BUSINESS

Intralot continues slow retreat from home

TAGs: China, china welfare lottery, greece, Intralot

Leaving GreeceGreek company Intralot will provide its LOTOSTM Horizon lottery system and other systems to the China Welfare Lottery (CWL) in Chongqing. CWL’s agreement with Melcolot, a subsidiary of the Greek firm, will last for five years and after the initial term it can be extended for a further five years. They must be putting something in the falafels over in Greece, and whatever it is Intralot don’t seem to like it one bit. Either that or I’ve heard rumours of an economic downturn in the Southern European country. As long as they get their Chicken Chow Mein they don’t care. Read more.

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