Intralot entry into Lotto unsatisfactory

POS SOFTWARE

It is almost official what people have been saying. See here. The switch from Lotto to Intralot in Victoria is not going well at all. I think this is partly because of consumer resistance to the switch, although the late delivery of the units to many sites, which resulted in inadequate preparation, did not help either.

 

Just a month after it opened for business in Victoria, leaked figures reveal sales for the Greek gambling company are running at about $1 million a week, way down on forecast estimates of $5.4 million.

As people are not buying Lotto to compensate, I estimate this is costing Intralot's agents just under $400,000 weekly in lost commissions, over $1,700 in profit each. Many agents will not be able to afford that! While the Victorian government is possibly losing a million dollars a week in taxation