Bally’s Intralot announces leadership change in lotteries division

Bally’s Intralot S.A., announced a planned leadership transition within its lotteries division on Wednesday. 

Nikos Nikolakopoulos, who currently serves as president of lotteries, and an executive board member, will step down from his role effective 16 March 2026. He will remain involved as a non-executive director on the company’s board.

Robeson Reeves, the firm’s chief executive officer, publicly acknowledged Nikolakopoulos’ 20 years of service. He expressed gratitude for Nikolakopoulos’s contributions and affirmed that the incoming leadership is “committed to building on his legacy and advancing our strategic priorities to ensure a strong outlook.”

Chrysostomos Sfatos, who currently holds the positions of chief operating officer and executive board member, will assume the role of President of Lotteries. This will be in addition to maintaining his current responsibilities. 

Bally’s Intralot framed this appointment to reinforce “the company’s commitment to strategic growth, operational excellence, and long-term value creation.”

Nikolakopoulos will maintain his executive responsibilities until the transition date of 16 March 2026. Bally’s Intralot has positioned this change as a measured succession plan aimed at sustaining continuity in the company’s lotteries operations.

This leadership development marks a new phase for Bally’s Intralot. It follows a decline in revenue for the first nine months of 2025.

Bally’s and Intralot combined in a €2.7 billion deal last year as the Greek lottery group acquired the US operator’s interactive business. 

The deal sought to create a global iGaming and lottery leader with €1.1 billion in revenues, leveraging Bally’s customer retention developments, which it said were built to mitigate stricter regulations in UK, as it builds out a global B2C powerhouse.