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iGaming.News
AffiliateThursday, 20 March 2025 · 10:33am GMT · 2 min read

Lottery.com Completes £1.2M Acquisition of Spektrum to Drive Global Expansion

With this acquisition, Lottery.com gains greater technological control and regulatory compliance in key regions, setting the stage for expansion into Europe, Africa, and Asia in the coming months.

BWBeth WoodsEditorial Team
Lottery.com Completes £1.2M Acquisition of Spektrum to Drive Global Expansion

Lottery.com has finalised its £1.2 million stock acquisition of Spektrum from PlusEvo, a strategic move to accelerate its international growth. The deal, completed on 13 March 2025, strengthens the company’s Lottery.com International division, leveraging Spektrum’s platform to expand lottery, sweepstakes, and social gaming operations across multiple jurisdictions.

With this acquisition, Lottery.com gains greater technological control and regulatory compliance in key regions, setting the stage for expansion into Europe, Africa, and Asia in the coming months.

“This deal strengthens our ability to scale globally while supporting the relaunch of Lottery.com’s ticket sales operations,” said Chairman and CEO Matthew McGahan. “Owning our proprietary technology is a crucial step in our long-term strategy.”

The acquisition follows a series of corporate developments, including the approval of key financial and governance measures at a recent shareholder meeting. Notably, the company rejected a reverse stock split despite shareholder backing.

Lottery.com’s international ambitions are further bolstered by an £14 million investment from Prosperity Investment Management in late 2023, earmarked for acquisitions and market expansion. With Spektrum now in its portfolio, the company is poised for a new era of global lottery innovation.

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