intralot-signs-a-new-seven-year-agreement-with-magnum-corporation-in-malaysia

INTRALOT signs a new seven-year agreement with Magnum Corporation in Malaysia

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INTRALOT is pleased to announce the signing of a new agreement with Magnum Corporation Sdn Bhd, a leading gaming company in Malaysia. This agreement follows the successful outcome of an international call for tenders issued by Magnum Corporation in 2022. The term of the new agreement is for seven (7) years, with an option for two extensions of five (5) years each, thereby providing the opportunity for another seventeen (17) years of strategic and productive collaboration with Magnum Corporation.

INTRALOT will help enhance Magnum Corporation’s current retail offering through a seamless transition to its modern LotosX Omni ecosystem. Comprising of LotosX Central Gaming System, PlayerX Player Account Management System, RetailerX Retailer Management System, DMS Device Management System, PhotonX Gaming Terminals, Canvas Content Management System, and Orchestrator, LotosX Omni will enable Magnum Corporation to implement a comprehensive omnichannel strategy to seamlessly engage their customers across both traditional and digital channels, promising to enhance customer experience and improve productivity.

The CEO of Magnum Corporation Sdn Bhd, Dato’ Lawrence Lim Swee Lin, commented: “Magnum Corporation is proud to continue this partnership with INTRALOT, a steadfast ally in helping us grow our business, and to innovate the gaming experience for our customers. With our industry expertise and INTRALOT’s cutting-edge technology, we are crafting a future of innovation together, creating a more immersive gaming experience with enhanced levels of personalization and security, both in our retail and digital spaces.”

Mr. Marios Mitromaras, CEO of INTRALOT Australia, stated: “We are very pleased to keep working with Magnum Corporation. Our continued collaboration is a partnership built on trust, understanding and a shared commitment in elevating gaming excellence for their customers. INTRALOT has an established presence in the country since 2006, helping Magnum Corporation grow its business and create value for the local community. We look forward to deploying our cutting-edge technology and high-quality operating services as Magnum Corporation continues to push boundaries and take steps to modernize their player experience.”

33-new-millionaires-at-lotto24-in-2023

33 new millionaires at LOTTO24 in 2023

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2023 was a good year for lottery players – the jackpots of Germany’s most popular lotteries, Eurojackpot and LOTTO 6aus49, reached record levels several times over. The players of LOTTO24 AG had particular reasons to celebrate last year: the market leader for online lotteries paid out a record prize sum of EUR 615,213,517 to almost 1.6 million winners in 2023. A total of 33 players became millionaires! This includes players of the LOTTO24 and Tipp24 brands. Most of the winners came from North Rhine-Westphalia (19.1 percent), Bavaria (16.1 percent) and Baden-Württemberg (13.7 percent). The highest winnings were paid out in Hamburg last year – more than EUR 169.6 million went to players from the Hanseatic city in northern Germany!

Three record winnings

Playing the lottery and suddenly becoming one of the richest Germans – that’s what happened to three LOTTO24 players last year. The biggest prize was won by a 36-year-old from Hamburg: he won more than EUR 117 million in Eurojackpot last August. He was closely followed by a 61-year-old LOTTO24 player from Bremerhaven, who won more than EUR 107 million in Eurojackpot in January. In third place is a 63-year-old from Hamburg who won EUR 45 million in LOTTO 6aus49 in April.

Most prizes were won in these lotteries

The luckiest lottery last year was once again Eurojackpot: LOTTO24 AG players won an impressive total of EUR 354,607,865 in this lottery. In second place is LOTTO 6aus49 with winnings of EUR 189,890,111, while the supplementary lottery Spiel 77 is in third place with winnings of EUR 18,769,981.

“In the past year, LOTTO24 has become a real hotbed of winners,” says Andrea Behrendt, CFO of LOTTO24 AG. “We are delighted and proud to have helped so many of our customers fulfill their dreams last year and are keeping our fingers crossed for all players in the new year.”

egamingmonitor-lauds-eurodreams-lottery-launch

Egamingmonitor Lauds Eurodreams Lottery Launch

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Analysis from global data provider highlights strong start of new multistate lottery

Egamingmonitor (EGM), a leading provider of gaming industry data, has analysed the performance of Eurodreams, the latest multistate lottery to launch in the industry.

