Frankfurt-listed online lottery provider Lotto24 has raised its full-year guidance after benefiting from high jackpots from the EuroJackpot game, which helped revenue soar during the second quarter.
The company said that it “easily exceeded” its prior-year figures due to the exceptionally high jackpots of the pan-European lottery game EuroJackpot.
This helped billings grow by 61 per cent year-on-year to €87.9m in Q2, with revenue increasing 72.5 per cent to €10.9m. Lotto24 also benefited from 198,000 new customers during [...]