Lottery.com to enter Ukraine

The lottery broker will enter the Ukraine market through an MOU with state lottery operator MSL.

Ukraine.- The lottery broker and information portal Lottery.com is entering Ukraine in a deal with the state lottery operator.

MSL, one of the largest gaming groups in Eastern Europe, will distribute select Lottery.com products under a new memorandum of understanding. 

Once approved, online and mobile lottery games will be available both physically and electronically in accordance with new compliance regulations following the implementation of the Ukrainian Gambling Act.

See also: New Ukrainian gambling regulator approves first licence

The move comes as Lottery.com continues to expand internationally ahead of its IPO on the Nasdaq stock exchange next month.

Tony DiMatteo, chief executive officer of Lottery.com, said: “MSL is an expert and leader in the lottery space in Ukraine. We are grateful to be partnered with such an established powerhouse in the lottery and gaming industry and very excited to expand into the Eastern European market.”

Lottery.com, which allows players to buy tickets for lotteries such as the US Mega Millions and Powerball, has signed a similar deal with lottery operator Inball in Turkey.