ChinaTrust Commercial Bank selects Intralot’s joint venture for its technology
Integrated gaming and transaction processing systems developer and supplier Intralot SA has announced that its LotRich Information Company Limited joint venture has won a ten-year contract to provide technology for the Public Welfare Lottery in Taiwan.
Athens-based Intralot revealed that the deal was secured with ChinaTrust Commercial Bank, which is a member of ChinaTrust Financial Holding Company, subsidiary following an international tender and will see it supply operator Taiwan Lottery Corporation with its LOTOS O/S online gaming computer system and LOTOS Horizon content management software and hardware.
Intralot has served as ChinaTrust Commercial Bank’s lottery systems technology provider since 2007 when the operator obtained its first licence and is now also due to supply the firm with central system and retail network maintenance and support services while additionally installing some 6,050 Photon terminals at retail locations across Taiwan.
“The decision of ChinaTrust Commercial Bank to reselect us as its lottery systems technology provider ratifies our excellent and fruitful collaboration with ChinaTrust Commercial Bank and Taiwan Lottery Corporation since 2007,” said Constantinos Antonopoulos, Chief Executive Officer for Intralot.
“Intralot, through its full range of integrated and innovative products and services, has been a valuable and trustworthy provider of technology for ChinaTrust Commercial Bank, supporting it in its endeavours to increase its contributions to good causes. We are extending our presence in the Taiwanese market for another ten years aiming to maintain our position as the dominant player in the Asian gaming market.”
Intralot is the major shareholder in Taipei-based LotRich Information and stated that it was selected following an open procedure that evaluated potential technical providers’ ‘experience and skill, technology system planning, operation management planning, risk management and security control, implementation plan, other suggestions and price’.
“We are very excited with this long-term project as it will further strengthen our significant position in Taiwan and the wider Asian region,” said Marios Mitromaras, Asia General Manager for Intralot and Chairman for LotRich Information.
“Our extensive knowledge of the local requirements and expectations, as we have been collaborating with our Taiwanese client and partners since 2007, allows us to continue the already established and successful collaboration with ChinaTrust Commercial Bank and Taiwan Lottery Corporation for the benefit of Taiwan and its lottery players.”