For the past 10 years, Intralot has been running the Taiwan Lottery with the help of ChinaTrust Commercial Bank (CTCB) and its subsidiary lottery operator, Taiwan Lottery Corporation (TLC). A new agreement will see it remain in the territory for another 10 years.
Intralot announced this week that LotRich Information, a joint venture it operates with CTCB, was selected by the bank to retain its place as the technology provider for TLC. LotRich was initially chosen as the provider in May 2013 after an international tender process.
Neither the original contract nor the renewal came as a surprise. The company had been CTCB’s tech partner since 2007, giving it a powerful position ahead of the competition.
Intralot announced this week that LotRich Information, a joint venture it operates with CTCB, was selected by the bank to retain its place as the technology provider for TLC. LotRich was initially chosen as the provider in May 2013 after an international tender process.
Neither the original contract nor the renewal came as a surprise. The company had been CTCB’s tech partner since 2007, giving it a powerful position ahead of the competition.