Lottotech, a new lottery platform provider, has officially entered into the online lottery market.

Established in 2013 by a group of individuals boasting a background in online gaming, the company said that its main goal would be to "develop innovative and creative tools which will make lotteries accessible for anyone, anywhere, on any device".

The firm, which is headquartered in Bulgaria and has a representative in Israel, can provide a platform to allow anyone to purchase online lottery tickets for various national lottery games around the world, regardless of their location.

Lottotech said its new platform is also the first to offer simultaneously two different models of ticket purchasing in the form insurance and ticket scan.

In addition to providing access to more than 23 official lotteries around the world, Lottotech will offer a variety of games and exclusive features for operators in the online lottery sector.

"Lottotech offers a complete turnkey solution on the online lottery arena thus provides its clients with the necessary tools to stand out from the crowd and increase their revenues," the company said.

The first client of Lottotech is due to launch in November under the name LottoPlace.

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