Online sports betting contract won by Intralot

Intralot SA has won a contract in partnership with American lottery technology provider Scientific Games Corporation to provide German sportsbetting monopoly ODS Oddset Deutschland Sportwetten GmbH with a retail and online operation.

Oddset will be furnished with with a betting platform that fully supports retail and interactive businesses together with complete risk management and interactive operational services.

Oddset is the recently established state entity tasked with modernising and developing the nation’s existing sportsbetting operations via the Deutsche Lotto und Toto Block national retail network and its over 23,000 points of sale. Aiming to become a leader in Germany’s betting market, it intends to apply for one of the 20 national sportsbetting concessions set to be made available and featuring a seven-year term.

“We are very pleased to become part of this great opening of the German market, one of the most important markets in Europe and worldwide,” said Constantinos Antonopoulos, Chief Executive Officer for Intralot.

“Scientific Games’ considerable experience and knowledge of the local market together with Intralot’s extensive know-how of sportsbetting operations and the powerful market position of the German state lotteries create the synergy to address the challenges of this market.

“Our common objective is to establish through Oddset a modern, attractive and competitive product portfolio, enabling it to become the market leader in sportsbetting in the Federal Republic of Germany.”

Implementation is expected before the end of 2012.