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Intralot New Zealand Deal to Run Through 2025

Intralot New Zealand Deal to Run Through 2025

Gambling is growing at a rapid pace in New Zealand. According to the latest reports, about 40% of adults in New Zealand gamble at least once a week. 

Almost all kinds of gambling activities are popular in the country including betting apps and online casino games.

Intralot, a global provider of Electronic Monitoring Systems, has extended its deal with the Department of Internal Affairs in New Zealand.

Introduction to Intralot

Headquartered in Athens, Greece, Intralot supplies game content, integrated gambling, sports betting management tools, interactive gambling services, and transaction processing systems to national and international state-licensed organizations. 

The publicly-traded company identifies both as an operator and a lottery vendor. The multinational giant is present in more than 53 countries and has more than 5,000 people working for it. 

It doesn’t only serve New Zealand but several American organizations as well including Idaho Lottery.

More About the Deal

The deal Intralot’s NZ, named Intralot NZ Limited, to offer auditing, reporting, accounting, and management capabilities for the country’s class 4 gaming properties.

Now thanks to the extension, Intralot NZ Limited will be able to serve the nation until 2025.

The first Electronic Monitoring System was introduced in March 2007 in the country with the purpose of tracking and monitoring gaming machine operations.

The deal turned out to be a success as it allowed the government to keep an eye on gambling organizations in the country including pubs and clubs that offer such services.

Intralot CEO, Chris Dimitriadis, commented on the changes and said:

“We would like to thank DIA for its continued confidence and trust for more than a decade. The extension of our partnership is an endorsement of our successful cooperation in implementing a high-quality operating service performance out of EMS.”

Intralot is known for extending contracts and having strong relationships with companies it chooses to work with.

Dimitriadis further added:

“Our world-class solution, designed according to Gaming Association standards, serves the most demanding regulatory environments and we are committed to continuing supporting DIA on establishing a responsible gaming environment for the local player community.”

The company first extended the deal in 2010, which saw the company integrating a gambling platform with the aim to make the gaming sector more reliable.

The industry is said to be worth millions and the average New Zealander is said to spend $103 per year on gambling-related activities. Hence, it shouldn’t come as a surprise that Intralot and other such companies are doing good business in the country.