Intralot
Encyclopedia
Intralot is a Greek company that supplies integrated gaming
Gambling
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...

, transaction processing system
Transaction Processing System
A transaction processing system is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system. To be considered a transaction processing...

s, game content ,sports betting management and Interactive Gaming Services, to state-licensed gaming organizations worldwide. The company acts both as a lottery
Lottery
A lottery is a form of gambling which involves the drawing of lots for a prize.Lottery is outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments...

 vendor and a lottery operator. It has a presence in 53 countries and a workforce of approximately 5,400 people It is a public listed company in the Athens Stock Exchange
Athens Stock Exchange
The Athens Stock Exchange or ASE or ATHEX is a stock exchange located in Athens, Greece.-History:The Athens Stock Exchange started trading in 1876. The Athens Stock Exchange is a subsidiary of Hellenic Exchanges S.A., whose shares are listed in ATHEX...

.

History

Intralot originated as a spin-off of the Intracom
Intracom
Intracom is a Greek group of companies, specialising in computer and defence system software development, as well as development and manufacture of telecommunications and defence equipment and electronics. Its founder and CEO is Socrates Kokkalis.- Overview :...

 group, owned by the Greek billionaire Socrates Kokkalis. It originally provided infrastructure for the Greek National Lottery (OPAP
OPAP
OPAP – Greek Organisation of Football Prognostics S.A. is a public company based in Athens, Greece that exclusively operates and manages numerical lottery and sports betting games in Greece.OPAP is Europe's biggest betting firm...

), under a 1999 contract , but has since expanded its operations into a worldwide market. Intralot's games library includes a variety of games such as numerical games, TV lottery games, sports lotteries, fixed odds betting, instant lotteries, pari-mutuel, video lottery , monitor games

Through its subsidiary ‘Intralot Interactive’, Intralot providing Lotteries and State Organizations around the world with an extended portfolio of services in Technology, Operations and Marketing in the new emerging area of Internet Gaming.

Intralot is a member of international gaming associations, including the World Lottery Association (WLA), European Lotteries (EL), the North American Association of State & Provincial Lotteries (NASPL) and CIBELAE (the Hispanic association that covers S. America and the Iberian peninsula), as well as the Gaming Standards Association (GSA) in the USA and the Asia Pacific Lottery Association (APLA).

Intralot was named one of the World Economic Forum
World Economic Forum
The World Economic Forum is a Swiss non-profit foundation, based in Cologny, Geneva, best known for its annual meeting in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland....

's "New Champions", as it was listed in its "Global Growth Companies Community" in 2007.

Betting Company, a subsidiary of Intralot that operated sports betting in 12 countries had signed a cooperation agreement with FIFA
FIFA
The Fédération Internationale de Football Association , commonly known by the acronym FIFA , is the international governing body of :association football, futsal and beach football. Its headquarters are located in Zurich, Switzerland, and its president is Sepp Blatter, who is in his fourth...

's Early Warning System for the protection of the integrity of football.

Intralot received a "Global IT Excellence Award 2008"
by the World Information Technology and Services Alliance
World Information Technology and Services Alliance
The World Information Technology and Services Alliance is a consortium of associations from the information technology industry around the world. The group claims that it represents over 90% of the world IT market, and has a stated goal of advancing the growth and development of the IT industry...

 (WITSA) during its
16th World Congress on Information Technology (WCIT 2008),
Kuala Lumpur
Kuala Lumpur
Kuala Lumpur is the capital and the second largest city in Malaysia by population. The city proper, making up an area of , has a population of 1.4 million as of 2010. Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 7.2 million...

, Malaysia.

Intralot is a member of the Ηellenic Network of Corporate Social Responsibility
Corporate social responsibility
Corporate social responsibility is a form of corporate self-regulation integrated into a business model...

 which is a National Partner Organization of (CSR-Europe). The network promotes the adoption of business practices in line with the concepts of social responsibility and cohesion. Intralot is also a member of the United Nations "Global Compact Network" for Corporate Social Responsibility.

In December 2009, Intralot has announced purchasing 35% of the American online games provider CyberArts
Cyberarts
Cyberarts or cyberart refers to the class of art produced with the help of computer software and hardware; often with an interactive or multimedia aspect...

, purposing to expand its subsidiary company, Intralot Interactive (I2). In October 2011, Intralot concluded to the sale of its minority stake in CyberArts, as per the Group’s decision not to exercise the option to increase its participation to 51% and focus on its own suite of renowned technology and services.
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