London Stock Exchange (LSE) listed Sportech PLC has completed its outright acquisition of iLottery systems and games provider LOT.TO. The acquisition is set to provide Sportech with a new digital gaming vertical for iLottery, as well as enhancing its internal capacities incorporating LOT.TO’s product proven technology development teams. It intends to cement the racing and wagering systems provider’s global gaming …
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LOT.TO expands numbers dynamics with Betradar
Next generation i-lottery systems and lottery games provider LOT.TO has confirmed that it will utilise Betradar (Sportradar AG subsidiary) betting software services to enhance its numbers based betting solution for sportsbook customers. In 2018, Betradar has moved to revamp its ‘numbers betting’ solution simplifying game formats whilst improving customer functionalities for its lottery components. Updating stakeholders LOT.TO development confirms that …
Read More »Sportech broadens gaming capacities with LOT.TO strategic investment
LSE-listed wagering and racing systems provider Sportech Plc has entered a ‘strategic alliance‘ with London-based iLottery systems provider LOT.TO – seeking to ‘broaden its suite of gaming opportunities’. Sportech has moved to acquire LOT.TO’s enterprise outright on a share-for-share basis. The transaction sees LOT.TO continue to operate as a stand-alone outfit, with Sportech confirming that ‘the acquisition would be non-material …
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