Lottoland could strike a deal in Australia
Lottoland could extend its business in the Australian market under an agreement with NANA.
Australia.- Lottoland is near to set a new business deal in Australia with the Newsagents Association of NSW and ACT (NANA), as reported by the local press this week. Lottoland is exploring different business options in Australia as the Federal Government announced earlier this year that they are planning to ban international lotteries’ operations, which would lead to the end of Lottoland’s services in the country.
Lottoland would set a business agreement with NANA that would see the former receive 20 per cent of the profits of foreign bets when they refer customers to the site. Nevertheless, the profit-sharing offer was immediately rejected by the Australian Lottery and Newsagents Association (ALNA).
Meanwhile, NANA CEO Ian Booth said: “NANA is considering that offer. It is substantially higher than previous offers made to ALNA and to newsagents in the media. The offer is based on a percentage of sales value, not profit. The percentage rate is higher than the percentages newsagents and other lotteries outlets receive in commissions from Tatts Group Lotteries for their lotteries products.”
Furthermore, he added: “From day one of the campaign funded and conducted by Tatts Group Lotteries against alternate lotteries/wagering products, NANA has stressed that there will be enormous consequences for newsagents if Tatts Group Lotteries has no effective competition.”