INTRALOT SIGNS CONTRACT IN TURKEY
INTRALOT announces that its subsidiary in Turkey, INTELTEK, signed a contract with the Turkish State Organization, Spor Toto, to continue the operation of the popular sports betting game “Iddaa” for up to one year. INTELTEK will continue uninterruptedly the operation of the game in the 4.000 points of sale that it has established in Turkey.
The new contract came as a result of the recent law that has been voted by the Turkish Parliament that sets the framework for the operation of sports betting in Turkey. According to this law, it is expected that during this year a tender will be procured for the operation of sports betting in Turkey for the next period of up to 10 years.
INTRALOT S.A. CEO, Mr. Constantinos Antonopoulos, stated: “We are pleased to continue our successful cooperation with Spor Toto. Moreover, we are very proud that our investment in the Turkish market has yielded to the local community and will continue to add value to the Turkish state, to the football clubs and the agents. 2008 is expected to be a milestone year for the game “Iddaa”, since the presence of the Turkish national team in Euro 2008 will stimulate the interest of the Turkish players and further boost the sales of the game.”
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. It’s 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 more than 40 countries, with 4.000 people and revenues of €791,4 m. for 2006, INTRALOT has established its presence on all 5 continents.