Online Betting Good For Czech Lottery

93.7 percent y-on-y surge reported

The power and convenience of the Internet was demonstrated again this week when the Czech gambling operator Sazkapresented an operational update that showed a year-on-year increase of 93.7 percent in revenues, attributed by management to the launch of online operations.

The Prague-based firm revealed a 93.7 percent year-on-year increase in revenues from odds betting following the launch of an online service earlier last year, while high Euro Millions jackpots led to a 16.9 percent increase over the previous year in earnings from lottery activities.

The company said it had paid out more then $211 million in prizes over the course of 2009, which was an increase of 9.8 percent year-on-year.

'The overall payments for lottery and non-lottery products received at Sazka terminals reached $893 million last year, $403 million of which was revenue from betting and lottery activities while $490 million was payments for non-lottery services particularly the mobile phone top-up service, sales of tickets for sports, cultural and other events, payments by paying-in slips, invoice and insurance payments or payments for services and goods ordered over the Internet,' Zdenek Zikmund, a spokesperson for Sazka, revealed.

General Sportsbook News

Login to post a comment:


Click Here to register a new account

What's going on right now!

4mins ago someone from us flag United States read article US Supreme Court Paves Way For Sports Betting

Sports Community

Share this page on:
Follow LSB on:
Follow LSB

Join Now for full access

In the last 24h


  • New Members
  • Members Online
  • Guests

eighteen plus only

Follow LSB on Facebook Follow LSB on Twitter Follow LSB on Pinterest Follow LSB on Google plus