This new development allows operators to offer players a wide range of lottery number betting options independently of traditional lottery organizers.
Press release.- SOFTSWISS, together with Turfsport, a leading software provider in South Africa recently acquired by the company, presents its new solution "Lotto Software". It allows operators to offer players a wide range of lottery number betting options independently of traditional lottery organizers.
In 2024, the online lottery market is expected to generate more than EUR15.700m in revenue. Over the next five years, the market is expected to maintain this growth momentum, with a compound annual growth rate (CAGR) of 5.75 percent, reaching more than EUR20.760m by 2029.
"Lotto Software" offers customizable betting options and high transaction volumes: it can handle up to 80 bets per second and process 3,333 betting results per second. The platform is designed for global reach and supports more than 300 popular lottery draws worldwide.
The new software integrates seamlessly with existing retail and igaming ecosystems, offering plug-and-play accessibility and flawless external wallet connections. The adoption process requires no additional software installations; only a web browser is needed to access and manage the back office.
Optimized for mobile and desktop devices, "Lotto Software" provides an intuitive and smooth betting experience, allowing players to make customized or "quick pick" bets on current or future draws. The platform also features automated scheduling and result processing, streamlining the entire operation for both operators and players.
By offering a wide range of bet types, including numbers, sum, count, positions, colors, and even/odd bets, as well as jackpot-type draws, the software gives operators the flexibility to create attractive and profitable lottery products. It can also be integrated into offline betting shops and is already available in South Africa.
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Max Trafimovich, commercial director of SOFTSWISS, explained: "We introduce a product that not only meets the growing demand for diverse and attractive betting options but also equips our clients with an effective tool to grow their businesses."
"With this new solution, operators can now offer their players a unique, reliable, and enjoyable experience. 'Lotto Software' changes the game rules for the lottery betting industry," he added.
