DOM 8 DE DEZEMBRO DE 2019 - 10:44hs.

Intralot makes bid for Turkey’s sports betting licence

Intralot has made a bid to the Sportoto State Organisation competition to manage its sports betting for 10 years through its Turisk subsidiary Intelek, which now awaits the decision of the Competition Committee. Intelek has been active in Turkey’s sports betting market since 2004 and manages the current IDDAA betting license with a contract expiring on August 28, 2019.

Intralot owns 50.01% of Bilyoner, one of Turkey’s online betting agents, with a market share of approximately 40% of the online market. Bilyoner’s activity accounts for 42% of Intralot’s EBIDTA and 55% of Intralot’s revenues in Turkey.

Entering 2019, Sportoto governance announced that it would place its operating tender up for review, seeking to gain new sports betting provisions, in a bid to boost its SporToto services.

Intralot governance has made little secret of wanting to expand its presence and services within Turkey, the firm’s most important foreign market.

Celebrating 15-years operating in Turkey, last November Intalot announced that it would commit to building an “Intelek – technology development division within Turkey,” supporting all Intralot global units.

Furthermore, the gambling technology group announced that Bilyoner had secured its biggest sponsorship commitment to date with Istanbul football club Galatasaray SK, stating that it would support the development of all Galatasaray syndicated sports clubs – football, basketball, volleyball.

Source: GMB