INTRALOT AND AMELCO ANNOUNCE SPORTS BETTING PLATFORM STRATEGIC PARTNERSHIP
INTRALOT and AMELCO announce the signing of a binding MoU forming a strategic partnership and leveraging AMELCO’s state-of-the-art sports betting software platform. This move is expected to address market opportunities by combining in a single novel solution the strong retail expertise of INTRALOT with AMELCO’s betting platform's state-of-the-art functionalities. The Definitive Agreement between the two parties is expected to be finalized within 1Q17.
Mr. Antonios Kerastaris, INTRALOT Group CEO, stated: “Partnering with AMELCO is a milestone development for the evolution of INTRALOT’s sports-betting offering and our capability to enhance our leading position in a fast growing sports betting market around the world, across all channels. We see in AMELCO the right partner towards this goal.”
AMELCO owner and founder Mr. Damian Walton said: “Our agreement with INTRALOT is an important recognition of the high caliber of our betting platform and a tremendous opportunity for us to access world markets through INTRALOT’s wide and prestigious client base and expertise. We look forward working closer with INTRALOT management and technical teams to tap growth opportunities through world-class products and services.”
INTRALOT, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 55 regulated jurisdictions around the globe. With €1.91 billion turnover and a global workforce of more than 5,200 employees in 2015. 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. Through the use of a dynamic and omni-channel approach, INTRALOT offers an integrated portfolio of best-in-class gaming systems and product solutions & services addressing all gaming verticals (Lottery, Betting, Interactive, VLT). Players can enjoy a seamless and personalized experience through exciting games and premium content across multiple delivery channels, both retail and interactive. INTRALOT has been awarded with the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) for its global lottery operations.
Ms. Dimitra Tzimou, Corporate Relations Manager,
AMELCO builds bespoke trading and sportsbook solutions tailored to its customers' specifications. The company was established in 2006 on the back of technical and industry expertise gained from development experience building software solutions for pricing, trading and execution platforms offering electronic brokering services to the global banking sector. AMELCO’s enterprise sports betting trading solution is now recognized as market leading within the industry.
Mr. Paul Manning