INTRALOT EXPANDS IN GERMANY
INTRALOT recently concluded to an agreement with Hamburg’s State Lottery “LOTTO HAMBURG” –the state lottery of Hamburg which has been operating for more than 50 years, with 530 POS and €213,6 M. in sales- concerning a very important pilot project.
The agreement entails the customization and installation of LOTOS, the base platform of INTRALOT’s integrated gaming management system along with the POS terminal software. The installation will provide LOTTO HAMBURG with a modern state-of-the-art central system. Conversion to the new and technologically advanced system will commence within the first semester of 2007.
INTRALOT will assume the cost of the entire investment for LOTOS adaptation to the principles and traits that govern the German gaming market, as well as of the maintenance needed during the pilot project.
The innovative LOTOS software application platform has been designed and developed exclusively by INTRALOT, utilizing state-of-the-art tools and techniques. LOTOS has already been installed in over 20 countries worldwide and is internationally recognized as one of the most advanced and reliable open-architecture solutions.
According to Siegfried Spies, Managing Director of LOTTO HAMBURG, this is undoubtedly the right step at the right moment: “Our objective is to become technologically innovative and flexible whilst continuously providing absolute security in the processes of the games business. On that basis we have repositioned ourselves strategically in terms of IT. As a small lottery company, it is essential for us that our business processes and infrastructure are efficient and effective. For that reason it is important for us that the software products we use are available and further developed on the market as standardised products; individual adjustments of individual solutions simply would be too costly and time-consuming for us”.
INTRALOT’s CEO, Mr. Constantinos Antonopoulos, stated: “We would like to thank LOTO HAMBURG, one of the most progressive lotteries in Germany, for this cooperation. We are sure that INTRALOT will deliver a result that will meet the Lottery’s high quality standards and thus will justify the Lottery’s entrustment of the modernization of its gaming central system. Furthermore, our investment in this project will be the “vaulting horse” for our future activity in Germany as well as the strengthening of our presence in the E.U.”
ABOUT LOTO HAMBURG
LOTTO HAMBURG is the state lottery of the Free and Hanseatic City of Hamburg and has been organizing officially licensed gambling, such as LOTTO 6aus49, GlücksSpirale, KENO and the legal sports betting, ODDSET and Toto, since more than 50 years. In the financial year of 2005, Hamburg’s lottery generated € 213.6m in stakes at approx. 530 point of sales and via the internet gaming offer at www.lotto-hh.de.
INTRALOT, a public company listed on the ASE, is a leading supplier of integrated gaming and transaction processing systems, innovative game content and value added services to state-licensed gaming organizations worldwide. It’s broad portfolio of products & services, its know-how of Lottery, Betting & Video Lottery operations, its experience in sports games and its leading-edge technology, give INTRALOT a competitive advantage, which contributes directly to customers’ efficiency, profitability and growth. With 37 subsidiaries, 8 business offices, 3,000 people and revenues of € 523 million for 2005 and €700(?) for 2006, INTRALOT’s footprint straddles five continents.