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Intralot shares slump on prosecutor charges against execs

31st May 2011 9:39 am GMT

Despite reporting a 32 per cent increase in revenues to €300.9m for the first quarter of 2011, shares in Greek lottery supplier Intralot S.A crashed more than 22 per cent in Athens yesterday after a Greek prosecutor charged five executives for breach of trust relating to a gaming terminals deal between Intralot and gaming monopoly provider OPAP.

Intralot said that the charges were the result of a complaint filed last September by Cyprus-based Glory Technology Limited [...]

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