INTRALOT WINS ANOTHER CONTRACT IN THE USA FOR THE INSTANT GAMING SERVICES IN OHIO
INTRALOT USA, following a competitive procurement, was selected by the Ohio Department of Administrative Services as the apparent successful vendor to develop, refine, and implement instant ticket and related cooperative instant ticket support services in the state. The contract, which begins July 1, 2009, has an initial term of two years and includes options to extend for three additional two-year periods. It is expected to generate approximately $5.5 million per year.
This new agreement is in addition to INTRALOT’S June 2008 gaming systems contact with the Ohio Lottery. Services include; instant ticket data processing, warehousing, and overall management of the instant ticket and gaming supply inventory, as well as the management and staffing of a state-of-the-art, telephone-based, instant ticket order and distribution system.
The Ohio Lottery, which began operation in 1974, is now the tenth largest U.S. Lottery with total sales of $2.3 billion in FY08 and instant sales of nearly $1.4 billion. Since 1974, the Lottery has provided more than $16 billion to public education.
“We look forward to leveraging INTRALOT’S instant gaming technologies to increase lottery revenues generated for public education in Ohio,” said Michael A. Dolan, Ohio Lottery Director.
INTRALOT S.A. CEO, Constantinos Antonopoulos stated, “We are very satisfied that Ohio Lottery after our first contract has selected INTRALOT to provide additional services. Being a partner of the Ohio Lottery is a great honour that strengthens our determination to offer unique, pioneering products and services to improve the Lottery’s performance.”
“The technology solution that we will provide Ohio will increase operational efficiencies and revenue for Ohio public schools,” said Tom Little, president and CEO, INTRALOT USA.
“We are thrilled about the opportunity to deepen our working relationship with Ohio Lottery Commission to benefit the citizens of Ohio,” added Little.
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 50 countries, with 5,000 people and revenues of more than $1.45 bil. (€1.1 bil.) for 2008, INTRALOT has established its presence on all 5 continents.