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Lotto24 exceeds 2018 guidance as revenue reaches €38.3m

14th January 2019 9:15 am GMT

German lottery broker Lotto24 expects to exceed its full-year financial guidance for 2018 following a strong run of jackpots during the final quarter.

Lotto24, which is currently the subject of a takeover battle between Zeal Network and Lottoland, said that it will once again exceed its financial guidance for 2018, having previously upgraded its forecast in October.

According to preliminary estimates, the operator expects billings during the final quarter of the year to increase by 53 per cent to [...]

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