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Investor Newsletter

USA
Texas

Turnover

US$8 billion

Potential retailers

12,823

Total Potential lanes

59,807

Manned lanes

53,073

Self-serv lanes

6,734

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The following button takes you to the Costco Information Sheet covering the solution that we are putting into market.

We have been working hard on the integration into the IGT back-end gaming systems of the Texas Lottery over the last few months and testing has now started.

 

Unfortunately, we are still awaiting a launch date timeline from our lead retailer Costco, which has been delayed due to other IT priorities around the pandemic. However, this has not stopped both Abacus and IGT seeking auditor’s approval of the solution from the Powerball governing body MUSL. We are in the final stages of reaching approval. There is still a chance it could go live this year, although it looks more likely to be Q1 next year as the weeks pass. Although this is disappointing all parties are still committed to get the solution into the market.

 

We have also been talking with other retailers in the State of Texas including Brookshires and Brookshire Brothers, two chains with more than 270 store outlets between them. We expect more news on these two outlets later this year.

Abacus Solutions International Group

www.lotteryeverywhere.com

For more insights, please contact Abacus at info@lotteryeverywhere.com

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