Regulatory

Tabcorp reportedly files complaint against Lottoland

Lottoland claims to have 750,000 users and offered Australians the chance to bet on the outcomes of major American lotteries such as Powerball. Then, Legislation that was passed in June 2018 that bans Lottoland and others from offering customers the ability to bet on the outcomes of international lotteries. Following the ban, the Gibraltar-based Lottoland launched ‘jackpot betting’. Lottoland’s ‘Jackpot betting’ determines winners by taking specific numbers from financial markets like the ASX and New York Stock Exchange at particular times of the day, arranging them into one long number, and using a computer calculator to convert it into the winning lottery numbers.

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GLI is the Only Lab at ICE 2019 That Can Take You Anywhere in the World

“The global gaming and lottery industries are undergoing a period of unprecedented change and growth that is both exciting and challenging,” said Martin Britton, Managing Director of EMEA. “We look forward to sharing with this year’s ICE attendees how GLI can help operators, suppliers, and regulators overcome obstacles, maximize opportunities, and achieve success in the iGaming, sports wagering, and land-based gaming and lottery sectors.

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