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Tipp24 warns of additional costs in H2 following investments

9th August 2013 6:27 am GMT

German online lottery broker Tipp24 has warned that costs are expected to rise significantly as the business invests in launching new businesses, restructures its lottery operations and overhauls its IT platform during the second half of 2013.

The company made the announcement following the release of its results for the first six months of 2013, in which consolidated revenues for the period rose 12 per cent year-on-year to €76.4m following growth of 19 per cent during [...]

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