Lottery.com forecasts 135% revenue increase in third quarter

| By Robert Fletcher
Lottery broker and information portal Lottery.com expects revenue to increase by up to 135% quarter-on-quarter in the third quarter of its 2021 financial year, driven by sales within its B2B segment.

In a preliminary results announcement, AutoLotto, operating as Lottery.com, said revenue is likely to reach between $22.0m (£16.0m/€19.0m) and $24.0m for the three-month period.

Should Lotto.com achieve the higher end of this forecast, it would represent a 135% rise on the $9.3m in revenue it achieved during the second quarter of the current year.

Lotto.com did not go into full detail but did state that this “strong” growth was driven by increased sales in its B2B segment.

Read the full story on iGB North America.

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