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$340m Deal On A 10-Year Period Between Intralot And Illinois State Lottery

NightElf
07.02.2018 00:59
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Intralot Will Install Their Technology In The StatesAbout the contract

 
One of the leading gaming solutions supplier and operator active in 57 regulated jurisdictions worldwide Intralot has publicly announced the signing of a contract worth $340 million on a 10-year period for supplying the Illinois State Lottery. Although founded in 1974, the Illinois Lottery is a state agency with annual sales over $2 billion. Since its inception, the Lottery has contributed more than $16 billion to the state Common School Fund to assist K-12 public schools.
 
The deal between the Intralot and Camelot Illinois LLC will last until October 2027 and obligate INTRALOT to distribute and install their technology in more than 7,500 retail locations across the state.
 
Camelot Illinois has been awarded the contract as the new private manager of the Illinois Lottery. The company is restoring transparency, integrity, and responsibility to the Illinois Lottery. In partnership with the state, Camelot will operate a modern lottery that truly benefits the people of Illinois. The company’s innovative approach places consumers and social responsibility at its core, providing funding for schools, capital projects, and special causes. Camelot is committed to building an organization with the strength and experience to grow the lottery and reinforce its rightful position as a force for good.
 
The online gaming supplier will respect the implement their services and show respect to the Private Management Agreement (PMA) between the Department of the Lottery of State of Illinois and CAMELOT Illinois LLC.
 
However, one of the key products that will be included are Photo terminal, a clerk-operated lottery terminal which is a lightweight, wireless handheld POS terminal that is capable to serve the needs of the dynamic worldwide market, and Genion terminal which is developed in Intralot’s labs and is built around a new generation processor with embedded hardware accelerated graphics which ensures high processing power and full display capabilities when used as an agent or a player-operated terminal. Its small friendly sized full-color TFT touch-screen interface supports user’s Interaction and although Genion is compact in size, it can carry a selection of card readers and a 2D barcode reader. Among, the products Intralot will include also terminal called WinStation 30 (Win30) into the Illinois market.
 
In the announcing the agreement, John Donahue CEO of INTRALOT Inc. said; “We are delighted to have been awarded this long-term contract to serve the State of Illinois and CAMELOT Illinois. We have been a successful technology partner with Camelot elsewhere in the world, and together we will prove to be the right combination for the State of Illinois Lottery.”
 

About Intralot

 
Intralot is a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 57 regulated jurisdictions around the globe. With €1.9 billion turnover and a global workforce of 5.100 employees in 2015, Intralot is an innovation-driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise.
 
Through the use of a dynamic and omnichannel approach, Intralot offers an integrated portfolio of best-in-class gaming systems and product solutions & services addressing all gaming verticals (Lottery, Betting, Interactive, VLT). Players can enjoy a seamless and personalized experience through exciting games and premium content across multiple delivery channels, both retail and interactive. Intralot handles an average of €24 billion of wagers per year and has installed and operates more than 340.000 of its terminals around the world.
 
As a member of the UN Global Compact, Intralot is a global corporate citizen committed to sustainable development, and is an active proponent of the principles of responsible gaming, possessing the WLA responsible gaming framework certificate.
 
The company maintains the highest security certifications. Intralot is the first international vendor in the gaming sector that has been certified according to the World Lottery Association (WLA) Security Control Standard in 2012. Moreover, the Company has been certified with the ISO 27001 for its Information Security Management System (ISMS) and maintains the ISO 20000-1 certification on Information Technology Service Management.
 
Intralot contributes decisively to the future developments of the industry being a member of the major Lottery and Gaming Associations around the globe: Platinum Contributor of WLA, Premium Partner of European Lotteries, Top Sponsor of North American Association of State & Provincial Lotteries, Star Contributor of CIBELAE (Lottery Association for South America and the Iberian Peninsula), Gold Sponsor of Asia Pacific Lottery Association, Member of Gaming Standards Association and Gold Member of the Association of Gaming Equipment Manufacturers.
 
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MayFlower-51
MayFlower 07.02.2018 13:23
Good news for the state of Illinois, then! :)
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