The analysis has been completed using EGM’s proprietary Lottery Data Product, launched at the start of 2024, which looks at over 100 state and national lotteries and delivers comprehensive reporting data, insight and overviews of the global lottery industry.

The lottery, which debuted across Euromillions countries in November is a ‘cash for life’ product where a fixed jackpot of €20,000 per month for 30 years can be won twice a week. Boasting shorter odds than its two United States ‘cash for life’ equivalents, the Eurodreams product does not offer a shared jackpot, unlike other multistate ‘’cash for life’ draws, and EGM expects it lottery to yield more winners per year too than similar draws globally.

In comparison to other ‘cash for life’ products across the world, Eurodreams has seen a better sales ratio versus the main multistate draw products of 25%; almost 5% more than closest competitor, Set for Life. In the first few weeks, the average ticket sales were approximately 1/3 the amount of Euromillions lottery tickets sold, a trend that carried across Europe.

The product has been particularly well received in France with the nation responsible for approximately 40% of all Eurodreams ticket sales each month. This was assisted by the very first two winners coming from France, ensuring that there was an immediate lift in both the country and across the continent.

On a per capita basis, comparatively smaller countries such as Portugal and Switzerland are the biggest spenders on the lottery product, mirroring the affinity in those nations for the Euromillions draw itself.

“The Eurodreams has had an excellent launch with a higher ratio of sales to rolling multistate jackpot draws than in other regions,” the Chief Executive Officer for EGM, Kevin Dale, said. “On current run rates, it could well hit €1 billion of sales, taking it comfortably into pole position in terms of global sales of ‘cash for life’-type products.

“As a product genre, the fixed jackpot element of these draws benefits the operators in that it allows for predictable sales as opposed to the highs and lows of some of the larger multistate jackpots. In turn, charity or state receipts are also more stable as a result, creating a more cohesive ecosystem for lottery providers.”

To book a meeting at ICE London 2024, please get in touch on Info@ Egamingmonitor .com.

intralot-announces-extension-of-contract-with-la-marocaine-des-jeux-et-des-sports-for-lottery-games

Intralot Announces Extension of Contract with La Marocaine Des Jeux et Des Sports for Lottery Games

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Intralot announces the extension of the contract between Intralot Maroc, a subsidiary of the Intralot Group, and La Marocaine Des Jeux et des Sports (MDJS), a state lottery offering sports betting and other games of chance in Morocco, for up to two additional years. The contract is now due to expire on December 31, 2025.

Intralot Maroc will continue to operate MDJS’s popular lottery games, Tifo and Chrono, which will be distributed through an optimized network of points of sales, using the existing technology infrastructures and according to the highest international standards.

Intralot has been present in the gaming market of Morocco since 2010 and is proud to continue its presence in the country.

igt-discontinues-appeal-against-national-lottery-tender-process

IGT Discontinues Appeal Against National Lottery Tender Process

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The UK Court of Appeal has granted IGT’s request to dismiss its appeal against its High Court loss in a case challenging the Gambling Commission’s National Lottery tender.

The decision stems from the UKGC’s 2022 decision to award the fourth National Lottery licence to Allwyn Entertainment. This was challenged in court by both Camelot and IGT, who had lodged a rival bid. Camelot had previously been the operator of the National Lottery since its inception in 1994.

After losing a High Court battle in June, Camelot ended legal proceedings. The operator was later acquired by Allwyn from the Ontario Teachers Pension Plan.

However, IGT continued to dispute the tender, appealing the matter to the Court of Appeal where it sought damages from the Commission.

IGT’s decision to withdraw its appeal brings an end to the fraught legal dispute involving the National Lottery tender process, which has been bitterly contested by multiple participants.

“We remain resolute that we have run a fair and robust competition, and that our evaluation has been carried out fairly and lawfully in accordance with our statutory duties,” said the UKGC in a statement.

“Our priority is to continue to work to implement our decision for the benefit of participants and good causes. The Fourth National Lottery Licence is due to be granted on 1 February 2024.”

In the gambling supplier’s High Court challenge to the UKGC, it argued the awarding of the tender to Allwyn represented a violation of Article 1 of the European Convention on Human Rights. This is the section which mandates universal protections under the law.

