iGaming platform provider and turnkey operator CashBet has clinched a deal with Lottery.com in which its B2B iGaming platform will power Lottery.com’s social impact raffles.
Lottery.com intends using the platform to power large-scale international raffles which it anticipates will raise significant funds for charities and humanitarian efforts around the world.
Central to the agreement, Lottery.com will integrate CashBet Coin, CashBet’s proprietary iGaming cryptocurrency, as a payment method across its sites and apps.
“It is always our goal at Lottery.com to advance the industry while maintaining the integrity of the ecosystem as a whole,” Tony DiMatteo, CEO of Lottery.com, said. ”At the same time, payment processing is changing, and consumers are embracing the convenience of digital lotteries.
“Our ultimate vision is to create a global platform for lottery, social impact raffles, and other games of chance. With CashBet Coin, we’ll be able to further improve the lottery experience for our customers via instant payouts, transparency, and flexibility, while we move towards international expansion.”