The company revealed that the current contract with the Arkansas Lottery has been extended through 2026.
US.- INTRALOT S.A. announced the renewal of the current contract of INTRALOT Inc., a subsidiary of the INTRALOT Group in the United States, with the Arkansas Scholarship Lottery for the seven-year period from August 2019 to August 2026. The value of this seven-year contract is estimated at approximately US$70 million.
For nearly eight years INTRALOT has provided the Arkansas Scholarship Lottery with a full suite of robust and competitive lottery services. These services include a secure and flexible central gaming system for all current in-state and multi-state draw games, retail terminals and retail network equipment, inventory control and logistics for the Lottery’s full array of instant ticket games and Fast Play games, as well as other operational services.
Arkansas Lottery Director Bishop Woosley said: “Intralot has served as a valuable partner to our agency over the past eight years. They have provided excellent service and support, which has helped the Arkansas Lottery raise over $700 million for scholarships for Arkansas college-bound students. We look forward to continuing this successful partnership for many years to come.”
The extended renewal provisions include the back office and central system, a retailer sales optimization tool, 400 in-store player booths, 400 high definition advertising displays and 2,200 high-speed Photon terminals with unsurpassed digital camera technology. The new terms also include a rate of 2.11% for the benefit of the State of Arkansas, scholarships and grant recipients in pursuit of a higher education within the state.
Mr. John Donahue, CEO of INTRALOT Inc., stated: “We are thrilled over this new engagement with the Arkansas Lottery and their experienced staff. They will continue to be a front-runner in technology and innovation as we empower their business through INTRALOT’s proven solutions. We look forward to the next seven years and the positive impact it will have on the State of Arkansas.”