Intralot has disclosed the extension of its contract with La Marocaine Des Jeux et Des Sports (MDJS), the state lottery offering sports betting and other games of chance in Morocco.
Intralot Maroc, a subsidiary of the Intralot Group, will continue to operate MDJS’ lottery games, Tifo and Chrono, for up to two additional years, with the contract set to expire on 31 December 2025.
The lottery games will be distributed through a network of points of sales, utilising existing technology infrastructures and adhering to international standards.
This development arrives after Intralot's financial report for the year-to-date (YTD) results, up to September 2023. The nine-month revenue was reported at €280m ($305.6m), reflecting a 7.2% year-on-year decrease.
However, Q3 revenue saw a notable rise of 8.1% to €104.8m. Gross gaming revenue (GGR) witnessed a 2.2% increase, amounting to €262.2m. Lottery games constituted a significant portion, covering 56.8% of the YTD revenue, totalling €159m.
Intralot's strategic moves include an extension of its contract with OPAP, a Greek gaming operator, until 2026. This extension grants OPAP the provision of the licence for Intralot’s LotosX lottery engine software and related functionalities, with the option for two more one-year extensions.
Additionally, Intralot has expanded its presence in the US, extending its partnership with the Wyoming Lottery Corporation until 2034. The company provides lottery operating systems and services to support the Wyoming Lottery's operations.
