STRATEGIC ALLIANCE BETWEEN HILTON GROUP AND INTRALOT
INTRALOT and the HILTON Group, through its betting and gaming subsidiary Ladbrokes, have agreed to establish a global strategic alliance incorporating the lottery, betting, casino and gaming markets. INTRALOT already has an established cooperation with Hilton Group through its Ladbrokes subsidiary, providing fixed odds consultancy to INTRALOT for its Greek sports betting operations.
INTRALOT, which is a state-of-the-art technology provider for lotteries, with acknowledged strengths in operating a wide variety of games (numerical, instant, video lottery, betting, etc) for state licensed lotteries will join forces with the HILTON Group, which has an extensive global business network in the leisure industry. The alliance will offer extensive synergies for both companies and plans to pursue further opportunities in the global gaming market.
The two parties have agreed to cooperate on projects concerning State Lottery privatisations, to participate in tenders issued by state and private lotteries and to negotiate directly with potential clients.
HILTON Group operates