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Lotto24 enjoys revenue and profit gains in strong third quarter

7th November 2018 9:32 am GMT

Frankfurt-listed online lottery provider Lotto24 has reported a 50 per cent increase in revenue to €8.7m for the third quarter of 2018, benefiting from the continued popularity of the Eurojackpot lottery game.

Billings were up 44 per cent to €74.7m compared to the same period last year, with the company gaining 90,000 new customers during the quarter at a cost per lead (CPL) of €25.78 (Q3 2017: €30.97). Lotto24 passed the 2m customer mark for the first [...]

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