INTRALOT SIGNS NEW CONTRACT IN LATIN AMERICA IN THE REPUBLIC OF SURINAME
Through its wholly owned subsidiary INTRALOT St. Lucia, INTRALOT has signed a facilities management contract with Suriname Holdings Limited, a St. Lucia registered company which was assigned a 15-year license from the National Lottery of Suriname (NLS) to offer online lottery games in the country. The contract shall be valid for the duration of the license term.
INTRALOT will undertake the full operation of the online lottery including the provision of the Central System, the terminals and their peripherals, the game software, future game development, maintenance and technical services, sales and marketing services, training of the retailers and other related services.
Suriname Holdings Limited was formed by a group from Suriname and included some directors of a Barbadian company TL Lotteries (Barbados) Ltd. which has been in the lottery business for fourteen (14) years and ran the successful “Olympio” Lottery in Barbados, in conjunction with the Barbados Olympic Association.
The Republic of Suriname is situated in the northern region of South America and has a population of half million people with a GDP per capita income of approximately $5,600.
Commenting on the new contract, INTRALOT CEO, Mr. Constantinos Antonopoulos, stated: “INTRALOT is continuing its expansion in the challenging and interesting region of Latin America. We are really pleased that SHL selected us to be their new partners and we are confident that we will have a fruitful cooperation, which will benefit both the Lottery and the people of Suriname.”
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 ($1.53 billion) for 2008, INTRALOT has established its presence on all 5 continents.