Type Public Limited Revenue 13.5 million EUR (2015) | Headquarters Germany Founded 2010 | |
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Key people Petra von Strombeck
Magnus von Zitzewitz
Kai Hannemann Number of employees 70 full-time equivalents (2015) Stock price LO24 (ETR) € 8.74 -0.20 (-2.26%)13 Mar, 12:28 PM GMT+1 - Disclaimer Profiles | ||
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Lotto24, headquartered in Hamburg, Germany, is a provider of state licensed lotteries. The company brokers customer tickets to the state-owned lottery companies of the country´s federal states, for which it receives a commission. The product range includes Lotto 6 aus49, Spiel 77, Super 6, Eurojackpot, GlücksSpirale, Lotto Club and Keno.
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Lotto24's shares have been traded on the Frankfurt Stock Exchange since 2012. As of 31 December 2015, there were 24,154,890 issued shares.
Lotto24 co uk explainer video
History
Lotto24 was founded in Hamburg in 2010. The company was formed when the current Zeal Network SE span off its German business. It went public on 3 July 2012 and its shares have since been listed in the Prime Standard segment of the Frankfurt Stock Exchange. Shortly before its IPO, the second State Treaty on Games of Chance (Glückspielstaatsvertrag - GlüStV) came into effect in Germany on 1 July 2012 which repealed the ban on online marketing of state lotteries included in the first GlüStV (2008). Lotto24 was one of the first private providers to receive a state permit for the marketing of online lotteries in September 2012. This was followed by a permit for TV and online advertising in March 2013, which was prolonged for two further years in 2015.
In 2014, Lotto24 released mobile applications for iOS and Android which enable lotto players to submit their tickets via smartphone and tablet.
Services
Lotto24 is a licensed provider of state lotteries. The product range includes Lotto 6 aus49, Spiel 77, Super 6, Euro Jackpot, GlücksSpirale, Lotto Club and Keno.