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Lotterywest Extends Intralot Partnership Until 2026

Posted on January 8, 2021 | 8:30 am

Lotterywest, the state-owned lottery of West Australia, has signed an extension to the contract with Intralot’s Australian subsidiary, making the agreement run from January 2022 until January 2026.

Intralot Australia will continue to provide Lotterywest its lottery operating system, along with services that ensure the smooth running of the state lottery. Intralot is a Greek company that provides its systems and services to several state-licensed operations around the world.

The company was founded in 1992 and now it provides its gaming solutions in 42 regulated jurisdictions worldwide, with a global workforce of approximately 3,800 employees.

Speaking about the contract extension, Marios Mitromaras, chief executive of Intralot Australia, said: “We are proud to extend our strong and solid collaboration with Lotterywest, an esteemed lottery operator with extreme contribution to the West Australian society. This extension represents the confidence on Intralot’s lottery technology, systems and support.”

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Increasing The Online Presence

In November, Lotterywest made an important step towards securing a wider customer base in the online world by signing a ten year supply agreement with Australian company Jumbo Interactive.

A month later, the white-label website designed by Jumbo Interactive for Lotterywest was declared fully operational and ready to welcome players onboard.

Jumbo Interactive has been operating the popular Australian website, which processes more than AUD$150 million in lottery tickets sales per year and has more than 2 million customers.

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A Tough Year For Intralot

At the same time, Intralot announced that it expected a sharp decrease in earnings for 2020, mostly due to the novel coronavirus pandemic. The Greek company expected a decrease in earnings between 25 and 28 million euros for the entire year.

However, the reopening of Australian casinos and other gambling venues in December made them hopeful of a slight recovery in the final quarter of 2020.

The coronavirus pandemic was not the only problem for Intralot in 2020. One of the major blows for the company was the loss of the Inteltek sports betting operator contract in Turkey.

Then Intralot lost its license in Bulgaria, and those events combined led to a 44.9% decrease in revenues for the second quarter of 2020 compared to the similar period of the previous year.

Source: “INTRALOT Signs Contract Extension with Lotterywest in Western Australia until 2026“Intralot. December 30, 2020.

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