May 22, 2013 7:33 PM ET

Hotels, Restaurants and Leisure

Company Overview of Sorteo Games, Inc.

Company Overview

Sorteo Games, Inc. operates lottery systems and distribution channels in the Americas. It offers systems for the creation and distribution of products for national and state lotteries; systems to deploy and operate wireless keno and sports betting games for regulated gaming brands and federal institutions; and systems to deploy new national lottery electronic games, including video lottery terminals at commercial locations. The company’s products include lottery agent terminals and operational systems; telecommunication carrier integrated systems for the creation and operation of electronic server-based wireless and Web gaming products; and a multimedia content publishing platform for instit...

Detailed Description

3978 Sorrento Valley Boulevard

Suite 100

San Diego, CA 92121

United States

Founded in 2002

Phone:

858-554-0297

Fax:

858-554-0294

www.digitalorchid.com

Key Executives for Sorteo Games, Inc.

Chief Executive Officer and President
Age: 55
Chairman and Advisor
Age: 62
Co-founder and Director
Co-founder and Chief Operating Officer
Interim Chief Financial Officer
Compensation as of Fiscal Year 2012.

Sorteo Games, Inc. Key Developments

Sorteo Games and Jumbo Interactive Signs Investment and Partnership Agreement

Sorteo Games, Inc. announced that it has received a USD 2 million investment from Jumbo Interactive Ltd. and signed an exclusive long-term agreement enabling Jumbo to sell Mexican National Lottery draws in Mexico via the internet and mobile. Under the terms of the agreement, Jumbo will integrate its technology with Sorteo Games' distribution platform and become an official internet and mobile retailer of the lottery products that Sorteo Games offers from Loter a Nacional and Pron sticos. The sale of tickets via the internet and mobile will be fully-integrated with Sorteo's proprietary technology platform, the Digital Orchid(TM) Lottery Gaming Platform, which is the integration platform for all National Lottery products and distributors in Mexico. This platform enables the rapid creation of new products and opens new electronic distribution channels.

Sorteo Games, Inc. and Intralot SA Sign Five-Year Agreement in Mexico

Sorteo Games, Inc. and Intralot SA announced a five-year agreement to roll-out innovative gaming products for Loter a Nacional, the National Lottery of Mexico. INTRALOT has already established a strong presence in Latin America and the Caribbean and this agreement marks its entry into the Mexican market. The first gaming product to be deployed is INTRALOT's KENO game. With visually attractive draws in Points of Sale TV screens, Keno is a quick, entertaining and game. Under the terms of the agreement, INTRALOT will provide its technology platform, terminals and operational services to enable the implementation of KENO and, subsequently, new online games. The games will be offered through INTRALOT's LOTOS(TM) O/S Gaming platform fully integrated for Sorteo Games, which has from the National Lottery the required lottery contracts and licenses, for distribution channels and retail venues. In addition, Sorteo will be able to use the KENO terminals to cross-sell its other National Lottery games.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 10, 2013
--
Private Placement
November 30, 2012
--
Private Placement
July 17, 2012
--
 

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