INTRALOT SA Integrated Lottery Systems and Services (“INTRALOT”) informed the investment community that it participated, through its US subsidiary Intralot Inc., in an international tender for the provision of central information system services and infrastructure equipment to the Ohio State Lottery in the US, for the period after the expiration of the current framework agreement held by Intralot Inc. in the State for similar services until June 30, 2027.
The anticipated investment for Intralot Inc. in case it had won the contract under the terms of the new tender would reach up to approximately $200 million. Intralot Inc. was informed by the State's Procurement Committee that it was not the preferred supplier.
The net contribution of the project to Intralot Inc.'s EBITDA currently amounts to
approximately $20 million and will be maintained (proportionately as a percentage of future sales)
until the expiration of the contract in mid-2027.
