The origin of EssNet goes back to 1936 with the
invention of the worlds first mechanical validator for sports betting
coupons at Swedish Hugin Kassaregister.
In 1958, the Company developed the
worlds first complete lottery system, so called off-line systems
including validators and computer-controlled readers/sorters. In the 60s
and 70s, more than 50 systems, including 200,000 validators, were
installed worldwide. In 1982, the lottery division at Hugin was acquired by the
Esselte Group, and named Esselte Security Systems.
In 1988, the EssNet name
was established when the ownership of Esselte Security Systems was acquired by
Dutch Modalfa. In 1993, Lotterie-Treuhandgesellschaft mbH Hessen, Germany, was
the first lottery to install EssNets on-line system.
Between 1993 and
1996, several new EssNet on-line systems were installed, mainly in Europe. In
2000, the business of EssNet was acquired by a consortium of Scandinavian
companies and investors from the IT, gaming, banking and communications
industries. This started a new era for EssNet. The Company was reorganised and
new, successful strategies helped EssNet become one of todays leading
suppliers of lottery and gaming products.
In 2003, the joint ventures
EssNet Interactive AB, TattsNet Ltd and OE Netgame AB were established