International Lottery Systems (ILTS)

international lottery

The International Lottery in Liechtenstein Foundation is a state-run organization that operates internet lotteries. It introduced the first instant scratchcard games on the Internet in 1995. Winnings are not taxed in Liechtenstein.

This company is a leading player in the international lottery market. They have a proprietary central system software application that controls the overall operation of the lottery. ILTS has a number of patents, including five in the United States, and a trademark pending. ILTS also has proposals for contracts to supply software, components, and terminals.

Some of the companies ILTS competes with are Scientific Games, Gtech Holdings Corporation, Essnet, and International Game Technology. Their products include computerized wagering systems and facilities management services.

ILTS’s operations are divided between the United States and Australia. They operate in Carlsbad, CA, and provide services to on-line lotteries.

ILTS maintains a close relationship with officials in the horse racing industry. ILTS also values technical expertise and creative skills of their personnel. However, the company relies on other security measures to protect its customers.

Scams targeting lottery consumers are a serious concern. Many people lose up to $120 million per year to lottery scams.

A scam will often involve the victim providing personal information, such as a bank account number or credit card number. Scam operators will then ask the victim to send money by wire transfer. If the victim does not purchase the tickets promised, the scammer will keep the proceeds for themselves.