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Lotto24 raises full year guidance after strong first half performance

9th July 2018 8:24 am GMT

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 [...]

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