Intralot Shakes Up Structure to Increase Shareholder Value
Feb 6, 2014
New three-part structure to accommodate company’s global reach
The Greek gaming and lottery operator Intralot has unveiled a new organizational structure. It recently commissioned the Boston Consulting Group to analyze its management system and subsequently determined that changes were needed. The changes are intended to improve service, better meet global commitments, and increase shareholder value.
Intralot offers such services as management systems for online and mobile sportsbooks. It will now have a three-part structure, with the divisions: “Products and Services,” “Global Operations and Sales,” and “Technology.” Company execs hope the new clearly defined structure will increase efficiency.
Move comes with need to expand global profile
CEO Constantinos Antonopoulos has this to say: “The new structure fosters innovation in products and services to the benefit of our customers and stakeholders. Moreover, the reinforced and improved organisation of our global operations aims to maximize the return of our investments.”
While background firms like Intralot rarely make casino gambling news the technology and services they provide are crucial to the growing interactive gaming industry. The firm supports businesses across Europe as well as Africa and Latin America. Given its international scope, management determined that it needed a separate global division.