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Intralot widens loss as Q3 revenue slides 45%

10th December 2020 10:58 am GMT
Intralot

Athens-listed gaming and lottery supplier Intralot has reported a 52 per cent drop in consolidated revenue to €266.1m for the nine-month period ended 30 September.

Following a 55 per cent decline during the first half of the year, Q3 revenue fell by 45 per cent to €97.8m, primarily as a result of recent financial accounting changes in Bulgaria and Inteltek’s contract discontinuation in Turkey, as well as the impact of COVID-19 in all key regions.

The revenue [...]

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