In 2018, Intralot announced the acquisition of an indirect shareholding towards Hellenic Casino Parnitha. It acquired a 50 per cent share of the Cypriot company Karenia Enterprises Company for €6.75m via its subsidiary Intralot Global Holdings. Karenia holds a 30 per cent stake in the Athens Resort Casino which has a 51 per cent share of the Hellenic Casino Parnitha.
revenues. Obviously this is partly down to the number of installed machines whilst there was a temporary halt in the rollout mid 2018.
WHO SUPPLIES WHO?
Intralot is the technology supplier of the numerical lottery system for OPAP and also the scratch and passive games of Hellenic Lottery.
Te company saw group revenues (turnover) of €870.8m by end year 2018. Tis was a 6.4 per cent drop compared to the year before. GGR was €457m compared to €508.7m for 2017. Group revenues (turnover) for the first half of 2019 were €378.1m and a GGR of €218.3m
Te company’s sports betting sector contributes P110 NEWSWIRE / INTERACTIVE / MARKET DATA
the largest amount towards revenues with 51 per cent followed by lottery games (36 per cent). Te VLT sector accounts for 3.5 per cent.
In the home market of Greece lower sales in the Technology and Support Services activity in July 2018 (€221m compared to €232.5m in 2017) was mostly down to the transition to the new OPAP contract plus a €3m fee paid out to the Hellenic Lotteries project.
In July last year OPAP signed a binding MOU with Intralot to acquire all of Intralot’s shares in Hellenic Lotteries SA. Tis was finalised in September and Intralot transferred all of its shares in Hellenic Lotteries to OPAP for €20m.
Lottery games in Greece were initially under a
state monopoly but transferred to private operators under a concession agreement. As such, in 2013, Hellenic Lotteries signed a 12 year concession agreement for the exclusive right to operate the state lotteries. Previously, Hellenic Lotteries was a consortium made up of OPAP, Intralot and Scientific Games (16.5 per cent share).
Hellenic Lotteries was set up in 2013 and has a concession agreement to manage all state lotteries including games such as Te Laiko, Ethniko, Protochroniatiko (Special state solidarity lottery) plus instant scratch cards via a network of more than 12,400 points of sale.
Hellenic Lotteries saw a GGR of €152.1m for 2018 (€158.9m in 2017) and a net gaming
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170
