Lottery Com Accuires Mexican Lottery Companies Juegalotto And Aganar
Lottery com, a platform that allows users to play the online lottery, has entered into a compulsory agreement on the acquisition of mexican lottery companies juegalotto and aganar to expand their activities in mexico and throughout latin america.
Juegalotto has a federal license for the the. Aganar has a license for the sale of a drawing of a mexican national lottery, tickets with instant winnings and other margin on the internet with access to the approved license for online casinos and bookmakers. Closing off acquisitions are subject to standard closing conditions.
It is estimated that the latin american lottery market in 26 countries is about 9.8 billion dollars. Address market in countries that cover juegalotto and aganar, includes 652 million people and potential customers.
"These acquisitions mean a significant increase in lottery com across mexico and latin america, since we are expanding our international operations, expand our products portfolio and bring our domestic products to new markets," said lottery ceo.Com tony dimatteo. Their joint presence and experience in the gaming industry are even more strengthing our vision of the leading global gambling market. ".
Transactions emphasize recent lottery efforts.Com on the expansion of its international expansion and presence, and the united organizations have a federal license, which allows them to conduct official national lotteries for pronosticos throughout mexico. Together they attracted 136,000 new players in the last 12 months. In addition, these acquisitions are the earliest stages of the long-term strategy of lottery.Com on access to additional international markets, both through partnership and through m&a.
"The combinationation of our experience, our products and gaming licenses in mexico and latin america in combination with a flawless brand lottery.Com is an obvious victory, and we are pleased to grow together in this region, "said luis carlos leal, general director of juegalotto. Mexico, recently regulating this market, is one of the most important markets in latin america, and we look forward to it to becom part of the constant vision of lottery.Com, international expansion and implementation."