Intralot is blazing its trail in the Wild West. The company recently announced it signed a five-year contract extension with the Wyoming Lottery, meaning Intralot will oversee operations of the lottery through 2034.
Wyoming Lottery Corporation CEO Jon Clontz said trust is a key part of why Intralot earned its extension. Clontz said in an Intralot press release:
“A Lottery jurisdiction’s partnership with a gaming organization is extremely important. The relationship must be based on proven trust, transparency, and mutual respect. We have that trust with INTRALOT and we enjoy a very successful track record of achievement in part due to their deep knowledge and dedication.”
Intralot is based in Greece and provides its gaming services in 39 jurisdictions around the world.
Intralot’s history with the Wyoming Lottery dates back to 2014
The news of Intralot’s extension is not much of a surprise if you’ve been following what the company’s been doing in the Cowboy State.
The Wyoming Lottery chose to partner with Intralot from a group of three candidates back in 2014. At the time, the partnership was good through 2019.
In 2018, the two sides agreed to extend the partnership through 2024.
“The Wyoming Lottery has had a terrific partnership with Intralot and this extension will allow the two entities to continue that partnership for the benefit of the cities, towns, municipalities and people of Wyoming whom we ultimately serve,” Clontz said at the time in a press release.
Last year, the two parties announced another five-year extension that pushed the partnership through 2029.
Local economies benefit from lottery sales
Intralot’s role in the Wyoming gambling industry goes beyond providing new games and support. The company’s lottery products are crucial to the economies of communities across the state.
Like most lotteries in the US, the Wyoming Lottery sends the majority of its revenue from sales back to the state. Since the lottery’s inception in 2014, the lottery has earned more than $33 million for cities, towns, and counties across the state.
Additionally, local retailers that sell winning tickets have received bonus payouts of more than $16 million over the past 19 years.
Intralot’s profile in the US gambling industry continues to grow
The Wyoming Lottery’s extension of its partnership reflects Intralot’s success as a lottery services provider in the US.
The company runs US lotteries in the following states:
- New Hampshire
- New Mexico
- Washington DC
In addition to running lotteries in those markets, Intralot also oversees video lottery terminals at seven racinos in Ohio and 5,500 venues in Georiga.
Additionally, the company runs a production facility in Ohio that provides all of the state’s instant-win lottery games.