Lottery Messenger Exclusive: LottoYard Buys out LotteryMaster

Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates' reporters have learned about a big acquisition deal in the “lottery messenger” industry, which we introduced to our readers earlier this summer. One of the first white label platform providers in the industry, LottoYard, purchased LotteryMaster.com. The company has been acquired for an undisclosed sum.

The website LotteryMaster.com has been actively working on the market since 2010, which has resulted in a rather strong brand. At the same time, according to information exclusively obtained by Forex Magnates, the firm has spent close to $5 million since launching in 2010 and possesses its own technological solution.

Aside from acquiring know-how, by being among the early entrants into the new industry four years ago, the company possesses a valuable list of clients. LottoYard has several White Labels White Labels White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye Read this Term connected to the company’s platform and its own label – IceLotto.

The firm has already started supplying B2B services to the new lottery messenger industry, with 5 active white labels and another 4 in the process of signing up by the end of the year. According to exclusive information obtained by Forex Magnates, the firm has already outsourced a second team of developers outside of Israel and now has two teams working on new technology.