Lotto24s is an online lotto site that offers its customers the opportunity to participate in state-licensed lottery products such as Lotto 6aus49, Spiel 77, Super 6, Eurojackpot and GlucksSpirale as well as keno. The company is based in Germany and generates revenues from the brokerage of lottery tickets as well as commissions from the state organizers for the jackpot winnings. The company has a strong customer focus and uses modern security measures to protect its users from addiction and fraud.
Founded in 2012, the company is part of the Zeal Network group and operates under the LOTTO24 and Tipp24 brands. It is licensed to broker state and charity lotteries on the Internet in accordance with the State Gambling Treaty (GluNeuRStV). The company also offers two charity lotteries of its own and offers a range of digital services and applications for mobile devices.
The company has a very low risk of addiction and is committed to player protection. In addition, the company works hard to support responsible gaming through education, prevention, and treatment initiatives. The company’s eGaming products are monitored by a qualified gambling expert.
Analysts are projecting that Lotto24 AG will report triple digit earnings growth in the coming year. However, it’s important to put these projections in context by evaluating the underlying components that will drive this growth. By calculating margin performance, we can evaluate the sustainability of Lotto24’s cost management methods and runway for top line growth.