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Tenlot aims to accelerate expansion with Stockholm IPO

4th February 2019 9:43 am GMT

London-based lottery and gaming provider Tenlot is planning an initial public offering (IPO) in Stockholm as the company looks to build on its recent global expansion.

Established by Croatian billionaire industrialist Jacob Engel, Tenlot is an affiliate of Elenilto Group and provides its services in Africa and Latin America, recently securing long-term agreements in Guatemala and Ghana.

Engel has been involved in a number of sectors, founding Elenilto Group and EngelInvest to establish diverse businesses in mining, [...]

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