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Intralot initiates strategic review as COVID-19 hits revenue

27th April 2020 11:01 am GMT
SBTech

Gaming and lottery supplier Intralot has initiated a strategic review as it predicts that the COVID-19 crisis could negatively impact group EBITDA by up to €30m this year.

Intralot said that since early March, revenue has been impacted by lockdowns, store closures and the lack of sports betting content, with total shutdowns in markets such as Malta, Australia, and Morocco, and partial shutdowns in the United States, the Netherlands and Chile.

The company said that it may [...]

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