SOFTSWISS unveils brand-new Lotto Software solution

The gambling software development company offering one-stop-shop iGaming software solutions and services, supercharging sportsbooks and online casinos across the globe, SOFTSWISS, expanded its offering with the addition of a new product.

Earlier this week, SOFTSWISS, in collaboration with Turfsport, revealed Lotto Software, an innovative solution that is expected to benefit gambling operators around the world.

Recognized as a leading South African software provider, Turfsport was recently acquired by SOFTSWISS.

Lotto Software is an innovative solution

According to a statement released by SOFTSWISS, Lotto Software "provides customizable betting options and high transaction volumes – it can handle up to 80 bets per second and process 3,333 bet results per second."

The innovative solution was developed with global reach in mind, considering it supports more than 300 lottery draws across the globe.

Thanks to the Lotto Software, gambling operators can offer a wide range of lottery number betting options that are separate from traditional lotteries.

Similar to other products from SOFTSWISS, the solution is integrated easily and can power retail and iGaming ecosystems.

Thanks to its plug-and-play capability, casino operators and betting providers benefit from seamless access without the requirement for additional software.

SOFTSWISS explained that Lotto Software is easily managed through a web browser and operators can also benefit from external wallet connections.

The innovative software solution is optimized for mobile and desktop devices.

As explained by SOFTSWISS, "Lotto Software offers an intuitive and seamless betting experience, enabling players to place custom or 'quick pick' bets on current or future draws."

In addition, the solution offers features that help with result processing and automated scheduling. Ultimately, the convenience of those features helps streamline the whole process not only for the players but for the providers too.

The brand-new Lotto Software product comes after earlier this summer, the company released its first mobile sportsbook app, SOFTSWISS Sportsbook.

The solution is expected to bring long-term benefits

Max Trafimovich, SOFTSWISS' Chief Commercial Officer, shared his excitement about the recently released software product.

"We present a product that not only meets the growing demand for diverse and engaging betting options but also equips our clients with an effective tool to grow their businesses," he explained.

Finally, Trafimovich pointed out: "With this new solution, operators can now offer their players a unique, reliable, and enjoyable experience. The SOFTSWISS Lotto Software is a game-changer for the lottery betting industry."

This year, the online lottery market is expected to generate more than €15.7b in revenue.

Considering a compound annual growth rate (CAGR) of 5.75% expected over the next five years, the market is likely to continue to flourish, surpassing €20.76bn in 2029.

In that context, SOFTSWISS' push to expand in this vertical doesn't come as a surprise and is expected to benefit the company in the long term.

Image credit: SOFTSWISS