Intralot S.A. Integrated Lottery Systems and Services (IRLTY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Intralot S.A. Integrated Lottery Systems and Services (IRLTY) trades at $1.10 with AI Score 47/100 (Grade C). Intralot S. A. Market cap: $784.35M, Sector: Consumer cyclical.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for IRLTY: IRLTY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IRLTY against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
IRLTY: the 1 perspectives are evenly split.
How is this calculated? →Intralot S.A. Integrated Lottery Systems and Services (IRLTY) Consumer Business Overview
Intralot S.A. Integrated Lottery Systems and Services is a global provider of comprehensive gaming solutions for state-licensed organizations. The company specializes in integrated systems for transaction processing, diverse game content, and sports betting management, leveraging innovative platforms like LotosX and INTRALOT Orion to enhance digital and retail lottery experiences worldwide.
What Is the Investment Thesis for IRLTY?
Intralot S.A. (IRLTY) presents an investment profile centered on its established position as a global provider of integrated gaming solutions to state-licensed organizations. The company's comprehensive product suite, including LotosX for digital ecosystems and INTRALOT Orion for sports betting, positions it to capitalize on the increasing global adoption of digital lottery solutions and the expansion of regulated sports betting markets. With a market capitalization of $784.35M and a gross margin of 34.7%, Intralot demonstrates operational efficiency in its service delivery. Key growth catalysts include potential new contract wins for its advanced platforms and the ongoing digitalization trend within the gaming sector. However, investors must consider the company's current negative profit margin of -1.3%, indicating unprofitability, and the inherent risks associated with its ADR Level 1 status and trading on the OTC Other tier, which can imply lower liquidity and less stringent reporting requirements. The company's Beta of 0.99 suggests its stock volatility largely mirrors the broader market, while navigating evolving regulatory landscapes in the gaming sector remains a continuous challenge.
Based on FMP financials and quantitative analysis
IRLTY Key Highlights
- Market Capitalization: $0.78 billion, reflecting the company's valuation in the public market.
- Profit Margin: -1.3%, indicating that the company is currently operating at a net loss.
- Gross Margin: 34.7%, demonstrating the profitability of its core revenue after accounting for the cost of goods sold.
- Beta: 0.99, suggesting the stock's price volatility is closely aligned with the overall market.
- Employee Base: 1675 employees, supporting its global operations and extensive technological development.
Who Are IRLTY's Competitors?
IRLTY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $31.68 | +1.34% | $7.53B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.56 | +1.70% | $434.69M | 59 |
| SLNA Selina Hospitality PLC | $0.03 | -20.21% | $16.31M | 59 |
| GMVHY Entain Plc | $7.18 | -0.97% | $4.59B | 48 |
| BYD Boyd Gaming Corporation | $87.90 | -0.09% | $6.53B | 48 |
| FLUT Flutter Entertainment plc | $106.03 | +0.61% | $18.39B | 48 |
| SCHYY Sands China Ltd. | $16.85 | +0.18% | $13.64B | 48 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IRLTY's Key Strengths?
- Global leader in providing integrated lottery systems and services to state-licensed organizations.
- Comprehensive product suite covering digital lotteries, sports betting, and retail innovation.
- Established in 1992, demonstrating long-term industry presence and experience.
- Dedicated employee base of 1675 supports global operations and technological development.
What Are IRLTY's Weaknesses?
- Negative profit margin of -1.3%, indicating current unprofitability.
- ADR Level 1 status and trading on the OTC Other tier, potentially implying lower liquidity and less stringent reporting.
- Reliance on state-licensed organizations, which can be subject to political and regulatory changes.
- Dividend yield is none, which may not appeal to income-focused investors.
What Could Drive IRLTY Stock Higher?
- Potential new contract wins for Intralot's digital lottery or sports betting platforms in expanding regulated markets, driving revenue growth.
- Expansion of existing partnerships into new jurisdictions or product lines, leveraging the company's comprehensive suite of solutions.
- Continued global adoption of digital gaming solutions, increasing demand for Intralot's advanced platforms and services.
