Athens-listed betting and lottery provider Intralot has signed a one-year extension to continue operating the Iddaa betting game for Turkey’s state-owned operator SporToto.

The new contract has been agreed between Inteltek, Intralot’s Turkish joint venture with Turkcell, and SporToto, which operates under the Turkish Ministry of Youth and Sports.

Inteltek first secured a deal with SporToto in 2003 and introduced the popular fixed odds betting game Iddaa a year later.

The contract extension sees Inteltek continue the operation and technical support of Iddaa for a further year and is effective from today (August 29th).

The new contract remains under the same main terms of the 2008 contract that expired yesterday.

Shares in Intralot SA (ASE:INLOT) were trading at €0.752 per share in Athens earlier Wednesday.