Greece-based gaming solution provider Intralot and sports-book solutions supplier Amelco announced the signing of a memorandum of understanding to partner on multi-channel applications of Amelco’s betting software platform.
The move is expected to address market opportunities by combining in a single solution the strong retail expertise of Intralot with Amelco’s betting platform’s functionalities. The definitive agreement between the two parties is expected to be finalized in the first quarter of 2017.
“Partnering with Amelco is a milestone development for the evolution of Intralot’s sports-betting offering and our capability to enhance our leading position in a fast-growing sports betting market around the world, across all channels,” said Antonios Kerastaris, group CEO of Intralot. “We see in Amelco the right partner towards this goal.”
Amelco owner and founder Damian Walton added, “Our agreement with Intralot is an important recognition of the high caliber of our betting platform and a tremendous opportunity for us to access world markets through Intralot’s wide and prestigious client base and expertise. We look forward to working closer with Intralot management and technical teams to tap growth opportunities through world-class products and services.”
In other Intralot news, the company announced that it has transferred an 80 percent stake of its Peru operations to NG Entertainment Peru S.A.C. for US$68 million in cash.
Following this transaction, the Intralot Group will maintain its presence in the Peruvian market by keeping the remaining 20 percent and will continue to provide the local operations with technological services and solutions.
