British bookmaker Betfred has acquired a majority stake in South African online lottery betting operator LottoStar.
The agreement expands Betfred’s presence in South Africa, where it currently operates 53 retail betting shops and a growing online business following the recent acquisitions of Betting World and Sepels Sportsbet.
“We are delighted to partner with such a fast-growing company in South Africa, the business will not only complement our activity in South Africa but our international businesses in the [...]