The Greek Deal.com
INTRALOT
Ohio, capex, hedging and the Art of War by the administration
Intralot and Intralot Inc. are claiming more than 10 contracts on 4 continents, with the largest—long in monitoring—of Illinois (VLTs), as well as state lotteries in Missouri, Maryland, etc. in the US, Ontario, and Quebec in Canada, while the parent claims private lottery TLC.
Closing on new contracts
Intralot is on a contract hunt, which, according to BnB Daily, is expected to announce the signing of two more lotteries in foreign countries by the end of the year, early next year at the latest.
Rumours about a possible investor
With Socrates Kokkalis having personally bought about 10% of Intralot, BnB Daily reports that there is a thought of a capital increase and a possible investor.
Revenues of €173.6 million for the first half of 2024
Intralot announced revenues of €173.6 million and EBITDA of €59.5 million and a reduction in net debt of €142.3 million in its financial results for the first half of 2024.
Revenues of €85.1 million and EBITDA of €30.1 million in the first quarter
In Q12024, Intralot reported a pre-tax profit of €5.4 million and a net profit of €3.9 million after minority interests and taxes.
Preparing a new investment in Intralot
As Socrates Kokkalis stated at the Intracom Holdings General Meeting, the Intralot team is currently talking about wider partnerships in Greece and overseas, primarily in the US.
Binding agreement for the issuance of a Syndicated Bond Loan
Intralot announces the execution of a binding agreement, concerning the basic terms for the issuance of a Syndicated Bond Loan
Repayment of €126 million bonds maturing in 2024 by Intralot Capital Luxembourg
The principal amount was repaid with funds raised from the recent share capital increase of INTRALOT, in accordance with the provisions of the respective prospectus.