INTRALOT SIGNS 10-YEAR TECHNOLOGY SUPPLY BETTING CONTRACT IN TAIWAN
INTRALOT, through its participation as a major shareholder in the Taiwanese joint venture LotRich Information Co., Ltd., has been selected as the technology provider by Taiwan Sports Lottery Corporation (TSLC), following a tender process. INTRALOT offered TSLC the necessary support to bid for and win the 10-year License to operate the Sports Lottery, to which the major prerequisite and criterion was the competence and experience of the technology provider. The 10-year betting technology supply contract of INTRALOT will commence in the beginning of 2014 and run through the end of 2023.
As the technology provider of TSLC, INTRALOT will offer all the necessary software and hardware for the successful 10-year operation of the Sports Lottery, including the LOTOS™ Horizon Platform, the B-On platform, the iFlex betting platform, all running on INTRALOT’s Central System LOTOS™ O/S. INTRALOT will also offer 1,200 Photon terminals to be installed in PoS countrywide and 1,200 LOTOS™ HORIZON Multimedia Controllers (LHMCs), used for displaying high quality betting information, as well as offer all related systems' and software maintenance. Moreover, in cooperation with the other members of the Consortium, it will provide on-site system support and countrywide betting POS terminals’ maintenance and repair.
“TSLC is the designated institution to be responsible for the operation of Taiwan Sports Betting for the upcoming ten years. Having a technical partner such as INTRALOT helps TSLC to advance sports betting in Taiwan. By providing better and flexible technology services, TSLC will be able to provide better services to the local and believes that the sports betting market in Taiwan will have future growth continuously under TSLC’s operation and INTRALOT’s technology support.”, according to the Taiwan Sports Lottery Corporation.
Mr. Marios Mitromaras, General Manager Asia of INTRALOT and Chairman of LotRich, stated: “We are very pleased with our new betting technology supply contract in Taiwan. It is our global know-how and expertise in betting solutions from our projects worldwide, as well as our extensive knowledge of the local market, as we have been operating in Taiwan since 2006 that have led TSLC to its decision to select us as its technology provider. This new 10-year contract that we now add to our portfolio of contracts in the country following the 10-year technology contract that we signed in May with ChinaTrust Commercial Bank, which has received the license to operate the Public Welfare Lottery, will further strengthen our leading position in the country and the wider Asian region.”
Mr. Dimitris Markakis, General Manager of LotRich, stated: “We have supported TSLC shareholders during the public tender process and we are really glad that our customer was the winner of the bid. We are looking forward to supporting TSLC to establish an innovative Sports Lottery operation and offering exciting betting games to players, in compliance with responsible gaming best practices globally. With our advanced technology we aim to lead the gaming market of Taiwan to a new age and offer to the people in the country unique, entertaining gaming experiences.”
INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting, Racing & 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 56 jurisdictions, more than 5.500 people and revenues of €1.4 billion for 2012, INTRALOT has established its presence on all 5 continents.