LottoGopher Holdings Inc. Commences Trading
Vancouver,
British Columbia--(Newsfile Corp. - May 23, 2017) - LottoGopher
Holdings Inc. (CSE: LOTO) ("LottoGopher" or the "Company") is the first
and only website operating compliantly in the U.S. where lottery players
in California can legally order online Powerball, Mega Millions and
SuperLotto Plus tickets. California is the second leading state for
lottery sales in the U.S., with a population of approximately 39 million
people. Members order and pay for tickets with a credit or debit card,
and manage their tickets on an innovative online platform, saving time
and hassle. Winnings are credited to member accounts, or for large
prizes, paid out directly by the state lottery to the winner.
James
Morel, founder and CEO of LottoGopher commented: "We offer the first
secure way to order your lottery tickets online for the three biggest
lotteries in the state of California. It was a long journey to get to
where we are today, and I'm extremely proud of our entire team. We're
now financed and prepared to invest heavily in marketing LottoGopher in
the U.S. Partnering with Lottoland, Europe's leading online lottery
company, has been integral for strengthening the business' structure and
growth paradigm. We've made improvements to the front and back end of
the site with their consultation and guidance. The plan is to expand
into other lottery states to increase our membership base substantially
to address the more than $70 billion lottery market in the U.S."
Strategic Partnership
Lottoland
is a European online lottery company that was recently named the
leading lotto company in Europe by the Financial Times FT1000 report.
Lottoland has 5.5 million customers worldwide, 270 employees and
revenues of approximately €300 million (USD$327 million) for 2016. Mr.
Lloyd Lemmon, General Counsel and Group Company Secretary for Lottoland
and former Head of Legal for TD Waterhouse (part of the Toronto Dominion
Bank), has been appointed to the Board of
Directors for LottoGopher.
Lloyd
Lemmon of Lottoland commented: "Lottoland's success in the overseas
markets for online lottery has shown the world where the next generation
of lottery players are heading: online. The United States is an
enormous market with unique challenges and opportunities. With
LottoGopher's compliant business structure, it was a logical step for us
to partner with them. We're looking forward to lending our years of
expertise in online lottery to the LottoGopher team."
About Lottoland
Since
launching in 2013, Lottoland has grown rapidly to become a world leader
in the online lottery sector outside of the U.S. Innovation, coupled
with the freedom to offer players a unique and enhanced lottery
experience, has been key to the company's success. Lottoland boasts a
range of exciting options that set it apart from the competition. By
using an insurance-backed business model, Lottoland can offer features
such as DoubleJackpot, allowing players to double their jackpot winnings
on any lottery. Players are able to bet on the outcomes of the biggest
lotteries from around the world, with mega jackpots available seven days
a week. Major draws available with Lottoland include the EuroMillions,
EuroJackpot and America's PowerBall and Mega Millions lotteries.
The Gibraltar-based
business is active in 12 markets, has over 270 employees, more than 5.5
million customers worldwide and achieved revenues in the region of
€300m in 2016. Lottoland is licensed and regulated by the Government
of Gibraltar, the UK Gambling Commission, the Republic of Ireland
National Excise License Office and the Northern Territory's Racing
Commission in Australia.
About LottoGopher
LottoGopher
is a lottery messenger service that allows users to easily order and
manage their state lottery tickets online using a debit or credit card.
By allowing individuals to choose their numbers and safely order tickets
for the official lottery drawings in California, LottoGopher makes it
simple for users to keep track of their tickets and winnings. With
LottoGopher, individuals can either play alone with a single ticket or
create and join online public and private groups to pool winnings from
California lotteries, including Mega Millions, Powerball and SuperLotto
Plus. LottoGopher offers memberships that allow California residents to
order multiple tickets from various lotteries. LottoGopher also enables
users to stay up to date on the latest drawings, track their tickets and
collect winnings. Members have exclusive access to expert player
strategies, jackpot alerts, lottery news, lucky number pickers and
winners' financial resources.
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