- Introduction of new innovative retail solutions or significant enhancements to existing products like ScannPlay, attracting more operators and players.
What Are the Key Risks for IRLTY?
- Negative return on equity (-18.6%) — the business is not currently generating profit on shareholder capital.
- The company's negative profit margin of -1.3% indicates current unprofitability, which could impact its ability to fund future growth and operations.
- Navigating the evolving and complex regulatory landscape in the global gaming sector requires continuous adaptation and significant compliance efforts, posing operational and financial risks.
- The lower liquidity and less stringent reporting requirements associated with trading on the OTC Other tier may lead to increased price volatility and difficulty for investors in buying or selling shares.
- Intense competition from other gaming technology providers globally could put pressure on pricing, market share, and contract renewals.
- Currency fluctuation risks for ADR holders due to the exposure between the U.S. Dollar and the Euro, impacting the dollar-denominated value of investments and returns.
What Are the Growth Opportunities for IRLTY?
- **Digital Lottery Market Expansion:** The global shift from traditional paper-based lotteries to digital platforms presents a significant growth opportunity for Intralot. With products like LotosXi, designed specifically for digital lotteries, and the adaptable LotosX ecosystem, the company is well-positioned to capture market share as more state-licensed organizations modernize their operations. This trend is driven by consumer preference for convenience and accessibility, potentially leading to increased engagement and revenue for operators utilizing Intralot's advanced digital solutions over the next 5-10 years as global internet penetration and mobile usage continue to rise.
- **Global Sports Betting Legalization and Growth:** The ongoing legalization and expansion of sports betting markets worldwide offer a substantial growth avenue. Intralot's INTRALOT Orion platform provides a robust and scalable solution for sports betting management, enabling the company to secure new contracts and expand its footprint in newly regulated or expanding jurisdictions. As more countries and states embrace regulated sports betting, the addressable market for Intralot's technology and services is expected to grow, with significant opportunities emerging over the next decade as regulatory frameworks mature and consumer adoption increases.
- **Innovation in Retail Customer Experience:** While digital channels are growing, the retail segment remains crucial for many lotteries. Intralot's innovative solutions like Lottery Next, ScannPlay, and TapnBet enhance the in-store customer experience by integrating digital convenience into physical retail environments. These products allow for seamless transactions and impulse betting, attracting a broader demographic and increasing engagement. This focus on modernizing the retail touchpoint provides a competitive edge, driving incremental revenue growth and strengthening existing client relationships in the short to medium term (3-5 years) by catering to diverse player preferences.
- **Demand for Regulatory Technology and Compliance:** The highly regulated nature of the gaming industry creates a continuous demand for sophisticated compliance and licensing management systems. Intralot's Gaming License System, an integrated platform for end-to-end processing of licensing procedures, addresses a critical need for regulatory bodies. As jurisdictions introduce new regulations or update existing ones, the demand for efficient and transparent systems to manage licenses and monitor gaming networks (like INTRALOT GMS) will increase. This niche but essential market segment offers stable revenue streams and reinforces Intralot's value proposition to state entities over the long term.
- **Adoption of Integrated Gaming Ecosystems:** Intralot's LotosX platform represents a comprehensive, modular ecosystem designed to empower operators with secure, reliable, and flexible gaming experiences across multiple channels. The trend among gaming organizations is to seek integrated solutions that streamline operations, reduce complexity, and provide a unified view of their business. By offering a holistic platform that can manage various game types, channels, and regulatory requirements, Intralot can secure larger, more encompassing contracts, driving deeper client relationships and expanding its revenue per client over the next 5-7 years as operators consolidate their technology stacks.
What Opportunities Does IRLTY Have?
- Increasing global adoption of digital lottery solutions and online gaming platforms.
- Expansion of regulated sports betting markets in new jurisdictions worldwide.
- Further innovation in retail customer experience through digital integration (e.g., ScannPlay, TapnBet).
- Leveraging its integrated ecosystem (LotosX) to secure broader contracts and deepen client relationships.
