Racinos became a step closer to reality when the state Controlling Board agreed to waive competitive bidding and award a contract to Intralot, a Greek company with U.S. offices in Georgia, to implement a monitoring system for tracking video lottery terminals (VLTs). Intralot is already the vendor for the Ohio Lottery. The contract is for two years and Intralot will be paid $9 million.

By waiving competitive bidding, Intralot could have their system up and running at Ohio’s racetracks by January, four months earlier than had the contract gone out to bid.