German online lottery brokerage Lotto24 has reported revenue of €2.8m for 2013 in its first full year as a publicly listed company, but expects results to “significantly” increase this year with revenue potentially tripling if the regulatory environment remains unchanged.

Lotto24 said that 2013 was the year that the company was able to implement its strategic targets, achieve its planned milestones and establish itself as the market leader among Germany’s lottery brokers.

The company was the first to resume activities in the German market when the new State Treaty on Gambling came into effect in 2012, receiving its advertising permit in March 2013 which allowed it to begin active marketing of the company's product and service portfolio.

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