RISQ a specialist provider of industry insurance and risk management services has confirmed the appointment of Blerina Essen, the former managing mylotto24 Ltd as a corporate advisor. Updating the market, RISQ leadership details that Essen has been appointed to help optimise the firm’s strategy and planning with regards to its reinsurance and hedging verticals. Regarded as an expert at the …
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UK DCMS bans third party betting on EuroMillions’ games
The UK government has moved to ban all third party bets on the outcome of EuroMillions lottery draws. Issuing a market update this morning, the UK Department for Digital, Culture, Media & Sport (DCMS) states that it undertakes it decision following an industry consultation launched back in March 2017. DCMS will introduce new licencing provisions, which will ban UK consumers …
Read More »ZEAL Network writes down Geonomics investment
Frankfurt XETRA listed European lottery broker ZEAL Network SE (formerly MyLotto24) has announced that it will write down its venture investment in UK lottery games operator Geonomics Ltd. Updating the market, ZEAL governance detailed that it had reviewed Geonomics growth viability and concluded that it could no longer support its investment in the business. ZEAL’s write down will see the …
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