Leading online lottery platform Lottery.com continues its international expansion with the signing of a Memorandum of Understanding (MOU) with MSL, a Ukrainian state lottery operator. Under the MoU, the platform provider will offer select Lottery.com products in the Ukraine.
This announcement comes after the company confirmed its intent to sign a definitive agreement for a business partnership with Trident Acquisitions Corp. by mid-February 2021. Select products from Lottery.com will be available both physically and electronically, once approved by the Ukrainian legislation, and will be in accordance with current and upcoming compliance requirements of the country’s lottery legislations.
Apart from being a member of the European Association of State Lotteries, MSL is also Eastern Europe’s largest state lottery operator. This agreement will make it the exclusive distributor of select Lottery.com products in Ukraine.
“MSL is an expert and leader in the lottery space in Ukraine. We are grateful to be partnered with such an established powerhouse in the lottery and gaming industry and very excited to expand into the Eastern European market,” Tony DiMatteo, Chief executive officer at Lottery.com, said.