Lottery Operator Investment Opportunity in Vilnius, Lithuania
Operator of a digital lottery platform from Lithuania is looking for an investor.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 113 thousand |
| Run Rate Sales | USD 2.04 million |
| EBITDA Margin | 22 % |
| Industries | Lottery Operators |
| Locations | Vilnius |
| Local Time | 5:23 PM Europe / Vilnius |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.9 million
for
50.0%
stake
(Native Currency: EUR 1,690,000)
Reason: We require funds to set up an IT infrastructure for international use, advertising, and full company...
View More
Includes physical assets worth
USD
400 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Pitch
(1.9 MB)
Advertising Metrics
(188.4 KB)
Player Statistics
(80.0 KB)
Lottery Market in Lithuania
(83.5 KB)
Company Logo
(73.4 KB)
Domain-Verification.pdf
(213.3 KB)
Advertising on Facebook
(1.4 MB)
Business Overview
- We are a company that has designed and operates a paperless digital lottery platform.
- We currently have IT software rights that are only for Lithuanian use.
- Currently we are developing platform for international use.
- Had launched the Lithuanian version of our platform but have rolled back as we plan to relaunch a platform that is multi-lingual and capable of transacting in multiple currencies.
- Currently, our platform is under reconstruction and will relaunch in 6 countries within this year.
- On registration, each player will have a 'players account' which they shall 'top-up' with the amount they wish to spend on lottery tickets.
- Minimum ticket price of EUR 2 implies they must have at least EUR 2 in 'players account' at all times to purchase a single ticket.
- Our platform also gives an opportunity for players to win jackpots in every lottery draw.
- Current sales figures are for 3,000 Lithuanian players who signed up on our platform.
- Our lottery is completely digital, we do not have paper tickets and our lottery services can be accessed via a desktop, tablet, or any Android/iOS-enabled mobile device.
- We currently have IT software rights that are only for Lithuanian use.
- Currently we are developing platform for international use.
- Had launched the Lithuanian version of our platform but have rolled back as we plan to relaunch a platform that is multi-lingual and capable of transacting in multiple currencies.
- Currently, our platform is under reconstruction and will relaunch in 6 countries within this year.
- On registration, each player will have a 'players account' which they shall 'top-up' with the amount they wish to spend on lottery tickets.
- Minimum ticket price of EUR 2 implies they must have at least EUR 2 in 'players account' at all times to purchase a single ticket.
- Our platform also gives an opportunity for players to win jackpots in every lottery draw.
- Current sales figures are for 3,000 Lithuanian players who signed up on our platform.
- Our lottery is completely digital, we do not have paper tickets and our lottery services can be accessed via a desktop, tablet, or any Android/iOS-enabled mobile device.
Products & Services Overview
International, fully mobile online lottery with a constant win in each draw.
Assets Overview
Mobile application for Android and iOS, website and domain, source code for our platform created for the Lithuanian market.
Facilities Overview
Rented office space of 170 sq. m in Vilnius at a rent of EUR 1,200 per month.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysMentor, Advisor, Angel Investor, Fintech, Chandigarh, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Development Director, IT Services, Bellevue, Corporate Investor / Buyer connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
15 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses