Austin, Texas—leading online lottery platform provider Lottery.com has signed an engagement letter with Ritzio International, which will see the expansion of Lottery.com’s business into regulated markets in Europe.
Ritzio is a leading gaming brand known for its outstanding customer service, leadership, and profitable strategy. Its gaming venues are mostly small and medium-sized properties found in urban areas all over Europe. Their well-built gaming network provides visitors with flexible access to a growing portfolio of entertainment services, gaming venues, and strict quality and safety standards.
Europe’s gambling market is estimated to be at approximately €23 billion or $27.4 billion.
“This partnership is an important inroad as we expand our overseas operations and offer our products to new markets,” Tony DiMatteo, Lottery.com CEO, said.
“Ritzio’s established presence and experience in the gaming industry is phenomenal and aligns well with our growth strategy,” he added.
This deal highlights Lottery.com’s recent efforts to expand its international presence, with Ritzio operating over 150 gaming halls across its Romania, Germania and Belarus divisions, exceeding 3,800 gaming terminals and €90 million ($107 million) in annual revenue. Ritzio boasts of over 15 years’ experience in this market.