Standard General completed an $132m investment in Intralot.

Standard General, a hedge fund, completed an $132m investment in Intralot, a gaming solutions supplier and operator. “The full coverage of Intralot’s Share Capital Increase is an important milestone in our strategic plan towards creating value for all takeholders and enhancing our presence in developed markets. I would like to welcome Standard General as a new strategic investor in support of our vision as well as the participating shareholders for their support and all company staff for their commitment and efforts towards this goal,” Sokratis Kokkalis, Intralot Chairman and CEO.