Intralot Archives

April 15, 2024

FanDuel likely has two-year head start on competition in Washington, DC

Buried in the minutiae of a 10 April budget meeting, Washington DC's Office of Lottery and Gaming (OLG) revealed that it is preparing to ask the DC City Council to approve a two-year extension to its deal with lottery and sports betting operator Intralot.

To recap, the OLG in March alerted the DC Council that it would be unwinding its chronically underperforming sports betting platform, GambetDC. The platform is run by lottery vendor Intralot.

Under its existing contract, the agreement will expire on 14 July. In March, OLG approved Intralot’s request to subcontract online sports betting to FanDuel.

Now the agency will request a two-year extension for the soon-to-expire deal. If approved, the deal could mean that FanDuel would have a two-year head start on digital sports betting in the District.

That two years, lottery chief Frank Suarez told the DC Council’s Committee on Business and Economic Development, would allow it enough time to issue an RFP (request for proposal). This ..

March 8, 2024

FanDuel takes DC as lottery gives up on Gambet

FanDuel will soon replace GambetDC in the District of Columbia as the only sportsbook platform available to bettors across the city, according to a letter from the Office of Lottery and Gaming (OLG) to the DC City Council obtained by iGB

The letter does not indicate when FanDuel might launch its platform citywide, however.

Dated 8 March, the letter confirms the OLG has “approved Intralot’s request to select FanDuel as a new subcontractor” for the lottery’s sports wagering platform.

Intralot, which contracts with the District of Columbia, has struggled to put out a competitive product in GambetDC. The platform lost $4 million in 2021.

“OLG and Intralot have evaluated the current platform and believe that FanDuel and its industry-leading platform will perform better within the highly competitive DMV region,” OLG executive director Frank Suarez wrote in the letter. “Having a national, market-leading platform will help to quickly improve the player experience and drive significant re..

April 6, 2023

Intralot pens sports betting deal with BCLC

Intralot Inc, the US subsidiary of Intralot, has entered into a sports betting partnership with the British Columbia Lottery Corporation (BCLC).

Under the three-year deal, which includes an option of three annual extensions, Intralot will provide the BCLC with its Intralot Orion sports betting platform Orion and relevant managed services to enable the operations and management of the BCLC’s retail sportsbook.

Read the full story on iGB North America

December 20, 2022

Intralot scores sports betting deal with Ohio Lottery

Intralot has agreed a deal through its US subsidiary to provide its Orion Sportsbook solution to the Ohio Lottery.

Under the five-year deal, Intralot will use current lottery equipment and infrastructure to facilitate sports betting for retailers and customers throughout the state.

The project is expected to go live in January 2023. So far, 700 retail locations have been approved for sports betting, with this network expected to grow to over 1,000 in the coming months.

Read the full story on iGB North America

Mon	Tue	Wed	Thu	Fri	Sat	Sun
						1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31

Tag: Intralot