PRESS RELEASE: ANNOUNCEMENT ON SPORTOTO TENDER IN TURKEY
ANNOUNCEMENT ON SPORTOTO TENDER IN TURKEY
February 14, 2019
INTRALOT informs the investor community that on 11/02/2019 we submitted through INTELTEK, our subsidiary in Turkey, an offer to the Sportoto State Organization competition for the management of Sports Betting for 10 years. INTELTEK submitted its final financial offer on 13/02/2019 and awaits the decision of the Competition Committee.
INTELTEK has been active in Turkey's sports betting market since 2004 and manages the current IDDAA betting license with a contract expiring on 28/08/2019.
In addition to participating in INTELTEK, INTRALOT owns 50.01% of BILYONER, one of Turkey's online betting agents, with a market share of approximately 40% of the online market. BILYONER's activity accounts for 42% of INTRALOT’s EBIDTA and 55% of INTRALOT's revenues in Turkey.
INTRALOT, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 52 regulated jurisdictions around the globe. With €1.1 billion turnover and a global workforce of approximately 5,100 employees (3,100 of which in HQ and subsidiaries and 2,000 in associates) in 2017, INTRALOT is an innovation – driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. The company has designed a new ecosystem of holistic omni-channel solutions across verticals (Lottery, Betting, Interactive, VLT) for Lotteries digital transformation. INTRALOT has been awarded the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) and the WLA certificate for the Security Control standard.