INTRALOT Acquires Strategic Stake in Eurobet, Bulgaria

INTRALOT Group announces the acquisition of a strategic stake in a leading gaming company in Bulgaria, Eurobet, via its Bulgarian subsidiary, BILOT. INTRALOT will acquire a 49% stake in Eurobet, a company that offers to the Bulgarian market numerical games and scratch tickets through a network of 1,100 points of sale countrywide. INTRALOT already has strong presence in the country as 49% owner of Eurofootball, offering Fixed Odds and Live Betting thorough a network of 850 shops, since 2002. The completion of the acquisition, which is subject to regulatory approvals, is expected to occur by June 2016.

Source: www.prnewswire.com

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