INTRALOT: AWARDED THE 5TH U.S. CONTRACT BY THE SOUTH CAROLINA EDUCATION LOTTERY
INTRALOT USA, following an international tender, has signed a contract for the provision of an on-line gaming system, including associated gaming products and support services for the South Carolina Education Lottery (SCEL). The conversion to the new system will occur in November, 2008.
The contract is for 7 (seven) years with an option to extend for up to 3 (three) years. Total revenue from the contract will reach $67.8 million dollars for the full term.
In addition to the LOTOS online gaming system, SCEL has chosen to deploy INTRALOT’s new microLOT compact, full function terminal to all of the lottery retailers. INTRALOT will initially supply 3,800 CORONIS microLOT terminals and 1,800 ticket checkers plus related equipment such as LCD Player Transaction Displays and Player Advertising Displays. A state-of-the-art fully redundant satellite network will be utilized to link retailer terminals to the central system. The operation of a primary data center in South Carolina and all other support functions, such as marketing, training, maintenance and repair, retailer hotline, field operations and ticket stock warehousing are also included in the contract.
The significant contract follows on the heels of INTRALOT’s recent award and contract with the New Mexico Lottery and is the 5th success for the company in the highly demanding US market.
Ernie Passailaigue, SCEL’s Executive Director stated “We are extremely excited to form this new partnership with INTRALOT. Their proposal provided a First Class System that provides enhanced functionality with significant cost savings and the potential for generating additional revenue for education programs in South Carolina.”
The South Carolina Education Lottery began operations in 2002 and has transferred $1.57 Billion to the Education Lottery Account through December, 2007. SCEL has managed to become one of the top lotteries worldwide and currently ranks 14th in total sales in the US and 18th in per capita sales worldwide according to La Fleur’s 2007 Lottery Almanac. According to SCEL, it ranked 10th among U.S. lotteries in terms of net income (transfers) per capita in FY06.
INTRALOT S.A. CEO, Mr. Constantinos Antonopoulos stated: “With the successful award by the South Carolina Education Lottery, INTRALOT proves once again its competence to combine excellent quality and competitive pricing. SCEL is one of the most dynamic in the United States with a continuously upward course within the Lottery gaming market. We are sure that our partnership with SCEL will be mutually beneficial and rewarding, providing added value for all citizens of South Carolina as well as for INTRALOT.”
INTRALOT USA President and CEO, Tom Little, commented: “We are extremely pleased to have won this contract. The RFP, rather than following a standard template, allowed somewhat of a free form response and required potential vendors to propose their versions of a First Class System. Our proposal was ranked number one among all major vendors. We are pleased to provide our operational expertise and state-of-the-art technology to a Lottery whose management, given its brief 6 years of operation, has led South Carolina to be ranked among the largest and fastest growing Lotteries in the United States as well as the world. We are also very proud to be able to provide our newest state-of-the-art terminal, the CORONIS microLOT, to all of the Lottery’s retailers. The Lottery’s decision in this regard provides confirmation to us that our consistent, significant investment in research and development will enable us to continue to provide the cutting edge products and services for which we have become known.”
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. It’s 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 40 countries, with 4.000 people and revenues of €791,4 m. ($1,15 billion) for 2006, INTRALOT has established its presence on all 5 continents.