Lottotech Carves out New Solution Designed for the US Market, State Use

Lottotech, one of the industry’s leading firms offering solutions for lottery messaging, has announced that is has designed and rolled out a new solution for US users, according to a Lottotech statement.

Lottotech will deliver its newest product that can be utilized by US lottery players within state jurisdictions. As such, users can order tickets for their favorite respective home state lotteries online using one portal, via the Quick Buy functionality. One of the draws of the service is that the price of the ticket will not be marked up in any way to the one users would pay in their local kiosk.

According to the company, the new product is in full Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term and coordination with U.S. authorities and regulatory commissions. Revenues from the solution for White Labels White Labels White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye Read this Term will derive from a special business model that is independent of the price of the ticket sold to customers.

The resulting utility is the product of several months of IT and research and development by Lottotech, which maintains a number of brands and white labels. Moreover, the company has not ruled out any further innovations in H2 2015.

Lottotech made waves last October after it raised nearly $6.0 million in funding, consequently launching its own sovereign lottery messenger platform. The platform helped streamline a number of online lotteries offering to clients willing to play the lottery across different countries worldwide