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Jumbo pulls out of unviable German lottery reseller market

25th November 2016 9:23 am GMT

Sydney-listed online lottery reseller Jumbo Interactive is pulling the plug on its German-facing business, citing unfavourable market conditions which prevent it from developing a viable long-term business.

This will see the company end its physical presence in Germany with the closure of its Hamburg office, and its business switch to an affiliate model where players will be referred to one-time rival operator Lotto24.

"After 2 years in the German market, it has become clear that market conditions [...]

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