A consortium led by Intralot and Korean heavy-hitters Daewoo and Samsung has won the bidding to operate the country’s National Lottery.
Nanum Lotto, as the group is known, will operate the lottery’s Online Lotto, Instant Products and Electronic Lottery through 2018 under a contract that calls for Intralot to also provide systems, monitoring and consulting services and technical support.
The award is the second for the group, whose members include Daewoo Information Systems, Samsung Publishing, Youngwoo, Bixolon, NH Bank, Windyplan and the Eugene group, which has operated the National Lottery since 2007. During that time sales have increased 25% on the strength of a single game, the 6/45 LOTTO. The next five years will see the group focusing on expanding the online and instant game portfolios, Intralot said.
The Athens-based lottery giant posted €717.2 million in consolidated revenues through the first half of 2013, a 4.3% increase over the prior-year period. EBITDA was up almost 20% to €97.6 million.
The January-June period was highlighted by a 10-year renewal in Taiwan of an Intralot joint venture as operator of the country’s Public Welfare Lottery and the JV’s selection as a provider of sports betting technologies and services. Intralot’s five-year lottery contract in Tasmania also was renewed, and the company was awarded a six-year contract to provide Internet betting in Poland. The company’s longstanding relationships in Greece were extended to include a new central system and support services for monopoly betting operator OPAP and ticket sales and supply for Hellenic Lotteries. An existing contract with the Ohio State Lottery for instant ticket and gaming system services also was extended.
