Intralot signs USD 140 M contract in Jamaica

Intralot signs USD 140 M contract in Jamaica

Greek gaming operator Intralot announced that through its wholly owned subsidiary Intralot Jamaica, it will launch the operation of Fixed Odds Betting in Jamaica, verifying eralier reports from ReporterNET.com. The duration of the contract is 10 years with possible extensions. Intralot's revenues from the management fee are expected to reach 140 million US dollars over the contract term.
“Intralot Jamaica will undertake the complete operation of Fixed Odds Betting in the local market, including the provision of the central system, the microLOT terminals, risk management and other supportive services, subject to regulatory approval of the Betting, Gaming and Lotteries Commission (BGLC)”, the company said in bourse listing.
Intralot will launch two games in the Jamaican market at an initial network of approximately 500 points of sale that is expected to reach 1,000.