Overall, IGT argued the allegedly unlawful awarding of the contract to Allwyn led to loss of reputation, goodwill and the ability to win similar contracts.

germany’s-largest-lottery-operator-westlotto-selects-openbet’s-neccton-technology-to-enhance-compliance-capabilities

Germany’s largest lottery operator WestLotto selects OpenBet’s Neccton technology to enhance compliance capabilities

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WestLotto deploys Neccton’s responsible gaming, anti-money laundering and fraud detection tools to boost player behaviour insights

 

OpenBet, a leading content, platform and service provider to the gambling industry, has announced a partnership with German lottery operator, WestLotto, to supply Neccton’s gambling compliance products.

A World Lottery Association (WLA) member, WestLotto was first launched in 1955 and prides itself on sustainability through both commercial success and a commitment to responsible gaming, making Neccton a well-suited partner.

By integrating OpenBet-owned Neccton’s responsible gaming, anti-money laundering (AML) and fraud detection service, WestLotto will exceed its regulatory obligations and boost its responsible gaming procedures, resulting in a safer betting experience for players.

After developing a long-standing reputation as a top-tier provider among lotteries worldwide, this latest agreement marks the 18th lottery operator to have partnered with OpenBet. The new agreement follows OpenBet’s announcement that it had been accepted as a Gold Contributor with the WLA last year and highlights Neccton’s position as a trusted partner to lotteries worldwide.

Michael Auer, Managing Director of Neccton at OpenBet, commented: “Our new partnership with WestLotto is hugely exciting and we are delighted to foster this significant relationship with Germany’s largest lottery provider.”

“This is a significant move for us as it makes Neccton the largest responsible gaming provider in this market. We look forward to continuing our growth and enjoying a successful working relationship with WestLotto.”

Axel Weber, Head of Public Affairs, Communication and Responsible Gaming at WestLotto, said: “Player protection as part of responsible gaming is a top priority for WestLotto. This applies to both terrestrial and online gaming. Neccton’s OpenBet provides us with a tool that meets our player protection requirements and helps us to offer our players an even safer gaming environment online.”

“Player Protection as part of Responsible Gaming is a top priority for WestLotto. We look forward to working with OpenBet and Neccton in ensuring players have a safe gambling environment and can continue to enjoy our games.”

first-nine-months-at-e12bn-revenues-and-e426m-ebitda,-with-solid-q3-results-driven-by-the-increase-in-the-online-market-share-across-all-product-segments-and-brands-2023-guidance-confirmed.

FIRST NINE MONTHS AT €1.2BN REVENUES AND €426M EBITDA, WITH SOLID Q3 RESULTS DRIVEN BY THE INCREASE IN THE ONLINE MARKET SHARE ACROSS ALL PRODUCT SEGMENTS AND BRANDS. 2023 GUIDANCE CONFIRMED.

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The Board of Directors of Lottomatica Group S.p.A. approved the Condensed Consolidated Interim Financial Statements for the nine months at 30 September 2023.

9M 2023 Results

  • Bets of €21.7 billion, +19% compared to the same period pro forma1 in 2022 (+34% reported)
  • GGR2 of €2,844.1 million, +7% compared to the same period pro forma in 2022 (+10% reported)

Total Online market share: at 21.2% in Q3 (+3.8pp versus FY 2022)

iSports market share: at 20.4% in Q3 (+3.1pp versus FY 2022)

iGaming market share: at 21.7% in Q3 (+4.5pp versus FY 2022)

  • Revenues at €1,194.9 million, +12% compared to the same period pro forma in 2022 (+17%

reported)

o Online at €374.0 million, +30% compared to 9M 2022 pro forma (+56% reported)

o Sports Franchise at €277.4 million, +10% compared to 9M 2022

o Gaming Franchise at €543.5 million, +3% compared to 9M 2022

  • Adjusted EBITDA3 at €426.4 million, +15% compared to the same period pro forma in 2022 (+25% reported)
  • Operating cash flow4 at €344.7 million
  • Net financial debt at €1,248.1 million equivalent to 2.2x on LTM run rate Adjusted EBITDA5
  • Guidance for fiscal year 2023 confirmed: €1,630 – 1,690 million of revenues, €570 – 590 million6 of Adjusted EBITDA, (c. 50% of Adjusted EBITDA contributed by the Online segment), c. €65 million of recurring capex, c. €45 million of concession capex, c. €30 million of one-off growth capex and c. €35 million of payable for potential deferred consideration.

