ILTS designs and manufactures computerized wagering systems. It also manages on-line lotteries. In addition, ILTS is a supplier of software, components, and terminals to other lottery systems. Its operations are based in Carlsbad, CA, and Australia.
The company’s products are marketed in countries that regulate lottery operations. These countries usually impose requirements for domestic manufacturing content. In addition, foreign business restrictions could impact the company’s operations.
ILTS also maintains close contacts with key officials in the international lottery industry. This relationship allows ILTS to learn about new business opportunities. In addition, ILTS often receives unsolicited inquiries from potential customers.
ILTS has five United States patents on its products. In addition, the company has one pending trademark. It also values technical expertise and creative skills in its personnel. In addition, ILTS requires licensees to sign nondisclosure agreements.
In addition to supplying systems, ILTS is expected to bid for additional contracts. Its management believes that success in obtaining contracts depends on its reputation in various fields of expertise. In addition, ILTS relies on security measures such as nondisclosure agreements and other forms of protection.
In addition to providing facilities management services, ILTS is also a supplier of lottery products. These products include instant scratchcard games, which are available on the Internet. These games allow users to place bets without having to physically present themselves at a lottery site.
The company’s products are sold through Jumbo Interactive and Netlotto Pty Ltd. In addition, ILTS operates the International Lottery in Liechtenstein Foundation, which pioneered online gaming. These organizations support a wide range of charitable projects.