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Sportech completes acquisition of iLottery provider LOT.TO

4th February 2019 6:20 am GMT

London-listed betting technology provider Sportech has completed its acquisition of UK-licensed lottery provider LOT.TO Systems.

Sportech entered into exclusive talks with LOT.TO last November, with the acquisition completed Friday with consideration satisfied by the issuance of two million new Sportech ordinary shares of 20p to the vendors.

Sportech said that the acquisition provides the supplier with a leading digital iLottery platform, and a specialist team focused on innovative digital gaming technologies. "This [...]

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