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The Weather Lottery hopeful of reducing future losses

6th January 2012 9:55 am GMT

Following a difficult year for the company which saw its former CEO jailed for fraud and theft, The Weather Lottery has reported a total loss of £789,000 for the year ended July 31st 2011, with £149,000 of losses generated by the recently acquired Devilfish online gaming business.

Revenues from continuing operations increased by 9 per cent during the year to £1.3m, of which 82 per cent (£1.1m) was generated from the company’s [...]

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