Tenlot agrees long-term lottery deal in El Salvador22nd July 2020 9:40 am GMT
The National Lottery of El Salvador, Loteria Nacional de Beneficencia (LNB), has agreed a long-term deal with lottery and gaming operator Tenlot Group to significantly expand its product offering.
The exclusive 20-year license allows Tenlot to provide a wide range of gaming opportunities nationally, including sports betting, bingo, casino games and a range of digital instant games, among others.
LNB currently has more than 100 dedicated kiosks and over 1,300 registered sellers nationwide, which Tenlot plans to expand with thousands of additional points of sale and a significantly broader offering.
“Tenlot is honored to partner with the Government of El Salvador and Loteria Nacional de Beneficencia. Together, we will develop, implement and operate the most advanced, digital national gaming platform in Central America. This historic contract represents a vote of confidence in our corporation, the professionalism of our team and our technological capabilities,” said Tenlot chief executive Yossi Abadi.
“Tenlot’s new, innovative, digital platform will enable LNB to reach a much broader audience, without risk to public health, while generating profits to be shared with those most in need in El Salvador,” Abadi added. “Charitable programming was among the most important pillars in the negotiations between the LNB and Tenlot.”
The agreement strengthens Tenlot’s presence in Central America, where it is the leading gaming operator in Guatemala and the exclusive operator of bingo games in Costa Rica.