Gibraltar-based online lottery operator Lottoland has claimed the 128th place in The Financial Times ‘fastest growing European companies index’.
The Financial Times’ index ranks the European enterprises with the highest percentage growth between the periods of 2012-2015.
Lottoland which allows its customers to wager on multiple international lotteries such as the US ‘Powerball’ or Spain’s ‘El Gordo’, acts as a jackpot broker taking bets on the lottery’s results. Its strong commercial growth in a short period, sees Lottoland rank amongst the thirty fastest growing UK businesses according to the The Financial Times
Listing high on the FT index, Lottoland has reported revenue growth of 820% for the period of 2012-2015. The company further states that it has continued its strong momentum reporting 100% year-on-year growth for 2016.
Commenting on the achievement Lottoland CEO Nigel Birrell, stated, “We’re delighted to have proven our place among the fastest growing companies in Europe. Our strong growth rates show no sign of slowing and we’re incredibly excited to see what else we can achieve in the coming months and years.”
Lottoland governance detailed that the company was committed to its in-house development of products and services which aimed to innovate the stagnant global lottery markets, which have not met new digital consumer demands.