BUSINESS

INTRALOT makes moves in Peru and Betbull releases 2010 results

TAGs: betbull, Intralot, Peru

Intralot logoGreek gaming company INTRALOT has extended its offering in Latin America. It comes after they revealed that they became the first company in the country to receive a license to use their iGEM gaming system.

The Directorate General of Casino Game and Slot Machines of the Minister of Tourism gave the approval. It means that exclusively Gaming Solutions International SAC, part of the INTRALOT Group, can offer the system and related services.

Mr. Fernando Artieda, General Manager of Gaming Solutions International, said, “We are really satisfied to be the first company in Peru to receive the license for offering our pioneering online electronic monitoring system iGEM. It ratifies our commitment and our ability to offer quality services on a massive scale. Our international know-how and expertise guarantees that our new activity in Peru will be just as successful.”

iGEM itself is an integrated solution for large-scale gaming networks. The system’s full suite has a number of options that support both legacy slot machines and server-based-gaming.

It’s an important deal for INTRALOT as they look for even more penetration in Latin America. The region is being looked at by a number of companies and this deal will do the group no harm.

Another site based in Europe, Betbull, today released their full year results for 2010. The highlight was their net gaming revenue that rose 14.1% year-on-year to €14.6m. Their EBITDA was also in the black rising by a remarkable €5.3m to €1.2m with a profit for the business of €900k compared with a loss of €6.7m the previous year.

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