Greek Operator Intralot Seeks More Financial Success After a Fruitful 2013
Posted: March 26, 2014
Updated: October 4, 2017
Greek gaming company Intralot seeks to maintain its current financial growth, after a very lucrative 2013.
The firm’s total revenues equaled $2.1 billion for 2013, which indicated a rise of 12% from the year before.
Intralot’s accounting division posted a 14.7% increase from 2012 in EBITDA. Figures for 2013 are $280 million, whereas in 2012 they were $245 million.
Furthermore, the mobile betting firm’s net debt decreased from almost $605 million to $548 million.
Chief exec of Intralot, Constantinos Antonopoulos explained the way in which Intralot is about to proceed with their business, after a great 2013 year.
“The year 2013 was important for the group, since we won several new contracts in Europe, Asia and Australia, and we renewed major contracts in the US, Europe and Asia.”
“In 2013 Intralot managed to deliver a strong set of financial results across the board and we are very proud of this.
Antonopoulos further reiterated that after a number of years at the top, they’ve opted to alter the business model to accommodate better results.
“After many years of enduring success and strong global growth, we have decided to consolidate the company’s global operations, products and services and technology, in order to create a more flexible and effective structure.”
Intralot’s structure divided to boost further plans
Intralot’s structure is divided into four different divisions: global operations and sales, products and services, technology and finance.
The chief of the Greek internet casino commented: “The new organizational structure focuses on operational excellence, creating synergies between the headquarters and the Group subsidiaries, while promoting innovation across the company, integrating technology and products and services.”