Guglielmo Angelozzi, Chief Executive Officer of Lottomatica Group, commented: “In this third quarter we have consolidated our leadership position and our Online business has continued to grow market share across all product segments and brands. In the first nine months we reached €426 million of EBITDA, up 15% compared to the same period in 20227. We are on track to achieving our guidance for fiscal year 2023 and to continue to execute our strategy of organic and M&A growth.”

***

The Board of Directors of Lottomatica Group S.p.A. approved the Condensed Consolidated Interim Financial Statements for the nine months ended 30 September 2023.

 

Key consolidated results for 9M 2023

 

Please note that Betflag has been consolidated on the reported numbers (“rep”) since 1st December 2022. Thus, the first nine months of 2023 results are commented compared to the pro forma (“PF”) amounts for the same period of 2022 as if Betflag acquisition occurred on 1st January 2022.

 

Bets by segment

€ million; % 9M 2023 9M 2022 PF            9M 2022 rep YoY PF % YoY rep %
Online

 

Sports Franchise

 

Gaming Franchise

11,533

 

2,029

 

8,149

8,400                       6,303

 

1,769                       1,769

 

8,118                       8,118

+37%

 

+15%

 

+0%

+83%

 

+15%

 

+0%

Total Bets 21,711 18,287                      16,190 +19% +34%

 

In the first nine months of 2023, Lottomatica collected bets for €21.7 billion, +19% compared to the same period pro forma in 2022 (+34% reported). The Online segment continued to outperform with bets up 37% compared to the same period pro forma of 2022 (+83% reported).

 

Revenues by segment

€ thousands; % 9M 2023 9M 2022 PF           9M 2022 rep YoY PF % YoY rep %
Online

 

Sports Franchise

 

Gaming Franchise

373,978

 

277,447

 

543,518

288,185                   239,514

 

252,599                   252,599

 

525,691                   525,691

+30%

 

+10%

 

+3%

+56%

 

+10%

 

+3%

Revenues 1,194,943 1,066,475                1,017,804 +12% +17%

 

Revenues amounted to €1,194.9 million in the first nine months of 2023, compared to €1,066.5 million in the same period pro forma of 2022, with +12% increase pro forma (+17% reported). Excluding the impact of the unfavourable payout8, revenues in Q3 were up +11% compared to Q3 2022 pro forma, substantially in line with the growth rate of the first two quarters.

The Online segment totalled €374.0 million revenues in 9M 2023, +30% compared to the same period of 2022 pro forma (+56% reported), with a strong double-digit performance also in the third quarter driven by the market share growth across all product segments and brands. Excluding the impact of the unfavourable payout8, revenues in Q3 were up +40% compared to Q3 2022 pro forma.

The Sports Franchise segment reported €277.4 million in revenues in 9M 2023, up +10% compared to the same period of the previous year. Excluding the impact of the unfavourable payout7, revenues in Q3 were up +8% compared to Q3 2022 pro forma.

The Gaming Franchise segment revenues reached €543.5 million in 9M 2023, +3% compared to the same period of 2022. Revenues in Q3 decreased by -3% compared to Q3 2022, which benefited from the removal of Covid-related restrictions.

 

Adjusted EBITDA and margin by segment

€ thousands, % 9M 2023 9M 2022 PF                     9M 2022 rep YoY PF % YoY rep

         %        

+56%

 

+1%

 

+4%

Online

 

Sports Franchise

 

Gaming Franchise

217,855        58.3%

 

79,939        28.8%

 

128,587        23.7%

168,768        58.6%          139,548        58.3%

 

79,169        31.3%            79,169        31.3%

 

123,612        23.5%          123,612        23.5%

+29%

 

+1%

 

+4%

Adj EBITDA 426,381        35.7% 371,549        34.8%          342,329        33.6% +15% +25%

 

Adjusted EBITDA reached €426.4 million in the first nine months of 2023, +15% compared to the same period pro forma of 2022 (+25% reported). Adjusted EBITDA margin reached 35.7% on revenues, compared to 34.8% in the same period pro forma of 2022 (33.6% reported) driven by the higher contribution of the Online business.

