Athens-listed Intralot has been awarded a ten-year contract by Croatia’s Hrvatska Lutrija to support the state lottery's growth and expansion into new product verticals.

Intralot will deploy and integrate its omni-channel Lotos10 ecosystem with the lottery, as well as provide software for Hrvatska Lutrija’s 3,000 terminals across the country.

It will also support the lottery’s expansion into new product verticals, including numerical and instant games, sports betting and online casino.

Intralot will provide the interactive gaming platform to support all of Hrvatska Lutrija’s products, as well as content and retailer management systems, training and support.

“As a result of an extensive and long-lasting competitive process, we tasked Intralot to partner with Hrvatska Lutrija and invest on the transformation and innovation of our current operations by implementing its new systems and platforms based on LOTOS 10 ecosystem and advanced retail digital technology,” said Hrvatska Lutrija president Mario Musa. “This new partnership will fully cover all business requirements and operational procedures required for our business to grow significantly in the upcoming years.

“We are looking forward to a smooth customisation and implementation process followed by 10 years of a strong and successful partnership with Intralot which will support our vision to strengthen Hrvatska Lutrija as the leading gaming operator in the Croatian market.”

The contract is based on a gross gaming revenue-share model, with Hrvatska Lutrija and Intralot sharing investment costs.

“We are delighted that we have been selected to assist the lottery to grow significantly their business across gaming verticals and in every channel,” said Intralot group chief commercial officer Nikos Nikolakopoulos.

“We are honoured by Hrvatska Lutrija’ trust and we are committed to invest the best technological and operational solutions in terms of innovation, digitalization, security, reliability, products, cost-efficiency and support, coupled with a true partnership approach, which will provide considerable advantages to the stakeholders and customers of Hrvatska Lutrija.”

Shares in Intralot SA (ASE:INLOT) were trading down 5.48 per cent at €0.604 per share in Athens Thursday morning

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