SOFTSWISS unveiled new software, developed in partnership with Turfsport, that enables iGaming operators to offer users a wide range of lottery number betting options.
SOFTSWISS, a leading provider of tech solutions for the iGaming industry, announced the launch of Lotto Software, a new lottery software product. The new product will enable operators to offer players the ability to bet on lottery numbers independently of traditional lottery organizers.
According to Statista, the global online lottery market could exceed $16.94 billion in 2024 and reach $22.15 billion by 2029, with the number of online lottery users expected to grow to 42.5 million in five years.
The SOFTSWISS Lotto Software handles up to 80 bets per second and processes up to 3,333 bet results per second, offering more than 300 popular lottery draws worldwide. The solution integrates seamlessly into existing iGaming ecosystems and can connect to external wallets.
Only a web browser is required to access Lotto Software, simplifying system access and management. The software is optimized for both desktop and mobile devices. The SOFTSWISS Lotto Software offers a variety of bet types, including numbers, sum, positions, colors, odd/even betting, and unique jackpot-type draws. This approach allows iGaming operators to create a range of lottery products available on online platforms and in offline betting shops.
The software also guarantees the independence of results thanks to the internal lottery data source, which increases the accuracy of results and prevents fraud through dual-source validation and web scraping technologies.
Max Trafimovich, CCO at SOFTSWISS, said the new product meets the growing demand for betting diversity in the iGaming industry. He believes that Lotto Software can be a powerful growth tool for some operators. Trafimovich also emphasized that the solution is designed to modernize the lottery industry.
The SOFTSWISS Lotto Software was developed in partnership with Turfsport, a leading provider of technical betting solutions in South Africa, in which SOFTSWISS acquired a majority stake earlier this year as part of its strategy to expand its international presence.
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