Press Releases

Lottoland Australia Here to Stay

By 09.05.2018 No Comments

Due to legislation coming into effect in 2019, we can no longer offer lottery betting and as such some content may no longer be relevant.

9th May, 2018 – The Chief Executive Officer of Lottoland Australia, Luke Brill, today vowed the company will continue to deliver choice to its 700,000 Australian punters while the potential legislation on banning betting on overseas lotteries is decided.

Mr Brill said the passing of the Bill by the House of Representatives was not unexpected and represented only the first stage in what is a long process.

He said Lottoland Australia – along with the Newsagents Association of NSW and ACT (NANA), and the Victorian Association of Newsagents (VANA) – would continue to make their case to the major parties and the crossbenches in the Senate to stop the legislation from becoming law over the coming weeks.

“The intention of the legislation is to ban lottery betting, not to ban Lottoland Australia, so, we can assure our 700,000 loyal customers that we are here to stay,” he said.

“Even if the legislation is passed by both Houses, it will not come into force for at least another six months, which means we will continue to offer our Australian customers the chance to bet on the world’s largest jackpots until December.”

Mr Brill said the passing of the legislation by the Lower House went against the wishes of thousands of newsagents across the country, who feared the legislation could create an unprecedented protected monopoly on all lottery betting.

“At a time when newsagents are being held to ransom by Tatts Group, which is now part of Tabcorp, this is a very disappointing outcome for small businesses that are happy to enter into a potentially lucrative revenue-sharing agreement with Lottoland Australia,” he said.

“In fact, the only winner out of this unnecessary and counterproductive piece of legislation is Tabcorp and its recent acquisition Tatts Group, which have fought tooth and nail to ensure they retain their monopoly on lottery betting.

“By their own admission, Tatts Group has spent close to $5 million lobbying the Federal Government to stop organisations such as Lottoland Australia from bringing in some much needed competition into the lotteries market.

“Moreover, it is also a bad day for Australia, potentially depriving the economy of millions which Lottoland is investing, depriving the government of millions of tax dollars, and depriving all Australians of the choice to bet on overseas lotteries.

“At the same time, it is setting a dangerous precedent for successful companies investing in Australia.

“As we remain positive that the Bill will be stopped, we are committed to staying in Australia and will continue to deliver choice to our valued customers.”

-ENDS-

 

Media Enquiries: Cannings Strategic Communications

Will Roberts                        +61 431 318 893
Luis M Garcia                      +61 419 239 552

 

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