What Threats Does IRLTY Face?
- Evolving and potentially restrictive regulatory landscapes in the global gaming sector.
- Intense competition from other established and emerging gaming technology providers.
- Technological disruption or rapid shifts in consumer preferences that could outpace current offerings.
- Economic downturns impacting consumer discretionary spending on gambling and lottery products.
What Are IRLTY's Competitive Advantages?
- Comprehensive, integrated suite of solutions covering the entire gaming value chain, from systems to operations and content.
- Established global presence and long-standing relationships with numerous state-licensed organizations, fostering trust and recurring revenue.
- Proprietary technology platforms like LotosX, INTRALOT Orion, and ScannPlay, which are developed in-house and tailored for the gaming sector.
- Expertise in navigating and adapting to complex and diverse regulatory landscapes across multiple international jurisdictions.
What Does IRLTY Do?
Intralot S.A. Integrated Lottery Systems and Services, established in 1992 and headquartered in Paiania, Greece, stands as a global leader in providing comprehensive gaming solutions to state-licensed organizations. The company's core business revolves around furnishing integrated systems for gaming and transaction processing, offering diverse game content, robust sports betting management tools, and interactive gaming services across the globe. Intralot's innovative product portfolio is designed to meet the evolving demands of the gaming industry. Key offerings include LotosX, an adaptable and modular ecosystem engineered to empower operators with secure, reliable, flexible, and seamless gaming experiences. For the rapidly expanding digital lottery market, Intralot provides LotosXi, while its INTRALOT Orion platform serves as a powerful and reliable sports betting solution. Furthermore, the INTRALOT GMS acts as a unified system for the efficient monitoring and control of extensive gaming networks. Regulatory bodies also benefit from the INTRALOT Gaming License System, an integrated platform that streamlines end-to-end processing and workflow management for various gaming licensing procedures. Beyond its core technology, Intralot enhances the retail customer experience with Lottery Next, a digital solution facilitating the purchase of lottery and sports betting products. Its innovative ScannPlay system offers an in-store digital lottery and betting experience, allowing unregistered players to place wagers, make payments, and receive a digital e-ticket on their mobile device without physical interaction. For casual or less experienced users, TapnBet provides an impulse betting option via vending machines or self-service terminals, simplifying game browsing. Intralot's service portfolio extends beyond technology to include the design, organization, and management of games, alongside advertising and sales promotion activities. The company also offers risk management for fixed-odds games, general game operating services, and comprehensive installation, technical support, and maintenance services for lotteries, solidifying its position as an end-to-end solutions provider in the global gaming sector.
What Products and Services Does IRLTY Offer?
- Provide integrated systems for gaming and transaction processing to state-licensed organizations.
- Offer diverse game content and sports betting management tools globally.
- Deliver interactive gaming services, including digital lottery and sports betting platforms.
- Develop adaptable ecosystems like LotosX for secure, reliable, and seamless gaming experiences.
- Supply digital lottery solutions such as LotosXi and robust sports betting platforms like INTRALOT Orion.
- Manage and monitor extensive gaming networks through systems like INTRALOT GMS.
- Facilitate regulatory compliance with the INTRALOT Gaming License System for licensing procedures.
- Enhance retail customer experiences with digital solutions like Lottery Next, ScannPlay, and TapnBet.
How Does IRLTY Make Money?
- Selling integrated gaming systems, software licenses, and technology platforms to state-licensed lottery and gaming organizations.
- Providing ongoing operational services, technical support, and maintenance for installed lottery and betting systems.
- Engaging in the design, organization, and management of games, alongside advertising and sales promotion activities.
- Offering risk management services for fixed-odds games as part of its comprehensive service portfolio.
What Industry Does IRLTY Operate In?
