Worldwide online gaming provider Intralot has announced the extension of its current contract of with the Arkansas Scholarship Lottery for a further seven-year period from August 14, 2019, to August 19, 2026. The value of this seven-year contract is estimated at approximately USD 70 million.
For the past eight years Intralot has provided the Arkansas Scholarship Lottery with a full suite of lottery services including: a secure central gaming system for all current in-state and multi-state draw games, retail terminals and retail network equipment, inventory control and logistics for the Lottery’s full array of instant ticket games and Fast Play games, as well as other operational services.
Included among the extended contract renewal provisions are a back office and central system, a retailer sales optimization tool, 400 in-store player booths, 400 high definition advertising displays and 2,200 high-speed Photon terminals utilising digital camera technology.
The new terms also include a rate of 2.11% for the benefit of the State of Arkansas, scholarships and grant recipients in pursuit of a higher education within the state.
In a statement announcing the contract extension, John Donahue, CEO of Intralot, stated: “We are thrilled over this new engagement with the Arkansas Lottery and their experienced staff. We look forward to the next seven years and the positive impact it will have on the State of Arkansas.”
Arkansas Lottery Director Bishop Woosley added: “Intralot has served as a valuable partner to our agency over the past eight years. They have provided excellent service and support, which has helped the Arkansas Lottery raise over $700 million for scholarships for Arkansas college-bound students. We look forward to continuing this successful partnership for many years to come.”