Good first half for Lotto24

Lotto24, a German online lottery provider, has posted half year results that showcases revenues up by 80 percent year-on-year, and customer numbers almost doubled to 730,000.

The company said that a particularly strong second quarter helped boost the first half performance, reporting that second-quarter revenues were up over 125 percent y-o-y at Euro 3.7 million, while billings soared 114 percent to Euro 37.6 million.

For the half-year, Lotto24 posted revenues up more than 80 percent y-o-y at Euro 6.1 million, and billings increased 70 percent to Euro 62.6 million.