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Megalotto will give millions of players access to lotteries on a global scale in a mobile-first environment that is pushing the envelope for innovation of iGaming experiences on-the-go.Backed by venture capital company Optimizer Invest, the new online lottery and gaming business will launch its mobile-first lottery product on the Gaming Innovation Group (GiG) (GIG:Oslo) platform.“According to a recent press release……the St....
”Also commenting on the recent tie-up, Chief Executive Officer for Optimizer Invest, Petter Moldenius, said…“The innovative Megalotto product is the result of a successful partnership between two of our portfolio companies, bringing a world class, truly customer friendly experience.After securing a license from the Malta Gaming Authority (MGA), lottery newcomer, Megalotto, has gone live across multiple markets in its effort to “redefine” the online lottery experience of its customers. The brands operate under licenses held in Malta, UK, Sweden and Germany (Schleswig-Holstein)....
3 million cash payment, plus a prepaid platform fee of €8.6 million) deal, which consists of a €22. The brands operate under licenses held in Malta, UK, Sweden and Germany (Schleswig-Holstein)....
In addition to offering the largest jackpots from top lotteries around the world, Megalotto will also have on offer scratchcards, slots and instant win content, from well-known third-party suppliers. In addition to gaining opportunities with other brands in the two European countries, Betsson plans to integrate its own payment platforms and proprietary sportsbook with the GiG platform. The brands operate under licenses held in Malta, UK, Sweden and Germany (Schleswig-Holstein)....
As part of the online operator’s Spinback rewards program, the promotion kicks off on March 1st, 2020, and will run for six months.”Betsson acquisition:In related news……Swedish holding company, Betsson AB (BETSB:Stockholm), has reportedly acquired Gaming Innovation Group subsidiary Zecure Gaming Limited, which operates its inhouse brands in Sweden.“We are delighted to be going live with our new venture and to get our product in front of customers, said Megatotto’s Chief Executive Officer, Grant Williams....
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