RHCO agrees to acquire 80% of Nigeria’s Morrich Lottery
Readen Holding Corporation (RHCO) signed a definitive agreement to acquire an 80% controlling stake in Nigerian lottery operator Morrich Lottery Limited. RHCO said the stake gives it access to licences covering lottery, sports betting and casino operations; completion details were not stated.
The proposed acquisition would give RHCO control of a licensed Nigerian operator with lottery, sports betting and casino licences.