Lottery.com has entered into a binding agreement to acquire Mexican lottery companies JuegaLotto and Aganar.
JuegaLotto is federally licensed to sell international lottery games in Mexico through an authorized federal gaming portal and is licensed for games of chance in other countries throughout Latin America. Aganar is licensed to sell Mexican National Lottery draw games, instant win tickets, and other games of chance online with access to a federally approved online casino and sportsbook gaming license. The closing of the acquisitions is subject to standard closing conditions.
“These acquisitions will mean significant inroads for Lottery.com throughout Mexico and Latin America as we expand our international operations, expand our portfolio of products, and expose our domestic products to new markets. Their combined established presence and experience in the gaming industry further enhances our vision of being the premier global marketplace for games of chance,” Tony DiMatteo, CEO of Lottery.com, said.
“The combination of our experience, our products, and gaming licenses in Mexico and Latin American in union with the impeccable brand of Lottery.com is an obvious win and we are ecstatic to grow together in the region. Mexico, recently regulating this market, is among the most important markets in Latin America and we are looking forward to being a part of Lottery.com’s ongoing vision, international expansion, and execution,” Luis Carlos Leal, CEO of JuegaLotto, said.
“The focus on growth and bringing additional companies and distribution partners into the fold is a key driver for Lottery.com, and I am confident that our platform, and my experience in the lottery industry, will accelerate this momentum even further,” Nour-Dean Anakar, representative of Aganar, said.