Intralot

Greek-based gaming company Intralot is abandoning its Keno and scratchies business in Victoria and suing the Australian State Government for millions of dollars in losses. In 2007, the Labor government in Australia granted Intralot a 10-year license in the...

Greece’s privatization fund has decided to relaunch a tender for a mutual horse-betting license after failing to accept an improved bid from gaming systems firm Intralot. The Hellenic Republic Asset Development Fund (HRADF) asked Intralot on August 20 to up...

Intralot Australia signed the renewal contracts with Western Australia’s Lotterywest (Lotteries Commission of Western Australia) for three more years, with the possibility of two additional one-year renewals. Therefore, the company will continue to provide technology and related services to Lotterywest until...

The countdown for the completion of the privatization of OPAP has started, and before the Athens' Bourse opens on Friday, Greek-Czech fund Emma Delta will have completed the acquisition of 105 million shares in the gaming company and paid...

Greek company Intralot announced yesterday that, by utilizing its right of first refusal, it has entered into an agreement to acquire an additional stake of approximately 25.01% in its associated company Bilyoner, which would bring its total stake in...

With its sale of a stake in the state gambling monopoly OPAP to a Greek-Czech consortium unraveling over bickering over some of the details, the Greek government is now facing another challenge from the Remote Gambling Association (RGA) which...

Already setback by the failure to get any bids for its state gas company during a privatization push, Greece now has run into a roadblock over last month's sale of a 33 percent stake in the gambling monopoly OPAP...

Greek business activity in China is intense lately, mainly because of the Greek crisis that has forced companies to look to foreign markets for sales. According to data from the Office of Economic and Commercial Affairs of the Greek Embassy...

After rejecting an earlier offer, Greece’s state privatization fund (TAIPED) has reportedly accepted a better bid from consortium led by the state’s OPAP gambling operation for a license to operate all state lotteries for the next 12 years, although...

Eight potential investors, including a Chinese conglomerate and private equity funds, have expressed interest in buying a major stake in Greek gambling monopoly OPAP, the country's privatization agency HRADF said. Among the firms responding to a Nov. 9 deadline to...