Lotto Warehouse ties a partnership with Yobetit

Lotto Warehouse has entered into a partnership with sports betting operator Yobetit.

Under the deal, Malta-licensed Yobetit will be able to offer its customers the chance to bet on the outcome of major lotteries around the world.

Lotto Warehouse offer sports betting and gaming operators the opportunity to add various lottery betting products to their platforms, with higher-tier payouts protected by a jackpot coverage mode.

Lotteries on offer include ‘Powerball’ and ‘Mega Millions’ in the US, as well as the ‘EuroMillions’ and ‘EuroJackpot’ in Europe.

“The relationship with Lotto Warehouse represents a powerful opportunity for Yobetit to significantly expand our gaming offering,” Yobetit chief executive and chairman Nikolai Livori said.

“The introduction of lottery to our sportsbook is one step closer to our goal of integrating every possible gaming vertical to our brand.”

In March, Lotto Warehouse became the first gambling company to secure a B2B Class 4 platform licence to host and manage betting on the outcome of lotteries from the Malta Gaming Authority.

Lotto Warehouse also holds a licence in the UK market.

Thomas Biro, chief executive of Lotto Warehouse, added, “Lottery betting is gaming’s fastest growing vertical, providing operators with a lucrative new product and customers with the chance to win the world’s biggest jackpots.

“Our solution combines a simple API integration, that’s flexible enough to reflect the look and feel of existing platforms and requires minimal resource.”