400 types of games: Numerical Lotteries, TV Lottery Games, Sports Lotteries, Fixed Odds Betting, Instant Lotteries, Pari-mutuel, Video Lottery and Monitor Games.

Established in 1992 in Athens, Greece, it has Regional Offices in USA, Latin America, Hong Kong, Australia, New Zealand Office, Wellington, New Zealand and Johannesburg.
INTRALOT is listed on the Athens Stock Exchange since 1999. Its market capitalization is about € 1.8 billion and in 2007 it obtained revenues for €835.5 million
EBITDA: €262.9 million
EBT: €217.8 million

As a vendor and/or lottery operator, INTRALOT has been awarded contracts for a wide range of products (systems, terminals, alternative distribution channels, VLT’s, etc.) and gaming applications (lotteries, instant lotteries, fixed odds betting, etc.) in the USA (Nebraska, Montana, Idaho, New Mexico, South Carolina, Ohio), Chile, Peru, Colombia, Greece, Germany, Cyprus, Poland, Romania, Russia, Bulgaria, Turkey, Serbia & Montenegro, FYROM, Moldova, Malta, the Philippines, Nigeria, New Zealand, Australia (Western Australia, Victoria, Tasmania), Egypt, Israel, Taiwan, Malaysia, S.Africa, Italy, Argentina, South Korea, Slovakia, The Netherlands and Vietnam.

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