Lottery.com has announced a partnership with Ritzio to support its expansion plans in European markets. Ritzio operates over 150 gaming halls in Germany, Romania, and Belarus, generating annual revenue of approximately €90.0m.
Lottery.com CEO, Tony DiMatteo, expressed the importance of this partnership in expanding overseas operations and entering new markets. He also highlighted Ritzio’s extensive experience and established presence in the gaming industry, aligning well with Lottery.com’s growth strategy.
The partnership follows Lottery.com’s plans to go public on the Nasdaq exchange through a merger with Trident Acquisition Group, a special purpose acquisition company (SPAC). AutoLotto, the owner of Lottery.com, and Trident had previously signed a binding letter of intent to acquire the broker.
In addition, Lottery.com announced its entry into the Ukrainian market in February and launched its online and mobile lottery offering in Colorado in January.
