Spinola Gaming, the world’s leading lottery software provider announces US lottery operators and software solution providers have started discussions to utilise Spinola Gaming’s Connex: Lottery Management System, and its portfolio of games to upgrade their platforms for the new digital age.
Players across the United States will soon be able to play 70+ of the biggest lottery games from across the world, plus a portfolio of digitized scratch cards and instant games via our new US partners. The company’s Lottery Management System, Connex was also a key factor behind many US iGaming B2B Providers’ and operators’ interests during the discussions.
These discussions started due to the recent situation within the lottery space, where retail lottery operators were forced to shut down because of the Covid-19 situation, with states still not holding an online lottery management system to cater for their audience’s needs it was a question of adapt to the situation, or find other means of operations. As MarketWatch says, “The market is driven by the integration of Lottery systems, increasing demand for high productivity and reduced turnaround time among end-users, and significant adoption of Lottery in education and training. In addition, integration of Lottery systems is anticipated to boost the growth of the market as well.” More information can be found here.
And this isn’t just present in the US, but also in all of North America. Atlantic Lottery achieved record-breaking digital sales during the Covid-19 pandemic. The lottery operator’s platform increased by more than 500% over the same period in the prior year, while gross gaming revenue also saw a record-breaking 200% year-over-year increase, further expressing the argument that online lottery operators are surging. More information to be found here.
The potential within this US is substantial, with states opening online gaming possibilities for casinos and sportsbooks, the time to integrate lotteries on their product suite is now. Solid forecasts show that the lottery industry is set to grow by 50% over the next 5 years, not just in emerging markets, but also in developed countries such as the states.
Thomas Mahoney, COO of Spinola Gaming said that, “The growing interest in the US for online lottery management systems and global lottery access, with operators and lottery entities getting in touch with a platform like ourselves shows that online lottery games are now a product their end-users need.” Mahoney followed on by saying that, “We expected to see a strong level of growth during this period, although we didn’t expect to see this amount of interest. We are always looking to improve our platform for our clients in any way we can, and we continue to listen for feedback from our current clients in order to do so.”
Back in 2020, Spinola Gaming had already started developing foundations in continents like LatAm and Asia.