Online lottery betting operator Lottoland has offered Germany’s state lotteries a potential nine-figure financial windfall if they’ll drop their opposition to the company securing a national gambling license.
On Tuesday, the Frankfurter Allgemeine Zeitung newspaper quoted Lottoland CEO Nigel Birrell saying that it was his company’s “goal and desire” to operate in each of Germany’s 16 federal states through “a national permit on the German market.”
Tuesday’s report quoted Birrell making a dramatic new offer to Germany’s state lottery monopolies: grant us a nationwide operating license, and the company would limit its operations to offering wagers on international lottery draws and “pass on our entire turnover” from betting on German state lotteries to these same state lotteries.
Birrell suggested that other lottery betting operators would be willing to join his company in making this grand gesture, and he estimated that the total sum would work out to “around €100m,” representing “90 to 95% of the sales that are currently going abroad.”