HeadsUp Entertainment closes acquisition of LotteryHub

HeadsUp Entertainment has taken full control of the LotteryHub platform as it eyes international expansion

HeadsUp Entertainment has taken full contain of the LotteryHub platform as it eyes international expansion.

LotteryHub, described by HeadsUp as a “lottery selective information platform,” currently services tetrad one thousand thousand American users, but has ambitions of expanding into new US and abroad markets.

To this end, in the conduct upwards to taking control, HeadsUp said it actively chased world(a) partnerships to spread out the LotteryHub brand.

Thus far, it has secured deals in Peru, Brazil, Mexico, Eastern Europe and Eastern Africa. These partnerships, according to HeadsUp, will present LotteryHub get at to approximately 120 jillion international customers upon the waiver of existing partnerships.

And inward terms of domestic help growth, LotteryHub is aiming to expand into online sales inward various states as regulations change. Ultimately, the firebrand wants to do as an online retail merchant and package political platform for national and state-based lotteries.

HeadsUp President and CEO Doug Harriet Wilson calculate considerable growth, both for drawing and gaming to a greater extent generally. He said: “In times of recession and toughened economical conditions, the lottery and gaming sectors see to it unprecedented growth inward market size.”

Mark Hutchinson, Chief Business Development Officer for HeadsUp, was similarly optimistic virtually the global lottery sector, as substantially as LotteryHub’s potential.

“When the market realizes what we make built, i trust this companionship will get monolithic growing that will transform into enhanced shareholder time value that I am real proud to aid make on with this exceptional direction team,” said Hutchinson.

“This is a perfect object lesson of the flop people with the correct products at the compensate time.”