INTRALOT's subsidiary, INTRALOT Inc., was selected by the New Hampshire Lottery as the successful vendor for the implementation of a Lottery Gaming System ("System") for the operation of On-line games and instant games management; including associated gaming products, retailer network, and support services. The Contract will cover an implementation period, plus six (6) years of production operations with an option for one (1) four-year renewal.
INTRALOT will create a robust communications system for the Lottery that will connect more than 1,250 state-of-the-art terminals and related peripherals to the LOTOSTM O/S Central System. The conversion to the new system will take place on July 1st, 2010.
The New Hampshire Lottery was the first US Lottery in modern times and has also been one of the most successful. Since its inception in 1964, more than $1.4 billion has helped fund education. The Lottery has recorded $4 billion in lottery sales and other earnings, with $2.5 billion being paid in prizes and other costs. The forthcoming contract with the New Hampshire Lottery will be the 9th contract for INTRALOT in the US, where the company is dynamically expanding its presence.
"We're very pleased to announce this Intent to Award contract to INTRALOT USA," said Richard Campbell, Chairman of the New Hampshire Lottery Commission. "We put all our applicants through a very rigorous vetting process. We found that INTRALOT scored overall highest during our review process for price and technology and will meet the lottery's needs for the length of the contract. It's good news for all our retail outlets and our players".
"Our players and retailers have come to expect a sophisticated gaming experience, so we ask a lot out of our vendor's gaming system," said Rick Wisler, Executive Director of the Lottery. "This system we believe will meet all expectations and provide for future growth and expansion".
INTRALOT S.A. CEO, Constantinos Antonopoulos, commented: "We are very pleased that the New Hampshire Lottery entrusted INTRALOT with the operation of the Lottery. We are determined to contribute to the evolution of the Lottery and to provide the people of New Hampshire with our state-of-the-art products and services".
INTRALOT Inc. President & CEO Tom Little added, "We are excited about the opportunity to work with the New Hampshire Lottery. Our philosophy of providing superior service to our Lottery partners and our significant investment in technology help us to provide cutting-edge solutions to the Lottery marketplace. We look forward to partnering with the New Hampshire Lottery to assist them in meeting and exceeding their goals in both the near and long term".