Share price: Rs 7:44
Sat 19th September 2020
Lottotech Ltd, incorporated on 8 April 2008, is the operator of the national lottery and gaming activities in Mauritius under the Gambling Regulatory Authority (GRA). The Company adopts the Responsible Gaming Framework implemented by the World Lottery Association (WLA) in its operations. Currently Lottotech offers the lotto game, which has one weekly draw. The participation rate of Lotto in Mauritius approximates to +70% with the presence of over 700 terminals.
Lottotech was listed in June 2014, issuing 85 million ordinary shares to the general public at a nominal value of MUR 10 through the Stock Exchange of Mauritius.
Lottotech has growth opportunities in ‘Core Lottery Business’ both on local and international grounds. Lottotech is aiming to enhance its market position in the gaming industry in Mauritius through development of strategic partnerships. The company believes that sophisticating its gaming platform with technology applications will gear towards its business development.
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