Intralot S.A. operates within the Consumer Cyclical sector, specifically in the Gambling, Resorts & Casinos industry, a dynamic market driven by technological advancements and evolving regulatory frameworks. The industry is experiencing a significant shift towards digitalization, with increasing demand for online lottery platforms, sports betting solutions, and integrated gaming ecosystems. Intralot positions itself as a global leader by providing state-licensed gaming organizations with a comprehensive suite of technology and services, differentiating itself through its end-to-end offerings from game content to operational support. The competitive landscape includes other technology providers to state lotteries and sports betting operators. Intralot's focus on secure, reliable, and flexible solutions, coupled with its ability to navigate complex regulatory environments, allows it to maintain its standing in a market characterized by continuous innovation and expansion into new regulated jurisdictions.
Who Are IRLTY's Key Customers?
- State-licensed lottery and gaming organizations worldwide seeking technology and operational support.
- Regulatory bodies requiring integrated platforms for managing gaming licenses and network monitoring.
- Retail networks aiming to modernize their lottery and sports betting offerings with digital solutions.
- Players who interact with Intralot's technology through digital channels, self-service terminals, and in-store solutions.
Company Profile
Intralot S.A. Integrated Lottery Systems and Services operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Paiania, GR. The company is led by CEO Nikolaos I. Nikolakopoulos. IRLTY has traded publicly since 2013.
IRLTY Valuation & Market Position
With a $784.35M market cap, Intralot S.A. Integrated Lottery Systems and Services sits in the small-cap segment of the market. Relative to its peer group, IRLTY's quantitative score of 47/100 is below the peer average of 58/100.
ROE -19%Key Financial Metrics
Return on equity for Intralot S.A. Integrated Lottery Systems and Services stands at -18.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.3%, showing how much profit it generates from its asset base. Its free cash flow yield is 8.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.43 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.7%, the inverse of the P/E and a quick read on earnings relative to price.
IRLTY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Global leader in providing integrated lottery systems and services to state-licensed organizations.
- Comprehensive product suite covering digital lotteries, sports betting, and retail innovation.
- Established in 1992, demonstrating long-term industry presence and experience.
- Dedicated employee base of 1675 supports global operations and technological development.
Bear Case
- Negative profit margin of -1.3%, indicating current unprofitability.
- ADR Level 1 status and trading on the OTC Other tier, potentially implying lower liquidity and less stringent reporting.
- Reliance on state-licensed organizations, which can be subject to political and regulatory changes.
- Dividend yield is none, which may not appeal to income-focused investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
IRLTY Latest News
No recent news available for IRLTY.
IRLTY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IRLTY.
Price Targets
Wall Street price target analysis for IRLTY.
IRLTY MoonshotScore
What does this score mean?
The MoonshotScore rates IRLTY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Nikolaos I. Nikolakopoulos
Unknown
Unknown
Track Record: Unknown
Intralot S.A. Integrated Lottery Systems and Services ADR Information Unsponsored
Intralot S.A. trades as an American Depositary Receipt (ADR) Level 1, under the ticker IRLTY. An ADR is a certificate issued by a U.S. depositary bank representing shares of a foreign company's stock. For IRLTY, this means U.S. investors can buy and sell shares of the Greek-based Intralot S.A. on U.S. markets without directly trading on the Athens Exchange. Level 1 ADRs are the most basic form, typically traded on the OTC market, and do not require full SEC registration.
- Home Market Ticker: The primary stock exchange for Intralot S.A. is in Greece, where its shares trade under the ticker IRLT.
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: IRLT
IRLTY OTC Market Information
IRLTY trades on the OTC Other tier of the OTC Markets Group. This tier is for companies that do not meet the disclosure requirements for OTCQX or OTCQB, or choose not to provide financial information. Unlike companies listed on major exchanges like NYSE or NASDAQ, which have stringent listing standards regarding financial reporting, corporate governance, and minimum share prices, OTC Other companies have significantly less regulatory oversight. This can result in limited publicly available information and a less transparent trading environment compared to fully reporting companies.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Lower transparency due to less stringent reporting requirements and an 'Unknown' disclosure status.
- Increased price volatility and wider bid-ask spreads due to lower trading volumes and liquidity.
- Potential for limited analyst coverage and institutional interest, making it harder to find independent research.
