Closing of this transaction is subject to the completion of certain condition precedents standard for this kind of deal.
Intralot will follow-up with further announcements on the definite shares transfer and possible timing of cash inflow, as required by regulation.
In addition, the company has signed a three-year extension of its current contract with Intralot de Peru SA through 2024, to continue to provide its gaming technology and support services.
The news follows the extension of several of Intralot’s existing contracts throughout 2020 and 2021.
In January, the company extended its contract with Lotterywest, the state lottery of Western Australia, from January 2022 until January 2026.
Intralot went on to extend the provision of its lottery services to Greece’s lottery monopoly OPAP until 2023, and was one of the first companies to receive a Buenos Aires provincial igaming licence in partnership with local operator Binbaires at the start of 2021.
Source: GMB
