Readen Holding Corp Acquires 80% of Morrich Lottery Limited

April 23, 2025

Readen Holding Corporation (RHCO) has acquired an 80% controlling stake in Morrich Lottery Limited, a licensed lottery operator in Nigeria, giving RHCO active licenses for lottery, sportsbook, and casino operations in the country. The deal supports RHCO's entry into the African gaming market and will integrate its Readies payment system as the fintech backbone across Morrich's platforms.

Buyers
Readen Holding Corporation
Targets
Morrich Lottery Limited
Location
Nigeria
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.