Several products from Lottery.com will be available in both physical and digital form for consumers of the Ukrainian gambling market. This became possible after the signing of a Memorandum of Understanding between the two companies. All specified products will have to comply with current lottery requirements, as well as future changes in Ukrainian lottery legislation.
Tony Dimatteo, CEO of Lottery.com, comments:
“MSL is an expert and leader in the field of lotteries in Ukraine. We are grateful for the cooperation with such a reputable company in the lottery and gaming industry and are very pleased to expand into the Eastern European market."
MSL is a member of the European Association of State Lotteries and the largest operator of state lotteries in Eastern Europe. The company will receive exclusive rights to distribute certain Lottery.com products in Ukraine, a country of 45 million people and an estimated gambling market of approximately €1 billion.
Online and mobile lottery operator Lottery.com is from Texas. And recently it has been actively seeking to enter new markets. Several new deals are planned to be announced in the coming weeks.
Other lottery news: The Mega Millions lottery hits the billion dollar jackpot
World Gaming News: Colombia issues 17th online gambling license
The gambling portal gamingpost.net monitors the legalization of gambling in Ukraine. Read the latest news:
Ukraine adopts gambling premises permits issuance procedure
Ukraine is among several countries where gambling business is legalized. Who is next?