LottoGopher Holdings Inc. Commences Trading

May 23, 2017 8:00 AM EDT | Source: LottoGopher Holdings Inc.

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2017) - LottoGopher Holdings Inc. (CSE: LOTO) ("LottoGopher" or the "Company") is the first and only website operating compliantly in the U.S. where lottery players in California can legally order online Powerball, Mega Millions and SuperLotto Plus tickets. California is the second leading state for lottery sales in the U.S., with a population of approximately 39 million people. Members order and pay for tickets with a credit or debit card, and manage their tickets on an innovative online platform, saving time and hassle. Winnings are credited to member accounts, or for large prizes, paid out directly by the state lottery to the winner.

James Morel, founder and CEO of LottoGopher commented: "We offer the first secure way to order your lottery tickets online for the three biggest lotteries in the state of California. It was a long journey to get to where we are today, and I'm extremely proud of our entire team. We're now financed and prepared to invest heavily in marketing LottoGopher in the U.S. Partnering with Lottoland, Europe's leading online lottery company, has been integral for strengthening the business' structure and growth paradigm. We've made improvements to the front and back end of the site with their consultation and guidance. The plan is to expand into other lottery states to increase our membership base substantially to address the more than $70 billion lottery market in the U.S."

Strategic Partnership

Lottoland is a European online lottery company that was recently named the leading lotto company in Europe by the Financial Times FT1000 report. Lottoland has 5.5 million customers worldwide, 270 employees and revenues of approximately €300 million (USD$327 million) for 2016. Mr. Lloyd Lemmon, General Counsel and Group Company Secretary for Lottoland and former Head of Legal for TD Waterhouse (part of the Toronto Dominion Bank), has been appointed to the Board of Directors for LottoGopher.

Lloyd Lemmon of Lottoland commented: "Lottoland's success in the overseas markets for online lottery has shown the world where the next generation of lottery players are heading: online. The United States is an enormous market with unique challenges and opportunities. With LottoGopher's compliant business structure, it was a logical step for us to partner with them. We're looking forward to lending our years of expertise in online lottery to the LottoGopher team."

About Lottoland

Since launching in 2013, Lottoland has grown rapidly to become a world leader in the online lottery sector outside of the U.S.  Innovation, coupled with the freedom to offer players a unique and enhanced lottery experience, has been key to the company's success. Lottoland boasts a range of exciting options that set it apart from the competition.  By using an insurance-backed business model, Lottoland can offer features such as DoubleJackpot, allowing players to double their jackpot winnings on any lottery. Players are able to bet on the outcomes of the biggest lotteries from around the world, with mega jackpots available seven days a week. Major draws available with Lottoland include the EuroMillions, EuroJackpot and America's PowerBall and Mega Millions lotteries.

The Gibraltar-based business is active in 12 markets, has over 270 employees, more than 5.5 million customers worldwide and achieved revenues in the region of €300m in 2016. Lottoland is licensed and regulated by the Government of Gibraltar, the UK Gambling Commission, the Republic of Ireland National Excise License Office and the Northern Territory's Racing Commission in Australia.

About LottoGopher

LottoGopher is a lottery messenger service that allows users to easily order and manage their state lottery tickets online using a debit or credit card. By allowing individuals to choose their numbers and safely order tickets for the official lottery drawings in California, LottoGopher makes it simple for users to keep track of their tickets and winnings. With LottoGopher, individuals can either play alone with a single ticket or create and join online public and private groups to pool winnings from California lotteries, including Mega Millions, Powerball and SuperLotto Plus. LottoGopher offers memberships that allow California residents to order multiple tickets from various lotteries. LottoGopher also enables users to stay up to date on the latest drawings, track their tickets and collect winnings. Members have exclusive access to expert player strategies, jackpot alerts, lottery news, lucky number pickers and winners' financial resources.

On behalf of the Board of LottoGopher Holdings Inc.

"James Morel"

President, CEO & Director

For more information, visit LottoGopher.com, like LottoGopher on Facebook and follow on Instagram, Twitter and LinkedIn. For Investor Information, please visit LottoGopher.com/investor

Contact Us

Investor Inquiries
Erin Ostrom,
Investor Relations
erin@lottogopher.com
888-656-8864

Media Inquires
Lacy Gallagher,
Blast PR

lacy@blastpr.com
252-467-5220

Corporate Office
3807 Wilshire Blvd.
Suite 705
Los Angeles CA, USA
90010

Forward-Looking Statement

This new release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation, including statements in respect of the Company's listing on the Canadian Securities Exchange. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. This prospectus uses words such as "may", "would", "could", "will", "likely", "except", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate", "outlook", and other similar expressions to identify forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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