German online lottery brokerage Lotto24 said Wednesday that it is now well-placed to take advantage of new market opportunities in Germany, despite the regulatory environment impacting the company’s results in 2012.

Lotto24 said that while the regulatory environment hampered business development significantly, key milestones to enable sustainable growth were met during the year.

“In 2012, we fulfilled key prerequisites for nationwide business activities,” said Lotto24 CEO Petra von Strombeck.

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