International Lottery Systems (ILTS)

international lottery

ILTS, a company that operates worldwide, provides computerized wagering systems and facilities management services for on-line lotteries. The company is headquartered in Carlsbad, CA, and has offices in Australia and the United States.

It has been in business since April 30, 2002. During the past year, ILTS has reported consolidated cash flows and operations. However, the company’s Board of Directors voted to dismiss Arthur Andersen LLP as its independent public accountants. The Audit Committee also participated in the decision.

ILTS provides a high-quality wagering system and offers custom solutions to meet the needs of on-line lotteries. ILTS’s business is expected to continue to expand. In addition to its computerized wagering systems, the company offers digital voting systems and automated travel ticket printing.

The company’s most popular games are TOTO 2, 5/50+1/12, and 6/49. In addition to these games, the company also has a variety of instant scratchcards on its websites. The company’s other products include the eGambler platform, which helps companies manage the online lottery industry.

ILTS maintains close ties with key officials in the horse racing industry. Its products are generally subject to regulation in the countries in which it markets them. In the United States, ILTS has had little success. Nonetheless, the company expects to submit proposals to supply additional contracts.

The company has received unsolicited inquiries from potential customers. The company’s management believes that the ability to obtain contracts is related to its reputation in various fields of expertise.