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Tipp24 exceeds forecast with record 2010 results

20th January 2011 9:19 am GMT

Germany’s Tipp24 SE has exceeded its own forecast for the 2010 financial year, with the company expected to post record revenues of €104m, an increase of 16 per cent versus the previous year.

Last August, Tipp24 downgraded its revenues forecast from €100m to €90m after the company reported that the total amount paid out for secondary lottery winnings exceeded the statistical average by €17.9m during the first half of 2010, following a jackpot win of €11.7m [...]

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