- Less regulatory oversight compared to major exchanges, which can expose investors to higher risks.
- Difficulty in accurately valuing the company due to limited and potentially infrequent financial disclosures.
- Verify the company's business operations and global contracts through independent sources, if available.
- Scrutinize any available financial reports, even if not SEC-compliant, for consistency and red flags.
- Research management's background and track record beyond what is publicly stated on OTC Markets.
- Assess the company's home country regulatory filings for more comprehensive financial and operational data (e.g., Athens Exchange for IRLT).
- Evaluate the company's competitive position and industry trends independently, given the limited U.S. reporting.
- Monitor news and press releases from the company and its partners for operational updates and contract wins.
- Understand the specific risks associated with ADRs and OTC trading, including currency and liquidity risks.
- Established company founded in 1992, indicating a long operational history in the gaming sector.
- Global leader in its niche, providing integrated solutions to state-licensed gaming organizations worldwide.
- Significant employee base of 1675, suggesting a substantial operational footprint and workforce.
- Headquartered in Paiania, Greece, with its home market ticker IRLT trading on a recognized international exchange.
Common Questions About IRLTY (Consumer Cyclical)
What does Intralot S.A. Integrated Lottery Systems and Services do?
Intralot S.A. is a global provider of integrated lottery systems and services, catering primarily to state-licensed gaming organizations. The company's core business involves supplying advanced technology, software, and operational support for various gaming activities. This includes furnishing integrated systems for gaming and transaction processing, offering a diverse range of game content, providing sophisticated sports betting management tools, and delivering interactive gaming services worldwide. Their product portfolio features solutions like LotosX for comprehensive operator ecosystems, LotosXi for digital lotteries, INTRALOT Orion for sports betting, and innovative retail solutions such as ScannPlay and TapnBet, alongside services like game design, risk management, and technical support.
How does Intralot S.A. navigate the complex regulatory environment of the global gaming industry?
Intralot S.A. operates within a highly regulated global gaming industry by focusing on providing solutions to state-licensed organizations, which inherently requires adherence to diverse and often stringent regulatory frameworks. The company offers the INTRALOT Gaming License System, an integrated platform designed to facilitate end-to-end processing and workflow management for various gaming licensing procedures, directly assisting regulatory bodies. Its business model emphasizes compliance and secure operations, ensuring its platforms and services meet the legal requirements of each jurisdiction. This proactive approach to regulatory technology and its experience in multiple international markets enable Intralot to adapt to evolving regulations and maintain its position as a trusted partner for state-controlled gaming entities.
What are the implications of IRLTY being an ADR traded on the OTC market?
IRLTY's status as an American Depositary Receipt (ADR) Level 1, traded on the OTC Other tier, carries several implications for investors. As an ADR, it allows U.S. investors to own shares of the Greek-based Intralot S.A. without direct foreign exchange trading, but it exposes them to currency risk between the USD and EUR. Trading on the OTC Other tier means the company faces less stringent disclosure requirements compared to major exchanges, with its disclosure status currently 'Unknown'. This can lead to lower transparency, potentially wider bid-ask spreads, and reduced liquidity, making it more challenging to buy or sell shares efficiently. Investors should conduct thorough due diligence, as less public information and regulatory oversight are characteristic of this market tier.
What are the key factors to evaluate for IRLTY?
Intralot S.A. Integrated Lottery Systems and Services (IRLTY) holds an AI score of 47/100 (low). Not financial advice.
How frequently does IRLTY data refresh on this page?
IRLTY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven IRLTY's recent stock price performance?
Intralot S.A. Integrated Lottery Systems and Services (IRLTY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Global leader in providing integrated lottery systems and services to state-licensed organizations. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider IRLTY overvalued or undervalued right now?
Valuing Intralot S.A. Integrated Lottery Systems and Services (IRLTY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying IRLTY?
Before investing in Intralot S.A. Integrated Lottery Systems and Services (IRLTY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based solely on the provided source data as of 2026-06-15. No external research or market data was used.