Key Moments:
- The Dutch Lottery has finalized its full acquisition of Lotify, a platform specializing in organizing fundraising lotteries and competitions.
- Lotify has provided services for sports associations, clubs, charities, events, and businesses, offering a turnkey solution that satisfies all regulatory requirements.
- Since 2021, the Dutch Lottery has held a majority stake in Lotify prior to this complete integration.
Acquisition Overview
The Dutch Lottery (Nederlandse Loterij) has completed the full purchase of Lotify, further enhancing its role as a provider of innovative and responsible games of chance. Lotify’s operations cater to a diverse range of organizations, including sports associations, clubs, charitable causes, events, and businesses, by facilitating the organization of fundraising lotteries and competitions.
Services and Compliance
Lotify’s platform covers every aspect required for running compliant lotteries, from managing permits and technology infrastructure to overseeing participant communication, draws, and payout processes. This comprehensive approach has positioned Lotify as a leader in regulatory compliance within the lottery and competition sector.
Leadership Remarks
Arjan Blok, CEO of the Dutch Lottery, said: “The Dutch Lottery has almost 300 years of experience organizing fun and responsible games of chance. As a fully integrated part of the Dutch Lottery, Lotify can leverage our knowledge, network, and impact even more effectively. This allows us to support even more sports federations, clubs, and charities. Especially in these times, they are looking for new ways to raise funds.”
Guy van Iperen, founder of Lotify, said: “After four years of intensive collaboration, the time has come to transfer Lotify to the Dutch Lottery. This is in line with the agreements we made in 2021, when the Dutch Lottery acquired a majority stake. I look back with pride on what we have built together and am confident that the platform will continue to grow under this new owner. This way, Lotify can help even more organizations generate additional funding.”
Transaction Timeline
| Year | Event |
|---|---|
| 2021 | Dutch Lottery acquires majority stake in Lotify |
| [No explicit year stated] | Full acquisition of Lotify completed by Dutch Lottery |
- Author
Daniel Williams
