Tenlot Group

History & Background

Tenlot Group was established in 2016 (some sources cite 2015) in London, England, by Israeli businessman and philanthropist Jacob Engel. Engel’s extensive background includes mining, oil, construction, and infrastructure concessions in over 25 countries. He entered the lottery sector to apply his financial capacity and risk-investment approach to large-scale, socially impactful projects. In 2019, Tenlot explored a mid-year IPO on the Stockholm Stock Exchange, but no listing has materialized. The company quickly expanded into Latin America, starting in Guatemala, and later into Africa, securing national lottery concessions.

Business Model

Tenlot acts as a full-service concessionaire rather than a pure technology vendor. It provides the entire operational framework—lottery system deployment, terminal installation, retail network setup, staff training, marketing, and ongoing management—financing projects internally to absorb upfront costs that most governments cannot afford. The company works through local subsidiaries staffed primarily by local management, supported by a central global team. Royalties from operations flow back to government-sponsored social development programs.

Products & Platforms

Tenlot’s flagship product is TENLOT 360°, a progressive, full-lifecycle platform for managing lottery and gaming operations across retail and online channels. Complementing this is Safeguard 360°, a monitoring system that enables governments and operators to oversee and secure lottery sales. The company also offers end-to-end turn-key operations, including planning, technology selection, deployment, and ongoing operations. Its custom gaming portfolio features hundreds of lottery and gaming options (instant-win, draw-based, sports games, numbers games) adapted to local preferences. Tenlot selects best-in-class external suppliers for technology and services, focusing in-house on investment and operational execution.

Licensing & Regulation

Tenlot holds gaming licenses in multiple jurisdictions and emphasizes compliance with local laws. The company promotes transparency, integrity, and responsible gambling across all operations.

Recent Developments

In 2021, Tenlot highlighted its TENLOT 360° platform as a key differentiator, positioning itself among industry leaders. The company continues to expand its presence in Latin America and East Africa, forming new government partnerships and modernizing lottery operations through its unique public-private partnership model.