Intralot Nederland extends contract with Nederlandse Staatsloterij

Intralot buys strategic stake in Bulgaria’s Eurobet

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Intralot Group announced that it has acquired a strategic stake in Bulgaria’s Eurobet via its Bulgarian subsidiary BILOT. Intralot will buy a 49% stake in Bulgaria’s Eurobet, a company that provides Bulgarian market with various games and scratch tickets via a network of 1,100 points of sale set around the country. Intralot has already gained a great popularity in the country as it is a 49% owner of Eurofootball, bringing Fixed Odds and Live Betting via a network of 850 shops. The acquisition of the strategic stake in Bulgaria’s Eurobet is expected to be completed by June 2016.

Antonios Kerastaris, INTRALOT Group CEO:

“We are proud to expand our presence in Bulgaria through acquiring a strategic share in Eurobet, a market leader in its sector. The complementarity of the product offering between our companies will lead to strengthening our operations in a more consolidated market. This acquisition aligns with our business growth strategy to seal strategic partnerships with strong local players. Through synergies with Eurobet’s assets we will be able to further boost our operations in Bulgaria and sustain our leading position in the area.”

Millen Stamatov, Eurobet CEO:

“INTRALOT’s strategic participation in Eurobet highlights our company’s ability to attract international investors and reinforces our position in the local gaming market. We are confident that INTRALOT’s global experience in our sector will further increase the value that we deliver both to our shareholders and the Bulgarian players.”

About INTRALOT
Founded in 1992, INTRALOT is a leading gaming solutions supplier and operator providing services in 57 regulated jurisdictions around the world. Due to €1.91 billion turnover and a global workforce of approximately 5,100 employees in 2015, INTRALOT is an innovation-driven corporation concentrated on its product development on the customer experience.

About EUROBET
Established in 1996, EUROBET is the leader of number games on the Bulgarian gaming market. The company is developing its business since 2006 by bringing innovative solutions and a true excellence in its product portfolio.

Intralot buys strategic stake in Bulgaria’s Eurobet was last modified: April 8th, 2016 by CasinoNews.Today