iGaming B2B
Founded
2019-01-01
Headquarters
San Ramon, California, United States

LottoShield is a privately held B2B software company headquartered in San Ramon, California, founded in 2019. The company provides a cloud-based lottery management and loss prevention platform purpose-built for convenience stores, fuel retailers, and other businesses that sell state lottery tickets. By integrating directly with state lottery systems and point-of-sale (POS) platforms such as National Retail Solutions (NRS) and PDI Technologies, LottoShield automates inventory tracking, employee accountability, and reconciliation. The platform is trusted by thousands of retail locations across the United States and has been shown to reduce lottery-related theft by up to 95% while saving store operators hours of manual work each week. LottoShield operates with a lean team of 11–50 employees and has grown through strategic partnerships and direct state lottery integrations. The company is led by co-founders Reza Mahmoodi (CEO), Mehdi Mahmoodi, and Seb K. (CTO). Notable clients include H&S Energy and Jernigan Oil, who have reported significant operational savings. LottoShield continues to expand its integrations and recently announced a strategic collaboration with PDI Technologies in July 2025.

Detailed Review

Company History

LottoShield was founded in 2019 by Reza Mahmoodi, Mehdi Mahmoodi, and Seb K., who identified a persistent problem in the convenience store and fuel retail industry: lottery ticket shrinkage due to theft and manual reconciliation errors. The company built an all-in-one platform that integrates with state lottery systems and point-of-sale (POS) ecosystems to automate the entire lifecycle of lottery inventory.

Business Model

LottoShield operates as a B2B SaaS provider, charging retailers a subscription fee for its cloud-based lottery management platform. The software replaces manual counting and spreadsheet-based processes with real-time tracking, automated audits, and invoice reconciliation, delivering significant operational savings. The company generates recurring revenue from thousands of retail locations across the United States.

Products and Integrations

LottoShield’s core platform automates scratcher inventory tracking, book activation, sales monitoring, and payout reconciliation. It integrates with state lottery reporting systems (e.g., California Lottery) and major POS platforms. Two key integrations are the LottoShield + NRS Integration, which works with NRS registers to track sales and payouts in real time, and the LottoShield + PDI Enterprise Integration, which extends lottery management into the PDI Enterprise ERP environment for automated invoicing and accounting.

Market Position and Clients

LottoShield is a niche leader in the lottery management software market, serving convenience store chains and fuel retailers. The company’s platform reduces theft by up to 95%, as reported by clients like H&S Energy (250+ locations), which saved over $1 million per year in operational efficiencies after deployment. Jernigan Oil (60+ stores) also reported reduced paperwork time. The company competes with manual processes and basic POS modules, positioning itself as a specialized solution.

Recent Developments

In July 2025, LottoShield announced a strategic collaboration with PDI Technologies to bring its software to more PDI Enterprise customers and sponsored PDI Connections Live 2025 as a Gold Level sponsor. The company continues to expand its state lottery integrations and POS partnerships, with an active blog covering industry trends and case studies.

Key Products

  • LottoShield Lottery Management System

    Core cloud platform that automates lottery inventory tracking, loss prevention, employee accountability, and reconciliation for convenience stores and fuel retailers. Integrates with state lottery reporting systems and POS platforms.

  • LottoShield + NRS Integration

    A lottery POS module that works with NRS registers to track sales, payouts, and shifts in real time, reducing shrinkage and manual errors.

  • LottoShield + PDI Enterprise Integration

    Extends lottery management into PDI Enterprise ERP, automating invoicing, reconciliation, and accounting for PDI customers.

Offices & Headcount

30 employees (approx.)

Key Persons