Press Release

EUROFOOTBALL'S GROWTH CONTINUES LAUNCH OF NEW SYSTEM
05/09/2003

In Bulgaria Eurofootball has successfully launched in August the new on-line betting system, a result of its strategic partnership with INTRALOT Group.

The new system operates through Coronis terminals and offers four games in the football program:

  • ‘Expert prognoses’
  • ‘Guess the exact result’
  • ‘Handicap’
  • ‘First half / Final result’

The participants can bet in real time – 10 minutes before the first game chosen in the form begins. Thus, there are increased chances of winning, as the bettors can gather information almost right before the start of the game. Betting can take place any day of the week.

Furthermore, in order to improve the information systems provided to the participants, Eurofootball is developing an Internet site, which aims to be one of the biggest created in Europe, as far as data and statistics are concerned.

Mr Nikolaos Arsenopoulos, CEO of Eurofootball, commented: “The new on-line system gives new prospects and changes the dynamic of our company. It is just part of our company’s long-term development program. Our vision is to augment Eurofootball’s share in the emerging Bulgarian gaming markets, relying on cutting-edge technology and a highly experienced workforce, while offering high quality products and services”.

The company is expected to have further sales growth in the 2nd half of 2003, compared to the growth of 25% at the 1st half of the year.

Eurofootball was established in Bulgaria in 1993, whereas received a license from the Ministry of Finance of the Republic of Bulgaria to organize bets on football matches, in agent shops situated throughout the whole country. In February 2002, INTRALOT acquired the 49% of the company.