Excluding the impact of the unfavourable payout7, Adjusted EBITDA in Q3 was up +18% compared to Q3 2022 pro forma, in sequential acceleration compared to the first two quarters.

 

Operating cash flow

€ thousands 9M 2023 9M 2022 rep
Adjusted EBITDA 426,381 342,329
Recurring capex

 

Concession capex

(46,073)

 

(35,582)

(44,503)

 

Operating cash flow 344,726 297,826

 

Operating cash flow in the first nine months was €344.7 million, compared to €297.8 million for the same period in 2022, as a result of the increase in Adjusted EBITDA partially offset by concession payments.

 

Net financial debt

 

€ milion                                                       30 June 2023

Pro forma

 

30 Sept 2023

 

Gross Financial Debt                                                       1,539

 

EUR 550m FRNs due 2028                                                  550

 

EUR 565m SSNs due 2028                                                  565

 

EUR 350m SSNs due 2027                                                  350

 

IFRS 16 (leases)                                                                     74

 

1,542

 

550

 

565

 

350

 

77

Cash                                                                                   (323) (294)
 

Net Financial Debt                                                            1,216

 

1,248

LTM run rate Adjusted EBITDA                                             559 572
  2.2x

 

Net leverage                                                                        2.2x

 

Net financial debt amounted to €1,248 million as of 30 September 2023, equivalent to a net leverage of 2.2x on LTM run rate Adjusted EBITDA9.

***

Management will hold a conference call at 10:00 CET on 31 October 2023 to comment the consolidated results to the market. The event can be followed:

  • Via phone: +39 02 802 09 11 or +44 121 281 80 04 or +1 718 705 87 96
  • Via  Webcast

The manager in charge of preparing the company’s accounting documents, Laurence Lewis Van Lancker, declares, pursuant to paragraph 2 of Article 154-bis of the Consolidated Finance Act, that the accounting information contained in this press release corresponds to the documented results, books and accounting records.

the-health-lottery-unveils-rebrand

The Health Lottery unveils rebrand

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Society lottery operator The Health Lottery has today announced a revamp of its flagship lottery game, along with the launch of a new website, logo and identity for the overall brand.

Its five-times-a-week lottery game has been renamed The Big Win, and a new prize structure will be in place from tomorrow night’s draw.

The biggest prize change is in the Saturday draw, when the main prize in its free second chance prize draw will be increased to £475,000 from the current level of £250,000. Players who buy a ticket for any Wednesday or Saturday night draw are automatically entered into a free second chance prize draw, which takes place shortly after the first draw.

There will also be some other changes to the draw’s prize structure, with the most significant being that those matching four balls on any draw will receive a prize of £300, up from £250.

 

 

“To improve our appeal to players, we’ve increased our Saturday night free prize draw to the highest level possible for a society lottery operator,” said Lebby Eyres, CEO at The Health Lottery. “Players will be able to win a truly life-changing amount from this weekend’s draw. Though the free second chance prize draw jackpot will almost double, tickets to the main draw will still cost £1.”

Eyres added: “We’ve also rebranded to give the draw its own identity. As The Health Lottery’s portfolio of games has expanded beyond the original lottery draw, we decided it was time the main game was differentiated more strongly from our other products.”

In addition to The Big Win, The Health Lottery also offers draw-based games All or Nothing and QuickWin, as well as online instant win games.

Other changes being introduced as part of The Health Lottery’s rebrand include a Mega Monday promotion, where anyone playing QuickWin on Mondays is entered into a £500 raffle, as well as Super Sunday, which offers a £500 raffle for instant win games bought on Sundays.

In addition, direct debit players will automatically be entered into a monthly raffle that will see 10 players win £100 each.

Eyres said this last change was part of a strategy to better reward its regular customers. It has also invited 20,000 online customers to be part of a customer panel, with players receiving free tickets in return for taking part in monthly surveys.

“We want to drive more engagement with our most loyal customers and relate to them better. From August, we will be asking them about different topics each month to obtain feedback on our rebrand, their journeys, instant win games, good causes and so on, with a view to making sure our product is as closely aligned with our players’ preferences as possible.”

