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Tipp24 SE Relaunches Online Brokerage of State Lotteries


Wednesday, 22 Feb 2012 11:17am EST 

Tipp24 SE announced that it has relaunched its activities on the German market. With immediate effect, German lottery players can once again submit their tickets at any time of day via the new Lotto24.de website. The re-launch in Germany was made possible by new gaming legislation in the federal state of Schleswig-Holstein. Following the failure of the German State Treaty on Games of Chance in 2011, the ruling coalition in Schleswig-Holstein passed its own gaming legislation which once again allows the online brokerage of state-run lotteries. Operations will be managed by Tipp24 Deutschland GmbH, a wholly owned subsidiary of Tipp24 SE. It will be brokering tickets for its partner, NordwestLotto, the state lottery company in Schleswig-Holstein. Following a long legal battle, Tipp24 has also launched its new Lotto24 brand. 

Company Quote

44.245
-0.245 -0.55%
17 May 2013