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Athens-listed gaming operator and solutions provider Intralot has lost its tender to continue servicing betting monopoly IDDAA.
Intralot’s joint venture partner for IDDAA operations, confirmed that Turkey’s Sportoto Organisation had awarded its monopoly betting license to Sans Girisim – a joint venture formed by Nasdaq-listed Scientific Games and Turkish media conglomerate Demirören Holdings.
Last November Intralot governance announced that it would move ahead with plans to expand Inteltek operating unit, developing a new technology hub for its strategic outfit. At present, the Inteltek will manage the IDDAA sports betting concession until August 2019.
Inteltek, established in 2001, has served as the exclusive provider of fixed-odds and pari-mutuel betting since 2004, and secured a new, 10-year contract in 2008. It then extended the deal by a year in August 2018.
Intralot governance maintains that the company will still have an active footprint within the Turkish market, operating online sports betting joint-venture Bilyoner, in-which its owns the majority stake 50.01%.
