Lottery com to acquire Mexican lottery companies

Lottery

Lottery.com has reached a binding arrangement to gain Mexican-based JuegaLotto and Aganar.

Lottery.com CEO, Tony DiMatteo, said: “These acquisitions testament tight significant inroads for Lottery.com throughout United Mexican States and Latin America as we spread out our international operations, expand our portfolio of products, and expose our domesticated products to young markets."

The trade will consider Lottery.com expand its touch in Latin America, with both Aganar and JuegaLotto licensed to sell lottery games in Mexico. The drawing market in Latin America is estimated to live worth $9.8bn, including 26 countries.

The securities industry in countries that both Mexican companies patronage inward contains 652 zillion potentiality customers, patch inwards the past times 12 months, the pair has attracted 136,000 young players.

JuegaLotto CEO Luis Carlos Leal said: “The combining of our experience, our products, and gaming licences in Mexico and Latin American, in trades union with the brand of Lottery.com is an obvious win and we are rhapsodic to raise together inwards the region.”

Nour-Dean Anakar, representative of Aganar, added: “The direction on maturation and bringing additional companies and distribution partners into the sheep pen is a cay device driver for Lottery.com, and I am surefooted our platform, and my have inwards the drawing industry, will quicken this impulse fifty-fifty further.”

With the acquisition completed, the deal is ease theme to received closure conditions.