Intralot Group, a leading company in the gaming industry, has released its year-to-date (YTD) results, showcasing its performance for the first nine months of 2023, ending in September. The revenue generated during this period amounted to €280m ($305.6m). This figure indicates a moderate decline of 7.2% compared to the previous year. However, there was a notable upswing in the third quarter, with a revenue increase of 8.1% to €104.8m.
Out of the total YTD revenue, €262.2m was attributed to gross gaming revenue (GGR). This segment experienced a slight growth of 2.2% compared to the same period last year. Despite the overall decrease in revenue, the gaming sector has managed to maintain a steady expansion.
When dissecting the earnings of the company, a significant portion of 12.3% is derived from the provision of IT products and services. The remainder is generated through various avenues such as video lottery terminals, sports betting, and lottery games. Notably, lottery games accounted for a substantial portion of the revenue earned in the past nine months, specifically 56.8%, equivalent to €159m.
Out of the total YTD revenue, €262.2m was attributed to gross gaming revenue (GGR). This segment experienced a slight growth of 2.2% compared to the same period last year. Despite the overall decrease in revenue, the gaming sector has managed to maintain a steady expansion.
When dissecting the earnings of the company, a significant portion of 12.3% is derived from the provision of IT products and services. The remainder is generated through various avenues such as video lottery terminals, sports betting, and lottery games. Notably, lottery games accounted for a substantial portion of the revenue earned in the past nine months, specifically 56.8%, equivalent to €159m.
