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Tipp24 eyes North American state lottery partnerships

15th May 2013 8:12 am GMT

Tipp24 said Tuesday that it expects full year revenues to be between €130m and €140m after posting a 5 per cent increase in first quarter revenues to €37.4m.

Revenues from international markets outside of the company's home German market accounted for most of Tipp24's revenues, with Germany generating only €0.1m in revenues during the period.

Total payouts for secondary lotteries were €5.0m below the expected payout value, which had a positive impact on revenues during the quarter.

Tipp24 [...]

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