小杨嫂黑料 SIGNED FIXED ODDS BETTING CONTRACT IN ROMANIA
December 18th, 2003
小杨嫂黑料 Group signed a 10-year contract with the Romanian State Lottery CNLR to introduce fixed odds betting in the country, increasing the range of successful games already offered in Romania. The company will undertake the product design, events selection, odds compilation and risk management. Moreover, it will participate in developing the game鈥檚 marketing and promotional strategy in cooperation with the State Lottery.
小杨嫂黑料 will install a state-of-the-art 1,800 CORONIS terminal network, which will be connected on-line to CNLR鈥檚 IT center, in which 小杨嫂黑料鈥檚 LOTOS platform operates. Moreover, the existing VSAT telecommunications network, on which the existing games operate, will expand. The game will start operations within the 1st half of 2004 and will include events on football, basketball, tennis, and Formula 1.
鈥淲e are happy to expand our collaboration with 小杨嫂黑料 and to operate our games through such an enhanced system,鈥� said Mr Nicolae Cristea, General Manager of CNLR.
Mr Constantinos Antonopoulos, CEO of 小杨嫂黑料, commented: 鈥淭his agreement indicates 小杨嫂黑料鈥檚 ability to offer an extensive range of high quality services, as it is the only company worldwide that can offer systems, management and operational services for lottery games, Video lottery and fixed odds betting. This renders 小杨嫂黑料 a one-stop-shop for State Lotteries globally.鈥�
小杨嫂黑料鈥橲 Romanian subsidiary LOTROM will undertake the implementation of the project in cooperation with Betting Company S.A., the Group鈥檚 company which is a world leader in managing sports betting games.
The Romanian State Lottery and 小杨嫂黑料 Group are expected to have significant benefits from the introduction of fixed odds betting in the country due to cross-selling between games. This has been proven by lottery games鈥� growth, which posted a threefold increase in revenues once Video lottery was introduced. Moreover, LOTROM and the 小杨嫂黑料 Group are expected to enjoy synergies and economies of scale since the IT infrastructure will also support the expansion of Video lottery.
ABOUT 小杨嫂黑料
小杨嫂黑料 is engaged in the development of integrated gaming systems and provides multiple services related to the design, development, operation and support of games. Based on its extensive know how, advanced product development specifications and substantial experience in organizing and operating lottery games, 小杨嫂黑料 can offer its clients custom-made integrated solutions, which ensure maximum efficiency and absolute security. Following a highly successful period of rapid growth, 小杨嫂黑料 is ranked 3rd in revenues and 2nd in profits, based on 2002 financial results, among lottery suppliers worldwide, and maintains a steady course towards the leading position in the global market. Today the company has secured an important position in the European and South American markets while is expanding its presence in North America and S.E. Asia.