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Intralot Integrated Lottery Systems and Services SA to Operate South Korea’s National Lottery

Wednesday, 4 Sep 2013 03:59am EDT 

Intralot Integrated Lottery Systems and Services SA announced that following an international tender the “NANUM LOTTO” consortium, in which the Company participates, has been awarded a license to operate South Korea’s National Lottery by the Korea Lottery Commission (KLC). The duration of the license awarded is five years (2013-2018) and the newly developed localized system is expected to be launched early December 2013. During the new license’s term, “NANUM LOTTO” will be responsible for operating a consolidated lottery business, which includes the Online Lotto, Instant Products, and the Electronic Lottery. INTRALOT will provide system operations, monitoring services, consulting services related to both Online and Instants products, and technological support. The “NANUM LOTTO” consortium has been exclusively operating the South Korea’s National Lottery since 2007, holding the five-year license that it had received the same year following an international tender. 

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