The Malta Gaming Authority (MGA) has awarded the first B2B Class 4 platform license to Lotto Warehouse enabling the provider to host and manage betting on the outcome of lotteries.
Lotto Warehouse, founded late 2016, offers B2C operators secondary lottery betting products which either run on a standard betting platform or through a custom-designed portfolio.
“We are very excited to be able to offer licensed B2C operators the chance to add an exciting new lottery betting vertical to their platforms,” Thomas Biro, chief executive officer of Lotto Warehouse, commented in a press statement.
“The Malta Gaming Authority is pleased to be issuing its first B2B licence to offer secondary lotteries to Lotto Warehouse, following the completion of a rigorous licensing process,” Joseph Cuschieri, chairman of the MGA added. “Throughout this process, Lotto Warehouse proved to be a very serious operator, with extensive industry knowledge.”
On launch, Lottowarehouse.com will initially offer eleven different international lottery products.