Tipp24 said Friday that it intends to spin off its German online lottery brokerage business, allowing the company focus on the expansion of its international business which will include a new internet service for lottery operators.

Tipp24 re-launched its German lottery brokerage business under the Lotto24 brand earlier this year in February and currently only targets customers in Schleswig-Holstein (following the passing of new gaming legislation) and Saxony-Anhalt (following a successful court ruling for the legal right to broker lotteries online).

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