Australian Newsagency Blog

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Tha Age labels Lottoland a pariah

Mark Fletcher
November 6th, 2017 · No Comments

The Age today slices away at Lottoland.

The company does not tell us what this percentage is but only 16 per cent of its revenue is from this source. The vast majority of the revenue it recognises is actually just a reimbursement of costs incurred “generating stakes on behalf of EU Lotto Limited”.

In other words, the revenue number appears to be as synthetic as its lottery service.

Burn.

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Category: Ethics · Lotteries · Social responsibility

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