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SOFTSWISS has unveiled new software developed in partnership with Turfsport, enabling iGaming operators to offer users a wide range of lottery number betting options.
SOFTSWISS, a leading provider of technology solutions for the iGaming industry, announced the launch of Lotto Software, a new lottery product. This solution enables operators to allow players to bet on lottery numbers independently of traditional lottery organizers.
According to Statista, the global online lottery market is projected to exceed $16.94 billion in 2024 and reach $22.15 billion by 2029. The number of online lottery users is expected to grow to 42.5 million within five years.
SOFTSWISS Lotto Software can handle up to 80 bets per second and process up to 3,333 bet results per second, offering access to more than 300 popular lottery draws worldwide. The solution integrates seamlessly into existing iGaming ecosystems and supports connections to external wallets.
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Accessing Lotto Software requires only a web browser, simplifying system access and management. The software is optimized for both desktop and mobile devices. It offers a variety of bet types, including number bets, sum bets, position bets, color bets, odd/even bets, and unique jackpot-style draws. This versatility allows iGaming operators to create a diverse range of lottery products available on online platforms and in offline betting shops.
The software ensures the independence of results through an internal lottery data source, which enhances result accuracy and prevents fraud via dual-source validation and web scraping technologies.
Max Trafimovich, Chief Commercial Officer at SOFTSWISS, stated that the new product addresses the growing demand for betting diversity in the iGaming industry. He believes that Lotto Software can serve as a powerful growth tool for operators. Trafimovich also emphasized that the solution is designed to modernize the lottery industry.
SOFTSWISS Lotto Software was developed in partnership with Turfsport, a leading provider of technical betting solutions in South Africa. SOFTSWISS acquired a majority stake in Turfsport earlier this year as part of its strategy to expand its international presence.
SOFTSWISS Introduces Innovative Lottery Solution published on CoinsPaid Media.
