FSB adds Lottoland’s lottery game portfolio
FSB is to offer Lottoland’s full portfolio of lottery games after signing up for the operator’s turnkey B2B lottery betting service.
FSB, which provides its platform services to more than 20 operators, will integrate Lottoland’s instant win and jackpot lottery betting game client alongside its existing sportsbook and casino offering.
Lottoland Solutions’ B2B service allows customers of partner operators to bet on the world’s leading lotteries, including PowerBall, MegaMillions, EuroMillions and EuroJackpot, and underwrites any pay-outs through its proprietary risk management.
Richard Thorp, FSB’s business development director, said the addition of lottery games offering big pay-outs will give its partners an advantage over rivals.
“As the market evolves, it’s becoming increasingly critical to harness the ability to offer huge jackpots which enhance the playability of our games suite, and this partnership with Lottoland secures that future,” said Thorp. “Our platform is raising the bar for engaging product portfolios, driving the sector forward via creative features for online, mobile and retail. Needless to say, Lottoland’s games are a natural fit.
“We’re committed to providing the very best quick-strike games that entertain and engage players, and Lottoland’s flexibility and ramping jackpot limits set them apart in our book.”
Kindred Group became the first operator to integrate Lottoland’s turnkey B2B lottery betting service in June 2017.
Lottoland offers betting games on more than 30 lotteries from around the world and has paid out more than €1bn in prizes since it was founded in 2013. Last year, Lottoland made the Guinness Book of World Records for the largest ever online gambling pay-out after a German customer scooped €90m on a Eurojackpot game.
Lottoland has been under increasing regulatory pressure of late with bet-on-lottery games made illegal in Australia last year. There are also concerns over its future in Germany after a court ruled in October 2018 that an unidentified online lottery betting operator – not Lottoland – had no legal right to operate in the country in response to a case brought by state lottery operator Lotto Rhineland-Pfalz.
Michael Bogie, director at Lottoland Solutions, added: “As the world leaders in the online bet-on-lotteries, it’s important to partner with platforms whose elasticity and scope match our own ambitions, delivering our ever-expanding array of jackpot and instant-win games to the broadest audience.
“FSB’s pioneering software performs across all channels, as their track record attests, so it’s great to be working with them.”
Earlier this month Lottoland had a cash offer of up to €76m for Zeal Network’s core German business rejected.