Bally’s Intralot announces executive leadership changes

Bally’s Intralot S.A. has announced that Nikos Nikolakopoulos, President of Lotteries and Executive Board Member, will step down from his executive role effective March 16, 2026.

Nikolakopoulos will continue to serve on the board as a Non-Executive Member.

In a strategic transition, Chrysostomos Sfatos, currently Chief Operating Officer and Executive Board Member, will assume the additional role of President, Lotteries.

The company said the move is intended to strengthen its focus on strategic growth, operational excellence, and long-term value creation.

“I would like to thank Nikos for his dedication and invaluable contribution to the company’s growth and the wider lottery community ecosystem over the past 20 years, and I count on his continuing support,” Robeson Reeves, CEO and Executive Board Member of Bally’s Intralot, said. “The new leadership team is committed to building on his legacy and advancing our strategic priorities to ensure a strong outlook.”

Bally’s Intralot is the resulting entity following Intralot’s €2.7 billion ($3.1 billion) acquisition of Bally’s Interactive in 2025. Prior to completing the purchase, Intralot stated that the enlarged group would deliver pro-forma FY2025 results of approximately €1.1 billion in revenue and €435 million in adjusted EBITDA.

Reeves was announced as CEO as part of a newly structured Board of Directors unveiled in November. “This is a milestone transaction for Bally’s," said Reeves when the deal was announced. "We have unlocked significant liquidity in a key asset while establishing an even stronger platform for digital growth."