Archive for October, 2017

INTRALOT COMPLETES Bit8 ACQUISITION

Thursday, October 19th, 2017


The INTRALOT Group announces the signing of a Share Purchase Agreement to acquire, via INTRALOT Global Holdings BV, the remaining 65% of Bit8, a gaming technology company in Malta, in which INTRALOT first invested in 2015. Bit8 is an established gaming company with market-tested, award winning gaming platforms, stand-alone and hosted solutions and a large portfolio of international clients.

In the past two years of INTRALOT’s strategic cooperation with Bit8 the technology teams of the two companies worked closely for the development of INTRALOT’s novel CRM (Customer Relationship Management), platform PULSE, available in Retailer and Player versions that work seamlessly to enhance the value delivered to both Operators and Players.

INTRALOT GROUP CEO Antonios Kerastaris stated: “I am very excited to complete the acquisition of Bit8 by INTRALOT at the end of a two-year joint product development partnership that has secured for INTRALOT, among other benefits, PULSE, a world-class CRM system.
PULSE has become a major pillar of our Digital Transformation strategy for Lottery Modernization and a strategic asset in our product portfolio. Bit8 today becomes a full member of the INTRALOT family, carrying enormous promise for future growth and product development by playing an important role in the successful deployment of our “All About the Player“ product design strategy.”

Bit8 Founder Angelo Dalli, who remains in the Board of Directors of Bit8 offering strategic advice for further development stated: “I am thrilled for the success of our cooperation with INTRALOT and today’s development that promises to bring a new cycle of growth, portfolio enhancement, and international recognition for Bit8. Like every Founder who has worked hard for the creation of a successful company I am proud about the company’s evolution and look forward to our future cooperation to reach new targets.”

INTRALOT EXPANDS ITS WLA SCS & ISO 27001 CERTIFICATION IN CHILE AND THE US STATES OF LOUISIANA AND MONTANA

Wednesday, October 4th, 2017


INTRALOT has been awarded the World Lottery Association Security Control Standard
(WLA SCS:2016) and ISO/IEC 27001:2013 certification for its operations in Chile and in the States of Louisiana and Montana in the US, in line with the Group strategic priority to meet the highest global security standards.

The new certifications cover all corporate functions of each operation, formalizing the existing management systems that control the integrity of the games and corporate conduct as a whole and are complementary to the WLA SCS, ISO 27001, ISO 20000,
ISO 9001, ISO 29990 and ISO 14001 certificates of INTRALOT Headquarters in Athens, Greece.

The certifications cover the complete life cycle of system and service design, development, implementation, support and operation in a particular country. The audits were performed by TUV Nord, one of the world’s largest certification bodies which performed on-site inspections, examining the local operations.

“Boosting transparency and integrity standards is a strong prerequisite for sustainable growth and value creation in the digital era. To this end INTRALOT provides reliable systems and solutions of the highest qualifications. We are proud to extend our WLA security certification credentials in three more jurisdictions as part of the continuous improvement of our offering to players and business clients,” stated INTRALOT’s Group COO Mr. Nikos Nikolakopoulos.

Mr. Thierry Pujol, WLA SRMC Chair, added: “INTRALOT is being WLA SCS:2016 certified with 3 new jurisdictions (Chile, States of Louisiana and Montana in the USA). This is a great result for this company which was the first Associate Member of the WLA to be WLA SCS certified in 2008. The WLA SCS:2016 is now a reference in terms of transparence and governance in the lottery business industry. With a total of 137 controls WLA SCS:2016 is a strong, mature and reliable standard. As chair of the WLA Security and Risk Management Committee and on behalf of the members of this committee I would like to express my sincere congratulations to INTRALOT and all its management involved in this process.”