Intralot sees GGR rise to €80.5m while net loss falls in Q1

Intralot sees GGR rise to €80.5m while net loss falls in Q1

Article brief provided by iGaming Business
  • Marese O'Hagan, iGaming Business
June 9, 2021 9:30 PM
  • Marese O'Hagan, iGaming Business

Greek gaming and lotteries operator and supplier Intralot saw a gross gaming revenue (GGR) of €80.5m (£69.4/$98.06) in its first quarter of 2021, an 8.44% increase year on year, helping it reduce its loss.

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The GGR was generated from an overall turnover of €102.0m, which increased by 9.2% compared to the previous first quarter. The €21.4m difference between the GGR and turnover is due to the inclusion of the amount wagered for Intralot’s licensed B2C operations in its turnover.

The licensed operations, or B2C, made up €34.2m of the turnover, a year on year increase of 3.8%. Revenue from this segment, meanwhile, came to €12.8m.