MyLotto24, a UK company offering online bets on foreign lotteries, has closed a EUR70.5mn jackpot win-triggered bond with a handful of ILS investors, in a move that diversifies the sector from traditional insurance products.
MyLotto24, a UK company offering online bets on foreign lotteries, has closed a EUR70.5mn jackpot win-triggered bond with a handful of ILS investors, in a move that diversifies the sector from traditional insurance products.