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LottoGopher acquires majority stake in online sweepstakes business

16th July 2018 6:02 am GMT

Toronto-listed lottery messenger service LottoGopher is acquiring a controlling stake in US online sweepstakes business PlasmaNet, operator of the FreeLotto.com site.

LottoGopher will acquire 88 per cent of PlasmaNet, which it describes as an "ideal entry point" through which to expand into the regulated US iGaming market.

"PlasmaNet represents a multifaceted opportunity to a potential acquirer in the lottery, legal sports betting, sweepstakes, marketing, database, ecommerce and media industries," LottoGopher explained.

Through its FreeLotto.com site, PlasmaNet has attracted more [...]

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