HeadsUp Entertainment wraps up deal with LotteryHub
The company will provide LotteryHub access to more than 120 million customers.
HeadsUp Entertainment International Inc. has concluded its transaction with LotteryHub for its platform, which has serviced more than four million American users. The company has been focused in forming global partnerships that will aid in LotteryHub’s national and global expansion.
HeadsUp President and CEO Doug Wilson said: “Access for global lottery operators utilize software such as LotteryHub is huge for all of our partners and in times of recession and tough economic conditions, the lottery and gaming sectors see unprecedent growth in market size and the ability for the HeadsUp line of products and services fast tracks the path to massive revenues.”
In addition to closing its deal with LotteryHub, HeadsUp has also formed partnerships Peru, Brazil, Mexico, Eastern Europe and Eastern Africa. The company has plans through these deals to give LotteryHub access to an international customer base of more than 120 million users.
HeadsUp Chief Business Development Officer Mark Hutchinson commented: “My decades of working in the lottery business have come to an incredible moment where new regulatory opportunities, technology and a global network of business relationship are converging to position HeadsUp to aggressively acquire strategic assets, close sales and distribution agreements and make a substantial amount of money in the business.
“When the market realizes what we have built, I believe this company will experience massive growth that will translate into enhanced shareholder value that I am very proud to help create along with this exceptional management team. This is a perfect example of the right people, with the right products at the right time.”
HeadsUp was founded in 2008. Since opening, the company’s focus has been on the gaming sector and taking steps to gain license approval in jurisdictions that offer regulated sports betting and iGaming.
The company has launched several revenue platforms in both the US and Canadian commercial markets. Its platforms are now available in six US states as well as the Canadian province of Ontario.
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