Login/Register
Octoplay
Octoplay

Higher marketing costs widen Lotto24 loss in first quarter

8th May 2018 6:40 am GMT

Frankfurt-listed online lottery provider Lotto24 has reported a strong start to the year with revenue increasing 29 per cent to €8.6m during the first quarter of 2018.

Billings rose 26 per cent year-on-year to €58.2m, which the company attributed to a “very positive” jackpot trend for the pan-European EuroJackpot game.

Lotto24 attracted 179,500 new customers during the quarter, up 89 per cent compared to the same period last year, with total registered customers climbing 27 per cent [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos