INTRALOT ENTERS CENTRAL AMERICA SIGNS LOTTERY CONTRACT IN GUATEMALA
INTRALOT, the leading supplier of integrated gaming and transaction processing systems, enters the Central American gaming market through a newly signed agreement for the operation of lottery games in Guatemala, the duration of which is 10 years.
INTRALOT establishes a joint venture, together with International Gaming Limitada, SGLBVI Limited and VLTBVI Limited, in which INTRALOT is a majority shareholder. The operation of the lottery in Guatemala will be under the auspices of the “Fundación del Niño”, a foundation that is dedicated to the protection of children and whose funds support the children in need of Guatemala. SGLBVI Limited has acquired the contractual rights to operate an online lottery in the territory and VLTBVI Limited has been licensed for the operation of video lottery.
The company will offer to the Guatemalan market a range of numerical, instant and video lottery games, with possibility of further expansion of its gaming portfolio in the future. The project entails the provision of co-hosting services for the central system, microLOT terminals, communication equipment and services and all the related software and maintenance services.
The Republic of Guatemala is the most populous of the Central American countries with nearly 13 million inhabitants. Its GDP per capita reaches US$4,700. The service sector is the largest component of GDP, followed by agriculture and the industrial sector.
Mr. Constantinos Antonopoulos, CEO of INTRALOT S.A. stated: “We are really pleased with our new contract in Guatemala. With this new project, we enter the challenging market of Central America and we are confident we will establish our presence in the area. INTRALOT and our partners will play an important role in the devolvement of the local community and the improvement of the quality of the quotidian life of the people of Guatemala. Being an active and social responsible member of the global business community, through its cooperation with the “Fundación del Niño”, INTRALOT will contribute by bringing back to the local community and to good causes significant part of the lottery’s earnings”.
Mr. Paul Mouttet, President of SGLBVI Limited and VLTBVI Limited, commented: “Based on INTRALOT’s extensive experience and superior technology, we are confident that for the next 10 years we will manage to operate successfully lottery games in Guatemala, to the benefit of the people of the country and in particular the children that need our help”.
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 45 countries, with approximately 4.400 people and revenues of €835,5 m. for 2007, INTRALOT has established its presence on all 5 continents.