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Intralot Invests $28.6 million in Supreme Ventures

15th January 2010 7:51 am GMT

Intralot Caribbean Ventures Limited has increased its equity participation in Supreme Ventures Limited (SVL), the biggest lottery operator in the Caribbean, having acquired approximately 1.3 billion shares in SVL at US$0.022 per share for a total consideration of US$28.6 million.

As a result of the deal, Intralot Caribbean Ventures Limited now owns 49.9% of Supreme Ventures Limited. SVL has an extended network of 1,000 points of sale and also operates VLT gaming lounges. In addition, [...]

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