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Lottoland takes a bet on sharing

By 06.04.2018 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.

5th April, 2018 – BETTING outfit Lottoland has made a last-ditch plea for newsagents to support it against a Turnbull government plan to ban the company, offering to pay up to a fifth of its profits.

The move, in an open letter from Lottoland Australia chief executive Luke Brill, comes just days after Communications Minister Mitch Fifield said he would legislate to ban betting on all foreign lotteries and keno games.

“The proposed legislation could make life even more difficult for newsagents while reducing choice for … customers,” Mr Brill wrote. “If passed, the legislation … will cement Tatts’ monopoly, which is not good news for newsagents — or for customers.”

Mr Brill said he would “offer newsagents a 20 per cent commission on the profits from every bet they refer to Lottoland”.

-ENDS-

Originally published by The Daily Telegraph.

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