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.
2020 Global Market Outlook: How the “Known Unknowns” Can Affect CurrenciesGo to article >>
According to the company, the new product is in full compliance and coordination with U.S. authorities and regulatory commissions. Revenues from the solution for white labels 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