INTRALOT SEALS VLTs PRE-COMMITMENT CONTRACT IN VICTORIA
INTRALOT Gaming Services Pty Ltd, a wholly owned subsidiary of INTRALOT Australia Pty Ltd, has signed a contract with the Victorian State Government in Australia to implement a voluntary pre-commitment scheme for up to 30,000 electronic gaming machines (EGM) across the State including the Melbourne Casino.
The Pre-Commitment solution in Victoria, Australia will be a state-of-the-art and world leading Responsible Gaming initiative. The scheme will be voluntary for players, it will, however, be mandatory to be offered on all gaming machines operating in Victoria including at the Melbourne Casino. Players will be able to set time and loss limits on any electronic gaming machine, track their play across the State and electronically access their personalised information at any gaming venue, or online.
INTRALOT was selected as the preferred provider by the Victorian Government in September 2013. Following the successful contract negotiations and a thorough technical and commercial due diligence process, INTRALOT will undertake the operation of the pre-commitment service for a period of 12 years, until August 2027, with system being planned to be installed during 2015 before the official launch on December 1st, 2015.
The Minister for Liquor and Gaming Regulation, the Honourable Mr. Edward O’ Donohue MLC, stated: “The Victorian Coalition Government welcomes the agreement reached between the state of Victoria and INTRALOT and looks forward to continuing to work with IGS to deliver a world leading voluntary pre-commitment system for Victorian gaming machine players.”
Mr. John Pantoleon, INTRALOT Group Chief Operating Officer, commented: “Following the successful implementation of the monitoring licence project in Victoria, we are very pleased to move together with the State to deliver such a world leading initiative in the important field of responsible gaming, since this is a core element of INTRALOT Group strategy around the world.”
“We are very happy to sign this important contract with the Government of Victoria. With the hard work and dedication of our team, we will manage to create an exemplary initiative for the region, the country but also the Gaming sector globally,” added Mr. Antonis Markopoulos, INTRALOT Group Managing Director in Oceania.
Mr. Steve Wooding, Chief Operating Officer of INTRALOT Australia, said: "We are very satisfied to conclude this agreement with the government of Victoria. The Pre-commitment scheme is another example of INTRALOT’s innovative technology and dedication to the principles of Responsible Gaming.”
INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting, Racing & 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 57 jurisdictions, more than 5.500 people and revenues of €1,54 billion for 2013, INTRALOT has established its presence on all 5 continents.