• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Intralot signs EUR200 million loan

Jun 03, 2014 Newsdesk Industry Talk, Latest News  


Intralot signs EUR200 million loan

Greek gaming supplier Intralot SA has signed a three-year, EUR200 million (US$272 million) syndicated loan facility, with a one-year extension option, via its subsidiary Intralot Finance UK Plc.

Intralot states it is the only international company certified as an approved terminal supplier by the China Sports Lottery Administration, one of the mainland’s two national lotteries, following a selection and evolution process that ended March last year.

The company, listed on the Athens stock exchange, said in a statement issued on Monday that the facility will replace an existing syndicated loan, which has been fully redeemed and was due to mature in December. The announcement about Intralot’s new syndicated loan does not say how or in what markets the money will be used.

Société Générale SA and Alpha Bank UK coordinated the transaction, while the syndicate included Citigroup, Eurobank, National Bank of Greece and Piraeus Bank, which acted as mandated lead arrangers.

“The renewal of our syndicated credit facility, well before its maturity, concludes a process that now provides Intralot with a diverse, flexible and long-term funding structure,” Antonios Kerastaris, group chief financial officer said in a statement.

In April, Intralot had issued EUR250 million worth of 7-year unsecured notes due in 2021. The notes’ coupon was set at 6 percent and the yield at 6.125 percent.

Intralot is a global supplier of gaming and transaction processing systems, sports betting management and interactive gaming services. The company has businesses in over 50 jurisdictions and reported revenue of EUR1.54 billion for last year.

In May last year, ChinaTrust Commercial Bank, the operator of the public welfare lottery in Taiwan, selected LotRich Information Co Ltd, in which Intralot has a major stake, as the system technology provider for another 10 years. Additionally, LotRich signed two more contracts last year for the provision of technology and support services for sports betting with the Taiwan Sports Lottery Corp, the betting operator in the country.

In September last year, Intralot announced that the Nanum Lotto consortium, in which the company participates, had been awarded a licence by the Korea Lottery Commission to continue operating South Korea’s national lottery for five years.

Intralot also has businesses in the Philippines and Malaysia.


  • tweet
Related articles
  • Casino investor LET gets US$64mln loan from Summit Ascent
    Casino investor LET gets US$64mln loan...

    Jan 30, 2023  

  • Melco Resorts gives parent more time to repay loan
    Melco Resorts gives parent more time to...

    Jan 04, 2023  

More news
  • Macau CNY mass GGR maybe 60pct plus of CNY 2019: JPM
    Macau CNY mass GGR maybe 60pct plus of...

    Jan 31, 2023  

  • Pagcor 2022 income up 66pct y-o-y, tops US$1bln
    Pagcor 2022 income up 66pct y-o-y, tops...

    Jan 31, 2023  


Latest News

Macau CNY mass GGR maybe 60pct plus of CNY 2019: JPM

Macau CNY mass GGR maybe 60pct plus of CNY 2019: JPM

Jan 31, 2023  

Macau mass-market casino gross gaming revenue (GGR) for the recent Chinese New Year (CNY) holidays could have recovered to at least 60 percent of that for the 2019 break, when the festivities were in...
Read More
Pagcor 2022 income up 66pct y-o-y, tops US$1bln

Pagcor 2022 income up 66pct y-o-y, tops US$1bln

Jan 31, 2023  

Junket boss Levo Chan heard okaying illicit bets: court

Junket boss Levo Chan heard okaying illicit bets: court

Jan 30, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$1.08 billion

Total income for 2022 reported by the Philippine Amusement and Gaming Corp



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • Almost half million visitors to Macau for 7 days of CNY holsAlmost half million visitors to Macau for 7 days of CNY hols January 30, 2023
  • Macau visitor momentum kept for post CNY weekendMacau visitor momentum kept for post CNY weekend January 30, 2023
  • Junket boss Levo Chan heard okaying illicit bets: courtJunket boss Levo Chan heard okaying illicit bets: court January 30, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us