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
- Industry
- Media & Entertainment
- Location
- Nigeria
- Transaction Type
- Buyout
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