Lottery.com enters the Ukrainian market through MSL – Online Lottery

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Lottery broker and information portal Lottery.com will enter the Ukrainian market as it continues its international expansion before being listed on the Nasdaq stock exchange next month.

Under a memorandum of understanding, the country’s state lottery operator, which is one of the largest gaming groups of its kind in Eastern Europe, will become the exclusive distributor of certain Lottery products. .com in Ukraine.

The provider’s online and mobile lottery games will be available both physically and electronically when approved by Ukrainian law, and will comply with current and future compliance requirements of Ukrainian lottery law as a result of the law. on games from last year.

“MSL is an expert and a leader in the field of lotteries in Ukraine. We are grateful to partner with such an established power in the lottery and gaming industry and very excited to expand into the Eastern European market ”, said Tony DiMatteo, CEO of Lottery.com.

The deal in Ukraine comes soon after Lottery.com – which allows players to buy tickets to lotteries such as Mega Millions and Powerball in the United States – signed a similar deal with the lottery operator last month. Inball to offer selected products in Turkey.

Prior to the finalization of its reverse takeover by Special Purpose Acquisition Company (SPAC) Trident Acquisitions Corp in mid-February, Lottery.com has been actively working on expanding its international presence and has announced its intention to ” announce other territories in the coming weeks.

The binding letter of intent with Trident was initially announced last November. The team behind Trident previously went public with blockchain-focused fintech firm Triterras through another PSPC named Netfin Acquisition Corp.

“Lottery.com has developed an innovative platform that is revolutionizing the lottery industry and bringing it into the digital age,” said Marat Rosenberg, president of Trident at the time. “The company has developed a world-class safe and secure mobile lottery platform that offers users the ability to play official lottery games directly from their phones.

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