Intralot secures third deal in Taiwan to supply betting services




Greek lottery and gaming systems provider Intralot has strengthened its relationship with the Taiwan Sports Lottery Corporation (TSLC), securing a ten-year contract to supply the lottery with online and land-based single-event betting services. 

Intralot will supply the TSLC with operational support services for a retail network of 1,200 points of sale across the Chinese constitutional republic, as well as online and mobile platforms to launch single-event sportsbook offerings.

The supplier will offer a range of product customisation, content management, odds compilation and risk management services, alongside marketing and consultancy support.

TSLC chief executive Ted Lin said his company had selected Intralot as its betting services partner due in part to its “global practices” in the field, as well as the existing relationship between the businesses. Intralot already works with TSLC, supplying the lottery with hardware and software for retail betting systems after winning a similar supplier contract in September this year.

Lin added that this further cooperation between the companies is expected to be “more efficient and effective in fixed odds betting services and risk management.”

The deal marks Intralot’s third partnership in Taiwan, having previously been selected as the technology supplier for the ChinaTrust Commercial Bank, which is licensed to operate the Public Welfare Lottery, China’s only other legal gambling entity.

The supplier’s general manager for Asia Marios Mitromaras said securing a third contract in Taiwan within six months was “the result of [its] long term investment and the commitment of [its] local team,” adding that he was “confident that it will yield positive results for both parties.”

Nikolaos Skayannis, the company’s group director of betting said he was “delighted” to launch its betting services offering in the Asian market for the first time.

“Capitalizing on our long experience in betting services in 17 jurisdictions around the world, such as Germany, Italy, Turkey, Morocco, Azerbaijan, Peru, and Greece, among others, we are confident that we will enable our valuable partner, TSLC, to establish a profitable betting operation and offer Taiwanese players exciting betting games,” Skayannis added.

Shares in Intralot S.A (Co. Data) (ASE:INLOT) closed Thursday at €1.99 per share in Athens, down 0.50 per cent in trading during the day.

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