Provides Access to European Lotteries

The launch of a UK lottery site has been recently announced by Tipp24, German lottery company., the new site with a license secured from UK authorities, will provide access to a variety of European lotteries.

The launch of followed last week’s launch of, a sports betting subsidiary of, Germany.

The interest of the German company in the British market is the result of “uncertainties surrounding the nation’s legislative situation and the possibility that restrictive laws could come into effect early next year”.

Despite uncertainties in German legislation, Tipp24 managed to post record third quarter earnings – almost $4.4 million, yearly revenues p 17% to $41.7 million and earnings before interest and tax up 2.4% to $7.6 million.

The company plans to stabilize its market share in the online lottery market and expects billings and revenues to grow.

This entry was posted in Lottery News on by .

About Mark Newman

Mark Newman - was born in 1971 in Pictou, a town located on the beautiful Northumberland Shore of Nova Scotia, Canada. In 1998 he graduated from Acadia University (Nova Scotia, Wolfville) with the Master’s degree in social studies. Mark simply adores his wife and sons. Considers poker to be one of the most exquisite kinds of art and rarely misses his chance of practicing.