Lottoland online casino

Lottoland online casino

{H1}

Lottoland

Gibraltar lottery betting company

Not to be confused with film Lotto Land.

Lottoland Limited is a company based in Gibraltar. One of its main areas of business is offering online bets on the results of more than 30 lottery draws.[8][9]

History[edit]

Lottoland was founded by David Rosen[10] in May [11] Based in Gibraltar, the company originally started with seven employees.[12]

Chris Tarrant, who hosted the British quiz show Who Wants to Be a Millionaire? has been the brand ambassador for Lottoland UK since [13] The company has been the name sponsor of Brookvale Oval in Sydney, the home stadium of the National Rugby League team the Manly Warringah Sea Eagles, since the start of .[14]

The legally independent Lottoland Foundation, which is based in the German city of Hamburg and is funded by Lottoland, has existed since autumn [15]

Products[edit]

The company provides digital scratchcards, online table games, card games and slot games, whereby customers can win cash and non-cash prizes.[16][7] Since , the company also offers sports betting.[17]

Lottery betting[edit]

To be able to pay out large cash prizes at any time, the company has completed a guaranteed insurance transaction (Insurance-Linked Securities (ILS)) that insures it against high bet payouts.[18][19][20][21]

Licenses and legal background[edit]

Lottoland currently has licenses from national supervisory bodies for lotteries[2] in Gibraltar, Italy,[4] the United Kingdom,[5] Ireland,[3] Australia — where it has a wagering license[1] — South Africa, where it has a fixed-odds contingencies license along with B2C and B2B licenses[6] — and Sweden, where it has an online gambling and betting license.[22]

In April , the Australian government stated that it was considering banning Lottoland.[23] Draft laws passed by the Australian parliament in June will see "synthetic lotteries" such as Lottoland banned in Australia from , with concerns about companies such as Lottoland hurting family-operated newsagencies, being misleading about prizes and contributing to problem gambling.[24] Lottoland then filed a complaint against the Australian Communications and Media Authority, and the Supreme Court of New South Wales ruled in favour of the company.[25]

The lottery companies from the 16 federal states of Germany that have joined together to form the Deutscher Lotto- und Totoblock consider betting on lottery results offered by providers such as Lottoland or Tipp24 to be a violation of the German Inter-State Gambling Treaty (Glücksspielstaatsvertrag).[26][27][28]

In , the Swedish Gambling Authority fined United Lottery Solutions, an owner of thisisnl.nl, for providing the lottery Eurojackpot, which was not covered by Swedish gambling license. In Lottoland lost its first appeal.[29]

In September , The UK gambling commission (UKGC) announced they would be taking regulatory action against Lottoland. The company was fined £, ($1 million) by the UKGC and cited the reasoning behind the fine as social responsibility and anti-money laundering rule breaches between October and November [30]

Figures and structures[edit]

Customers and turnover[edit]

The company claims a customer base of more than 6 million people from twelve countries (as of June ).[31] It generated sales of over million euros in [32][33]

Lottoland's growth in sales of percent between and enabled it to be placed at number in the Financial Times FT report on the fastest-growing companies in Europe.[34]

Acquisitions and investments[edit]

Lottoland took over the German lottery portal Lottohelden at the end of [35] The company had shares in Jumbo Interactive, an online provider of lottery tickets listed on the Australian Securities Exchange,[36] but sold them in July , two months after their purchase.[37] The company has shares in LottoGopher, a provider of lottery tickets from Los Angeles listed on the Canadian Stock Exchange.[38]

In May , the company acquired the majority share of Giochi24.[39]

Criticism[edit]

The business model of Lottoland has been criticised because it takes away money from good causes and charities: many lotteries such as the British National Lottery give a sizeable percentage of ticket prices to charity, while secondary lotteries such as Lottoland do not.

It's also noted that Lottoland misleads consumers about the availability of customer support, often taking over six weeks for a reply to support tickets.[3][40]

References[edit]

