INTRALOT Group announces that its subsidiary INTRALOT Global Holdings has signed a 10-year contract with International Lottery and Gaming Limited (ILGL) in Nigeria to provide its best-in-class lottery technology and related services. The new lottery will launch its operations by the end of 2015. INTRALOT as the lottery technology and services provider will support the lottery operations of ILGL with innovative lottery system, entertaining numerical games and exciting content delivered to players through a well-balanced Points of Sales network.
“Our new project in the Nigerian market is a big step towards INTRALOT’s strategy to establish a solid presence in the developing African market”, stated Mr. Nikos Nikolakopoulos, INTRALOT Group Chief Operating Officer, adding “We are pleased to offer to ILGL, our valuable, new partner in Nigeria our innovative lottery technology and services as well as our extensive operational know-how. INTRALOT’s dedicated team in the region with the support of our global operations team will work together with International Lottery and Gaming Limited, so as to implement our common vision for a successful lottery operation. We are confident that our partners’ deep knowledge of the local market, along with our global experience, will lead to the delivery of secure and entertaining games offering to the Nigerian players exciting gaming experiences.”
Mr. Ronaldo Minaise, Vice-Chairman of International Lottery and Gaming Limited, stated: “ILGL has been granted by the National Lottery Regulatory Commission a national license to operate a lottery in Nigeria. ILGL envisages offering the best, most credible and trustworthy lottery experience to all Nigerian players.”
As Africa’s most populous country with approximately 174 million people, Nigeria ranks among the biggest economies of the continent, posting GDP growth rate of 6,3% in 2014.