- For the film, see Lotto Land.
|Industry||Lottery betting and sweepstakes|
|Headquarters||Ocean Village Marina,|
|Nigel Birrell (CEO)|
|Revenue||over EUR 300 million (2016)|
Number of employees
|over 350 (April 2017)|
Chris Tarrant, who hosted the British quiz show Who Wants to Be a Millionaire? has been the brand ambassador for Lottoland UK since 2014. 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 2017 .
The legally independent Lottoland Foundation, which is based in the German city of Hamburg and is funded by Lottoland, has existed since autumn 2016.
Lottoland provides bets on lotteries such as:
- Mega Millions
- Lotto 6 aus 49 (German lottery)
- El Gordo (Spanish Christmas Lottery)
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.
Licenses and legal background
Lottoland currently has licenses from national supervisory bodies for lotteries in Gibraltar, Italy, the United Kingdom, Sweden, Ireland, Australia — where it has a wagering license — and South Africa, where it has a fixed-odds contingencies license along with B2C and B2B licenses.
In April 2018, the Australian government stated that it was considering banning Lottoland. Draft laws passed by the Australian parliament in June 2018 will see "synthetic lotteries" such as Lottoland banned in Australia from 2019, with concerns about companies such as Lottoland hurting family-operated newsagencies, being misleading about prizes and contributing to problem gambling.
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).
Figures and structures
Customers and turnover
Acquisitions and investments
Lottoland took over the German lottery portal Lottohelden at the end of 2015. The company had shares in Jumbo Interactive, an online provider of lottery tickets listed on the Australian Securities Exchange, but sold them in July 2017, two months after their purchase. The company has shares in LottoGopher, a provider of lottery tickets from Los Angeles listed on the Canadian Stock Exchange.
In May 2018, the company acquired the majority share of Giochi24.
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.
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- Andreas Macho (28 April 2018). "Ohne private Anbieter stirbt der Lottomarkt". Wirtschaftswoche (in German). Retrieved 25 May 2018.
- "Lottoland picks up first lottery messenger licence in Gibraltar" (Press release). igamingbusiness.com. 10 January 2017. Retrieved 2 June 2017.
- "Geschichte". Www.lottolandcorporate.com (in German). Retrieved 2 June 2017.
- Corresponding details in the Internet Movie Database, retrieved on 8 June 2017.
- "Brookvale Oval to be renamed 'Lottoland' as Manly look to NRL future". The Guardian. 2 February 2017. Retrieved 8 June 2017.
- Jan Willmroth: Sechs Falsche. In: Süddeutsche Zeitung (Print), 15–17 April 2017.
- Corresponding company details. Retrieved on 8 June 2017.
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- Alistair Gray (23 April 2015). "Pension funds take lottery punt in hunt for yield". Financial Times. Retrieved 8 June 2017.
- Albrecht Scheuermann: Der Jackpot ist versichert. In: Göttinger Tageblatt, 19 August 2016. Albrecht Scheuermann: Wenn der Jackpot versichert ist. In: Hannoversche Allgemeine Zeitung, 19 August 2016.
- Lottoland sichert Jackpot-Risiko ab. In: Börsen-Zeitung, 20 August 2016. Dynamik bei Cat Bonds lässt nach. In: Börsen-Zeitung, 7 January 2017.
- "Spelbolag med spellicens". www.spelinspektionen.se (in Swedish). Retrieved 25 January 2019.
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- "Sind die "Lotterie"-Angebote von Tipp24, Lottoland oder Lottohelden seriös?". Www.lotto.de (in German). Retrieved 8 June 2017. Position of the national lottery providers in Germany.
- Albrecht Scheuermann: Privater Anbieter attackiert das Lotto-Monopol. In: Hannoversche Allgemeine Zeitung, 15 March 2017.
- "Arrow(Teer) & Bow gambling result". Retrieved 14 June 2017. Details provided by Lottoland UK with regard to its customer growth.
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- Martin Stabe, Ændrew Rininsland, Steve Bernard (17 May 2017). "The FT 1000: The complete list of Europe's fastest-growing companies". Financial Times. Retrieved 13 June 2017.CS1 maint: multiple names: authors list (link)
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- Sarah Thompson, Anthony Macdonald, Joyce Moullakis (20 April 2017). "Lottoland raids ASX-listed lottery tickets seller". The Australian Financial Review. Retrieved 8 June 2017.CS1 maint: multiple names: authors list (link) Bridget Carter, Scott Murdoch (5 May 2017). "Jumbo Interactive jumps as Lottoland buys more tickets". The Australian Business Review. Retrieved 8 June 2017.
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- "Chi sono i nuovi investitori del mercato italiano?". Borderline24 (in Italian). 31 May 2018.