HomeOther StuffMeet Lottoland – The European gaming company which set out to build...

Meet Lottoland – The European gaming company which set out to build the lottery land of happiness (Sponsored)

Founded in 2013, Lottoland is one of today’s global leaders in online lottery, giving people the chance to bet on the outcome of some of the biggest lotto draws the world has to offer.

Lottoland offers you the chance to play the EuroMillions and Eurojackpot alongside the supersized MegaMillions and PowerBall draws from the States. In addition, Lottoland has the Irish Lotto, Polish Lotto, four lotteries from Australia and many more big draws from Europe and beyond.

As a player, all you need to do is select the draw, choose your numbers and submit your lines. If you hit any of the prize tiers available on the official draw, you’ll win! Apart from the different lotteries, Lottoland also has a range of casino games, instant win games and scratchcards, with top prizes of €1 million available.

At Lottoland, players are guaranteed that they will be paid out on their winnings – regardless of the jackpot amount. You bet on the outcome of the official draw, and for all intents and purposes, you will have the exact same customer experience as if you were playing the official lottery. The key difference is that Lottoland takes your bet and pays you if you win.

For smaller prize tier payments, Lottoland makes the payment directly from the fund from the total ticket sales. In order to make the larger prize tier payments, Lottoland takes out insurance policies to cover the eventuality of a Jackpot win or a substantial payout on the Lotto bet. Part of the Lotto bet price you pay goes towards the payment of this policy.

Lottoland is registered with and regulated by the UK Gambling Commission, the Gibraltar Gambling Commission, and the Revenue Commissioners in Ireland. In order for them to retain these licences they have to prove that they are able to make the required payouts to their players should they win and that they have the procedures in place to guarantee this. The company has licenses in UK, Italy, Germany, Gibraltar and Malta, but decided to not offer their platform and services in Spain, Portugal and Poland – altough this might change in the future.

Lottoland was founded in May 2013 by David Rosen, is privately owned, and managed by the CEO Nigel Birrell. Lottoland’s Head Office is based in Gibraltar, a worldwide hub for the online gaming industry. Since its start, Lottoland has been growing rapidly, and currently has a diverse staff of over 300 employees, from over 30 countries. Today, they are already counting about 13 million users.

The company strives to be the leading online lotto operator through empowering their customers. You can visit Lottoland’s corporate website to find out more about Lottoland’s vision, mission and their famous values which include being genuine, resilient, having ownership and wanting to work together with clear communication with their customers.

Lottoland passes on players’ bets to EU Lotto, which acts as a bookmaker. When placing bets, Lottoland acts in the name and on behalf of the player. The company is not an official lottery operator and does not buy any lottery tickets on behalf of the customer. Instead, Lottoland allows customers to make bets on different lotteries and if a customer wins a bet, then they will be paid directly by Lottoland and not an official lottery operator.

Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

Most Popular