INTRALOT Group ANNOUNCEMENT OF FINANCIAL RESULTS for the nine-month period ended September 30 th, 2019

in Finance

INTRALOT Group Chairman & CEO Sokratis P. Kokkalis “In 3Q2019 we continued progress on our strategy to mitigate the impact of contract losses by means of our three-prong strategy of cost-reductions, winning new business, and the disposal of non-core assets. We are particularly satisfied about the award of a new US Sports Betting contract for the Lottery of New Hampshire which is an important step for our growth strategy in the US, and the successful sale of our stake in the Italian Sports Betting operator Gamenet for a total consideration of €78.0m, that will offer a strong boost to our cash position and a reduction of our net debt in the FY2019 results.”

“INTRALOT delivers on initiatives to mitigate contract losses and boost liquidity”

November 29 th, 2019

INTRALOT SA (RIC: INLr.AT, Bloomberg: INLOT GA), an international gaming solutions and operations leader, announces its financial results for the nine-month period ended September 30th , 2019, prepared in accordance with IFRS.