Lottoland pledges to fight on after domestic ban

Lottoland, which was barred this week from taking bets on domestic Australian lotteries, vows to press on with its international business in the country and warned that the growing online operations of the incumbents pose a greater threat than it does to agents and ticket sellers. Lottoland.com.au takes wagers on a smorgasbord of more than 30 lotteries from across the world – everything from super-sized Powerball and MegaMillions in the US to the UK’s Lotto and Spain’s El Gordo. The company, which is licensed in Australia’s Northern Territory and insured by Lloyd’s against players winning the huge jackpots, has amassed 650,000 registered players in Australia since launching around 18 months ago. Yet there has been growing pressure for states to prohibit what are dubbed ‘fake’, ‘pretend’ or ‘synthetic’ lotteries offered by the likes of Lottoland. Opponents accuse Lottoland of depriving states of taxes for public services (official lotteries paid $1.1 billion...

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