westlotto Archives

Scientific Games inks deal to modernise WestLotto retail outlets in Germany

April 16, 2024

Scientific Games has teamed up with Germany lottery operator WestLotto for the introduction of camera based technology across the lottery’s retail sites in North Rhine-Westphalia. The technology will be implemented into the Contour.v terminals, which WestLotto will use to offer players a contactless experience across more than 3,000 retail outlets from April, 2025. Andreas Kötter, Managing Director at Westdeutsche Lotterie …

WestLotto partners OpenBet for player protection via Neccton

January 12, 2024

OpenBet has announced a partnership with German lottery operator, WestLotto, to supply Neccton’s gambling compliance products. In detail, World Lottery Association (WLA) member WestLotto will be integrating OpenBet-owned Neccton’s responsible gaming, anti-money laundering (AML) and fraud detection service – exceeding regulatory expectations and boosting responsible gaming. Michael Auer, Managing Director of Neccton at OpenBet, said: “Our new partnership with WestLotto …

Rough Q1 2017 opening sees mybet governance focus on future platform delivery & performance

May 31, 2017

Publishing its Q1 2017 trading statement, Frankfurt Xetra-listed European sports betting operator mybet Holding SE has detailed continued negative declines in its corporate revenues and earnings. A tough Q1 opening, has seen mybet post group revenues of €8.9 million, down 29% on corresponding Q1 2016’s €12.5 million. The operator detailed that its online casino product, had been ‘out of operation’ …

€11.8 million Westlotto settlement sees mybet governance up full-year EBIT & Cash targets

May 24, 2017

Updating investors, Frankfurt Xetra-listed online bookmaker mybet Holdings SE has informed that its Supervisory Board has granted the approval for the company to raise its year ‘target values for earnings before interest and taxes (EBIT) as well as the firm’s full-year cash position. The board’s decision follows this month’s notification that mybet has finally settled out-of—court its Westdeutsche ‘WestLotto’ Lotterie …

mybet revises full-year 2017 financial forecasts following WestLotto €11.8 million settlement win

May 15, 2017

Updating the market, Frankfurt Xetra-listed online bookmaker mybet Holdings has informed that it has settled out-of-court its damage claims for ‘cartel infringement’ against the Westdeutsche ‘WestLotto’ Lotterie GmbH & Co. The bookmaker closes its ten-year legal proceedings against WestLotto, a German licensed retail lottery operator that had issued an injunction order against mybet selling ‘over-the-counter’ lotto services. In 2014 the …

Mybet wins German court ruling on lottery sales provisions

April 10, 2014

The Higher Regional Court of Dusseldorf has ordered lottery operator Westdeutsche Lotterie (WestLotto) to pay Mybet Holdings damages of €11.5 million plus interest, as Mybet Holdings won its court hearing regarding its prevention to sell lottery goods in German supermarket chains and petrol stations. WestLotto a government licensed independent lottery supplier, had order an injunction to stop the operator from …

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Tag Archives: westlotto

Scientific Games inks deal to modernise WestLotto retail outlets in Germany

WestLotto partners OpenBet for player protection via Neccton

Rough Q1 2017 opening sees mybet governance focus on future platform delivery & performance

€11.8 million Westlotto settlement sees mybet governance up full-year EBIT & Cash targets

mybet revises full-year 2017 financial forecasts following WestLotto €11.8 million settlement win

Mybet wins German court ruling on lottery sales provisions

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