The Department of Internal Affairs (DIA) has signed a six-year contract extension with INTRALOT’s New Zealand subsidiary.
From 2026-2032, with the option for a further one-year extension, the deal sees the continuation of the provision of INTRALOT’s Electronic Monitoring System (EMS) solutions for Class 4 non-casino electronic gaming machines.
The deal builds on a long-standing partnership between the two firms that has seen INTRALOT provide such solutions to the DIA for several years.
As part of the previous deal, the DIA exercised its right to utilise a one-year extension option which means that the current contract now ends on 10 May 2026, rather than the initial end date of 10 May 2025.
INTRALOT emphasised that its EMS offering has been fully aligned with standards set by the International Gaming Standards Association (IGSA), while also allowing the DIA to meet responsible gaming requirements demanded by New Zealand’s gambling regulator.
The new deal with New Zealand’s DIA comes off the back of INTRALOT’s FY24 financial results, in which the firm reported an increase in B2B revenues of 16.6% with an uptick of €12m.
This segment contributed to total company revenues of €376.4m, with lottery making up 54.8% – up 3.4% year-over-year – followed by sports betting with 23.1%, Video Lottery Terminals’ 11.3% and Technology contracts’ 10.7%.
Continuing growth in the Oceanic continent, in 2024 the lottery solutions provider extended its contract with Lotterywest in Australia for two more years, with the option to add one additional year when the contract finishes in 2026 – similarly to the DIA deal.
Speaking at the time Sokratis P. Kokkalis, Chairman at INTRALOT, commented on the financial results: “INTRALOT’s performance for 2024 has been positively impacted by very strong performance in the last quarter driven by strong revenue growth from North America, enabling the company to maintain its key metrics in profitability and leverage ratio by focusing on high profit-margin activities.”