Serbian Consortium Selected to Manage Kyrgyzstan State Lottery

A group from Serbia has secured the opportunity to manage the state lottery in Kyrgyzstan. This alliance, comprising Elbet d.o.o, a technology enterprise focused on gaming applications, and Axel Capital, an investment group, was selected following a strict evaluation procedure that began in October 2021. The coalition distinguished itself through its background, having collaborated with more than 80 providers worldwide, encompassing four national lotteries. Although the choice has been determined, the concluding contract between the coalition and the Kyrgyz National Lottery remains unfinished. Upon completion, this collaboration will introduce Elbet’s proficiency in online gaming and digital lottery to Kyrgyzstan.

Nikolaevskiy developed his critical thinking abilities at the renowned investment company, Zweig-DiMenna, and prior to that, he worked at Goldman Sachs, overseeing investments.