B2B tech provider SOFTSWISS has gone live with its latest Lotto Software tool for corporate customers.
The solution is being jointly launched with Turfsport, a South African software provider which was recently acquired by SOFTSWISS.
Lotto Software aims to provide customers with a bigger choice of lottery number betting options, independent of traditional lottery organisers.
Already available in South Africa, the solution is marketed as being able to handle up to 80 bets per second, with a processing power of 3,333 bet results for the same amount of time.
Integration can be done through existing igaming and retail ecosystems, with plug-and-play accessibility and external wallet connections. Only a web browser is required to access and manage the back office of the new software.
Some of its features include optimisation for both desktop and mobile devices, together with automated scheduling and result processing.
Max Trafimovich, Chief Commercial Officer at SOFTSWISS, stated: “We present a product that not only meets the growing demand for diverse and engaging betting options but also equips our clients with an effective tool to grow their businesses.
“With this new solution, operators can now offer their players a unique, reliable and enjoyable experience. The SOFTSWISS Lotto Software is a game-changer for the lottery betting industry.”
Data from Statista quoted by SOFTSWISS indicates that the online lottery market will reach more than €15.7bn in revenue by the end of 2024, rising to €20.7bn in 2029 with a compound annual growth rate of 5.75%.