Press Release: INTRALOT Unveils Virtual Sports Betting in Malta
Maltco Lotteries’ U*Bet Virtual Sports Unleash the Opportunity to Live the Game – Anytime.
INTRALOT and its subsidiary in Malta, Maltco Lotteries, announced today the exciting new development of U*BET Virtual Sports, an ultra-realistic game featuring superior technology and high-level graphics, designed to provide an enhanced players’ experience. The new product broadens U*BET’s comprehensive sports betting portfolio and is available across Maltco Lotteries’ retail network, provided in collaboration with Inspired Entertainment, an award-winning gaming content provider.
Maltco Lotteries’ CEO, Vasileios Kasiotakis, noted that this development is a key driver enabling Maltco Lotteries to consistently offer a diversified and entertaining sports betting portfolio. “As the National Lottery operator and the leading sports betting provider on the island, we are thrilled to extend the U*BET offering with this state-of-the-art product and deliver an unparalleled player experience inside our shops operating within a safe environment, practicing social distancing measures, following the Anti-Money Laundering Regulations and providing entertainment through a vast portfolio of games which has been specifically designed on responsible gaming principles.”
INTRALOT Group CEO, Dr. Chris Dimitriadis, said that this announcement reaffirms INTRALOT’s commitment to delivering innovative games and providing unmatched gaming experiences to players in Malta. “Malta has always been a very important market for INTRALOT and that’s why we are excited to offer a broader game selection with the introduction of premium games specifically suited to the local market.”
U*BET Virtual Sports comprises a range of fixed odds virtual football games played in short, five-minute intervals. Featuring top leagues and teams, the game uses advanced algorithms and a certified random number generator (RNG) to determine outcomes. Moreover, historical data is used to determine the probability of potential match results, based on the past performance of real football teams competing in domestic and international competitions.
INTRALOT, a publicly listed company established in 1992, is a leading gaming solutions supplier and operator active in 44 regulated jurisdictions worldwide. With a global workforce of approximately 3,800 employees in 2019, INTRALOT is committed to redefine innovation and quality of services in the lottery and gaming sector, while supporting operators in raising funds for good causes. Uniquely positioned to deliver state-of-the-art technology across geographies, the company has developed an advanced ecosystem that serves all verticals enabling the digital transformation of gaming operators and offering players an unparalleled gaming experience. INTRALOT has been awarded the prestigious Responsible Gaming Framework certification by the World Lottery Association and is certified under the WLA Security Control Standard. Visit us at www.intralot.com.
For more info: Ms. Chryssa Amanatidou, Group Corporate Affairs Director
Phone: +30 2106156000, Fax: +30 2106106800, email: email@example.com
About MALTCO LOTTERIES
Maltco Lotteries, a modern and dynamic company established in 2003, holds the latest Licence and Concession to operate the National Lottery of Malta awarded in 2012. Maltco Lotteries provides high-quality, innovative, and entertaining games (including lotteries, sports-betting, fast games and instant games) under the auspices of the Malta Gaming Authority (MGA).
The company’s POS network offers a friendly, secure and entertaining gaming environment, in which players can enjoy their favourite games, assisted by the highly-trained Maltco Lotteries Agents’ client service.
Maltco Lotteries has leveraged INTRALOT’s innovative technology and advanced services, ensuring security, trustworthiness, transparency, and a superior gaming experience. Certified under the Responsible Gaming, ISO/IEC 27001:2013, and Security Control (WLA SCS) standards by the European Lotteries and the World Lottery Association, Maltco Lotteries provides a responsible and secure retail network, the largest one in Malta and Gozo, maintaining the leading position in the market. Maltco Lotteries has an exceptional Corporate Social Responsibility track record, consistently supporting the Governmental Good Causes Fund and numerous Maltese charitable causes, as well as sponsoring local sports and athletes, contributing to Malta’s culture and community well-being.