INTRALOT ENTERS NEW DEVELOPMENT ERA
“Despite the difficult financial and economic situation in 2008, INTRALOT presented very satisfactory financial results. The company managed to accomplish its targets, notwithstanding the negative impact of the foreign currencies’ devaluation”, commented INTRALOT’s CEO, Mr. Constantinos Antonopoulos, during the Shareholders’ Annual General Meeting.
Mr. Antonopoulos presented the portfolio of the company’s activities and the new development era the company is entering. Apart from the provision of excellent technology and services to clients and national Organizations, INTRALOT has already developed exclusive points of sale networks in various markets, establishing a strong international brand name. Moreover, after evaluating the new developments taking place in the Internet sector, where countries are moving towards a controlled market liberalization, INTRALOT announced the launch of INTRALOT Interactive.
INTRALOT Interactive will acquire the company’s assets concerning Internet Gaming. The strategy of the new company will focus both on providing its pioneering technology to Lotteries and State Organizations worldwide and on seeking licensing opportunities for operating in the new liberalized environment.
“The great potential of the interactive market and our intention to become a significant global player in this business area has led to the establishment of a new global company. INTRALOT Interactive aims to gain a significant market share and gradually become one of the leaders of the Internet gaming market”, underlined INTRALOT’s CEO.
“In 2009, INTRALOT aims to improve further the profitability of its projects, maintaining its predominance in new projects and continuing the development of new technologies. We will focus on the Internet Gaming market, forming new alliances for major privatization projects and monitoring new opportunities for acquisitions”, added Mr. Antonopoulos.
In 2008 the Group’s Revenues reached €1.1 billion, confirming INTRALOT's dominant presence in the global gaming market. Moreover, the Shareholders’ Annual General Meeting approved the distribution of a total dividend of €0.22 per share.
INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content and sports betting management, to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting & Video Lottery operations and its leading-edge technology, give INTRALOT a competitive advantage which contributes directly to customers’ efficiency, profitability and growth. With presence in more than 50 countries, with 5,000 people and revenues of €1.1 billion for 2008, INTRALOT has established its presence on all 5 continents.