Other changes aimed at increasing engagement among players include an overhauled and much-expanded section of the website that features stories of people who’ve benefited from the funds raised via The Health Lottery.

This initiative was driven by Eyres, who joined The Health Lottery at the beginning of the year after more than 20 years as a journalist, 14 of which were spent at publications previously owned by The Health Lottery’s parent company Northern & Shell.

“I want to drive a better emotional connection between players and The Health Lottery by improving our storytelling and making players aware of where the good causes element of their ticket is going.

“Part of the way we are doing this is by breaking down these stories and the associated charities on a regional level to show people what good causes we’ve supported in their local region and how their tickets are making a difference to people who live around the corner,” said Eyres.

The Health Lottery will also invest in a significant marketing campaign to support the rebrand, including above-the-line advertising and leaflet drops.

In addition to appointing Eyres to help drive its planned rebrand, The Health Lottery also named Mark Nash its marketing director in May. Nash was previously head of marketing strategy and planning at general insurer Aviva, and has also held positions at Hiscox and News UK.

rsc-anderlecht-and-belgian-national-lottery-renew-their-partnership

RSC Anderlecht and Belgian National Lottery Renew Their Partnership

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RSC Anderlecht and the Belgian National Lottery have renewed their partnership. The Belgian National Lottery remains a loyal partner of the club and lends its name to the stadium, the Lotto Park.

RSCA and Lotto concluded their first partnership in 2018. In the past five years, both partners managed to build a strong partnership. Both brands appeal to a particularly wide audience and reinforce each other in their intention to please the Belgian audience with special experiences.

CEO Non-Sports Kenneth Bornauw: “We are delighted to continue our partnership with the Belgian National Lottery. The Lotto Park has become a familiar name in recent years, a brand name that stands for passion and a wonderful experience for fans. It is pleasing to see that the National Lottery is confident about the road ahead and is continuously supporting us in our ambitions.”

Belgian National Lottery Managing Director Jannie Haek: “I am delighted that our partnership with Sporting Anderlecht is being continued. It is quite exceptional that the name ‘Lotto Park’ has, in a very short time, become part of the collective memory in football. The naming of various venues and locations is inherent to the Belgian National Lottery’s strategy of being as close as possible to our fellow Belgians every day.”

igt-deploys-cloud-based-lottery-systems-for-totalizator-sportowy-in-poland

IGT Deploys Cloud-Based Lottery Systems for Totalizator Sportowy in Poland

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International Game Technology PLC announced that it has upgraded Poland’s national lottery operator Totalizator Sportowy’s iLottery platform and deployed all of its components to the cloud. This go-live marks the first time that IGT has launched a customer’s comprehensive iLottery platform to the cloud and Totalizator Sportowy is the first European lottery to have its end-to-end iLottery system on the cloud.

IGT upgraded Totalizator Sportowy’s iLottery system to its latest high-performing player account management system, IGT Command, and deployed it on the cloud. IGT’s player account management system is the powerhouse engine for all iLottery player-centric functions and game enablement. The complete lineup of products enables the Lottery to oversee all areas of player engagement, anticipate new customer and technological trends, strategically adapt the operation to new opportunities, leverage convenient cashless options, and provide advanced responsible gaming features. IGT had previously launched its remote gaming server to the cloud as well, which enables Totalizator Sportowy to deliver a steady stream of premium content to its players.

“Totalizator Sportowy has partnered with IGT to improve our lottery technology and systems and provide our players with responsible and engaging lottery solutions,” said Olgierd Cieślik, Totalizator Sportowy CEO. “Deploying our iLottery platform in the cloud offers us scalability and helps us reduce time to market for system enhancements. Totalizator Sportowy is always eager to introduce innovation, and in this case, we are the first lottery in Europe to have an end-to-end cloud-based iLottery technology.”

“Moving Totalizator Sportowy’s iLottery central system to the cloud marks an exciting first-time, end-to-end cloud deployment for IGT,” said Srini Nedunuri, IGT Senior Vice President, iLottery. “We recognize the many benefits of cloud technology and know that it facilitates easier integration of data and insights, faster upgradeability and scalability, and improves overall efficiency. These benefits will ultimately deliver a more dynamic experience for Poland’s iLottery players.”