Athens-listed lottery supplier Intralot has agreed a two-year extension to its existing online systems contract with the New Mexico Lottery, with the partners set to launch a new sports lottery game under the extended partnership.
Intralot said that the New Mexico Lottery will become the first in the United States to authorise a sports wagering lottery game for play through its retail network of approximately 1,100 terminals.
Under the terms of the extended contract, Intralot will deploy a customised version of its cross-channel Sports Lottery Gaming Platform, along with terminal software and suite of fully managed services related to the sports lottery game. This includes risk management and trading services, and product marketing.
“Today we reinforced our strong partnership with our systems vendor Intralot by extending our contract for another two years. We also moved the lottery industry forward as we took the approval from our board to launch a sports lottery game throughout our retail network,” explained New Mexico Lottery chief executive David Barden.
“We are convinced sports lottery games will provide new and exciting experiences for our players while significantly increasing dollars being transferred to our scholarship fund for student beneficiaries,” he added. “We are always looking for games that strengthen our lottery brand by attracting millennials and other new players. Lottery games of this type are fun to play and will move us in that direction.”
Intralot group chief executive Antonios Kerastaris commented: “This is a special day for us, not only because we renew our partnership with a great client but also for breaking ground with a new sports lottery contract, leveraging our extensive experience and our latest technology on sports prognostics, our first such venture in the US in the post-PASPA period.
“I look forward to the new era bringing in all our lottery modernisation expertise while extending my sincere thanks the New Mexico Lottery for their trust and continued partnership.”
Shares in Intralot SA (ATH:INLOT) were trading 0.17 per cent higher at €0.607 per share in Athens Monday morning.