Greek company Intralot has announced that it will enter Italy's VLT market through a joint venture with Cogetech.

The lottery systems provider, which already offers online poker, sports and horse betting in Italy, will have a 51 per cent stake in the venture.

Operation of the VLTs is expected to commence during the first quarter of 2010 and the majority of its lotto machines will be installed at its current network of betting shops in the country.