Intralot, a leading solutions provider, has recently announced a one-year contract extension with OPAP, a prominent Greek gaming operator, specifically focused on numerical games. This extension, effective from August 1, 2025, until July 31, 2026, solidifies the longstanding partnership between the two companies. As part of this agreement, OPAP will continue to benefit from Intralot’s advanced LotosX lottery engine software and related functionalities. Additionally, the companies have included provisions for two potential one-year extension options. This move reflects Intralot’s commitment to providing cutting-edge gaming solutions and expanding its reach in various markets.
Contract Extension Details:
Intralot and OPAP have extended their partnership concerning numerical games until 2026, demonstrating their commitment to a continued fruitful collaboration.
Licensing of LotosX Lottery Engine:
The agreement grants OPAP the license for Intralot’s advanced LotosX lottery engine software, known for its innovative features and capabilities.
OPAP will also have access to the development of all functionalities associated with the LotosX software.
Flexibility in Extension:
To accommodate evolving needs and potential future developments, both companies have included provisions for OPAP to exercise two additional one-year extension options beyond the initial extension period.
Previous Collaborations:
In 2021, Intralot and OPAP extended their partnership to provide numerical lottery products and services, with the previous extension lasting from August 2021 to July 2023, before the recent extension announcement.
Intralot’s Technological Advancements:
Intralot launched its LotosX product in 2019, known for its advanced features and contributions to the lottery and gaming industry.
Expanding Global Presence:
Intralot has been actively expanding its presence in the global gaming market, securing partnerships and contracts in various regions.
Notably, Intralot extended its partnership with Wyoming Lottery until 2034 and entered into a ten-year lottery deal with Taiwan’s Public Welfare Lottery.
Collaboration with NeoGames:
Intralot collaborated with NeoGames to introduce iLottery and sports betting solutions in Brazil through Intralot do Brasil.
This partnership marked the start of a multi-year turnkey project with Loteria Mineira, becoming the official lottery of Minas Gerais, one of Brazil’s largest states.
Financial Performance:
Intralot reported its H1 2023 results in August, revealing a 14% annual decline in revenue and a 3% drop in gross gaming revenue compared to the same period in 2022.
The contract extension between Intralot and OPAP for numerical games until 2026 signifies a continued commitment to delivering innovative gaming solutions. Intralot’s LotosX lottery engine software will play a pivotal role in enhancing OPAP’s offerings. With provisions for further extensions, this partnership demonstrates the adaptability of both companies to meet evolving industry demands. Intralot’s expansion into various markets and its strategic collaborations further underscore its position as a key player in the global gaming and lottery industry.