Intralot has revealed that its bid to continue as the supplier to the Ohio State Lottery, an investment that would have been worth up to US$200m, has been rejected.
The company said its US subsidiary participated in an international tender to provide central information system services and infrastructure equipment to the lottery.
Intralot had hoped to extend its current agreement with the Ohio State Lottery which runs out in June 2027.
But Intralot, it said, was informed by the state of Ohio's Procurement Committee that it was “not the preferred supplier.”
“The net contribution of the project to Intralot Inc.'s EBITDA currently amounts to approximately $20m and will be maintained (proportionately as a percentage of future sales) until the expiration of the contract in mid-2027,” the company said.