  1. ^ abPerry Williams (14 January ). "Lottoland targets Tatts in Uber-style betting shake-up". The Sydney Morning Herald. Retrieved 8 June
  2. ^ ab"Lottoland takes majority stake in Giochi24". thisisnl.nl 8 May Retrieved 18 June
  3. ^ abcEoin Burke-Kennedy (15 March ). "Lottoland site goes up against National Lottery in Ireland". The Irish Times. Retrieved 8 June
  4. ^ ab"Chi sono i nuovi investitori del mercato italiano?". BorderLine24 – Il giornale di Bari. 31 May Retrieved 11 June
  5. ^ abAshelm, Michael; Budras, Corinna (17 September ). "Dauerstreit um staatliche Wettlizenzen". Frankfurter Allgemeine Zeitung. Retrieved 11 June
  6. ^ ab"Lottoland goes live in South Africa". iGaming Business. 3 April
  7. ^ ab[1]. Retrieved on 20 Dec
  8. ^Jan Willmroth (15 March ). "Angriff auf ein heiliges Monopol". Süddeutsche Zeitung (Online) (in German). Retrieved 2 June
  9. ^"Lotterien". thisisnl.nl (in German). Retrieved 2 June Details provided by the company with regard to its products.
  10. ^Andreas Macho (28 April ). "Ohne private Anbieter stirbt der Lottomarkt". Wirtschaftswoche (in German). Retrieved 25 May
  11. ^"Lottoland picks up first lottery messenger licence in Gibraltar" (Press release). thisisnl.nl 10 January Retrieved 2 June
  12. ^"Geschichte". thisisnl.nl (in German). Retrieved 2 June
  13. ^Corresponding details in the Internet Movie Database, retrieved on 8 June
  14. ^"Brookvale Oval to be renamed 'Lottoland' as Manly look to NRL future". The Guardian. 2 February Retrieved 8 June
  15. ^Jan Willmroth: Sechs Falsche. In: Süddeutsche Zeitung (Print), 15–17 April
  16. ^[2]. Retrieved on 8 June
  17. ^Gallagher, Erin-Marie (8 January ). "Altenar powers first sportsbook platform for Lottoland". thisisnl.nl. Retrieved 10 June
  18. ^Investoren greifen bei Lottorisiken zu. Verbriefung mit Volumen von Mill. Euro. In: Börsen-Zeitung, 24 April
  19. ^Alistair Gray (23 April ). "Pension funds take lottery punt in hunt for yield". Financial Times. Retrieved 8 June
  20. ^Albrecht Scheuermann: Der Jackpot ist versichert. In: Göttinger Tageblatt, 19 August Albrecht Scheuermann: Wenn der Jackpot versichert ist. In: Hannoversche Allgemeine Zeitung, 19 August
  21. ^Lottoland sichert Jackpot-Risiko ab. In: Börsen-Zeitung, 20 August Dynamik bei Cat Bonds lässt nach. In: Börsen-Zeitung, 7 January
  22. ^"Spelbolag med spellicens". thisisnl.nl (in Swedish). Retrieved 21 February
  23. ^Chung, Frank (5 April ). "'Nothing more than a desperate PR manoeuvre'". NewsComAu.
  24. ^"Lottoland comes out swinging after government passes ban on lotto betting". thisisnl.nl. 29 June Retrieved 5 July
  25. ^Hatch, Patrick (18 August ). "Lottoland to survive in Australia after court victory". The Sydney Morning Herald. Retrieved 10 June
  26. ^Daniela Stürmlinger (27 August ). "Kampf um die Lotto-Milliarden im Internet". Hamburger Abendblatt (in German). Retrieved 8 June
  27. ^"Sind die "Lotterie"-Angebote von Tipp24, Lottoland oder Lottohelden seriös?". thisisnl.nl (in German). Retrieved 8 June Position of the national lottery providers in Germany.
  28. ^Albrecht Scheuermann: Privater Anbieter attackiert das Lotto-Monopol. In: Hannoversche Allgemeine Zeitung, 15 March
  29. ^"United Lottery Solutions Ltd - varning och sanktionsavgift, vadhållning på lotterier och erbjudit lotterier som inte omfattats av bolagets licens " (in Swedish). Spelinspektionen. Retrieved 21 February
  30. ^"UK Gambling Commission Slams UK Lotto with $1 Million Fine". Gambling News. 24 September Retrieved 5 April
  31. ^"Arrow(Teer) & Bow gambling result". Retrieved 14 June Details provided by Lottoland UK with regard to its customer growth.
  32. ^Jan Willmroth (16 April ). "Die urdeutsche Lotto-Tradition ist in Gefahr". Süddeutsche Zeitung (Online) (in German). Retrieved 2 June
  33. ^Zulauf für Lottoland. Glücksspiel-Wettanbieter wächst deutlich. In: Die Tabak Zeitung, 28 April
  34. ^Martin Stabe, Ændrew Rininsland, Steve Bernard (17 May ). "The FT The complete list of Europe's fastest-growing companies". Financial Times. Retrieved 13 June : CS1 maint: multiple names: authors list (link)
  35. ^Seedmatch GmbH (25 November ). "Lottoland übernimmt Hamburger Startup Lottohelden. Erster Exit für ein per Crowdfunding finanziertes Startup in Deutschland"(PDF). thisisnl.nl (in German). Archived from the original(PDF) on 11 October Retrieved 13 June Press information from Seedmatch.
  36. ^Sarah Thompson, Anthony Macdonald, Joyce Moullakis (20 April ). "Lottoland raids ASX-listed lottery tickets seller". The Australian Financial Review. Retrieved 8 June : CS1 maint: multiple names: authors list (link)Bridget Carter, Scott Murdoch (5 May ). "Jumbo Interactive jumps as Lottoland buys more tickets". The Australian Business Review. Retrieved 8 June
  37. ^Amsel, Peter (3 July ). "Lottoland sells Jumbo Interactive stake two months after purchase". thisisnl.nl.
  38. ^James West (22 May ). "LottoGopher Holdings (CSE:LOTO) CEO James Morel: A Visual Podcast". thisisnl.nl. Archived from the original on 31 July Retrieved 13 June "LottoGopher erobert US-Lottomarkt: Gigantisches Wachstum voraus". thisisnl.nl (in German). 24 May Archived from the original on 6 June Retrieved 13 June
  39. ^"Chi sono i nuovi investitori del mercato italiano?". Borderline24 (in Italian). 31 May
  40. ^"Curacao Li̇sansli Bahi̇s Si̇teleri̇". Sanalistanbul (in Italian). 28 August Archived from the original on 5 September : CS1 maint: unfit URL (link)

External links[edit]

Источник: thisisnl.nl

1493 | 1494 | 1495 | 1496 | 1497 | 1498 | 1499 | 1500 | 1501 | 1502