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Intralot Enters Polish Gambling Market

Friday July 12,2013 : INTRALOT GETS ENTRY TO POLISH ONLINE GAMBLING MARKET
 
Subsidiary firm Totolotek can provide Polish punters with sports and fixed odds betting
 
Gambling group Intralot's Polish betting subsidiary Totolotek has received a 6-year Internet betting license from the Polish Ministry of Finance
 
Under the licence, Totolotek is empowered to provide Polish punters with fixed odds betting and sport pool games via the Internet, and the company has revealed that its plans include the development of live betting services.
 
Intralot's exec for Europe, Fotis Mavroudis, said Thursday: “We are pleased to inaugurate a new access point to our betting offerings for our customers in Poland. Establishing our interactive operations in the country is part of our strategy to exploit new sales channels and introduce new ways of playing, so as to better address the new preferences and habits of players, especially in younger demographics.
 
"Our global expertise in betting, our know-how in interactive gaming from our operations worldwide, as well as our long local experience, guarantee that we will further increase our market share in Poland and boost our revenues.”
 
Totolotek’s interactive operations in Poland are expected to commence in Q4-2013 and will be developed on Intralot technology.
 
The Polish betting firm has been active as an operator of mutual betting in the Polish market since 1992, and was acquired by Intralot in 2005, expanding to include some 400 points of sale across the Eastern European nation. Intralot claims it contributes some Euro 9 million a year to State Budget and Sports Associations.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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