Lot­toland seeks deal with agents

Port Douglas & Mossman Gazette - - NEWS - Sarah-Jane Tasker

LOT­TOLAND Aus­tralia, un­der siege by gov­ern­ments push­ing to out­law the com­pany, has ex­tended a rev­enue­shar­ing “olive branch” to newsagents to win sup­port for the on­line wa­ger­ing busi­ness.

The com­pany has pro­posed what it calls a “world-first” part­ner­ship model with newsagents that could see them take a 10 per cent cut of every bet one of their cus­tomers makes with Lot­toland.

The Aus­tralian Lottery and Newsagents As­so­ci­a­tion has dis­missed the of­fer as disin­gen­u­ous.

It has ar­gued the on­line book­mak­ing site threat­ens the state tax rev­enue gen­er­ated by lotteries and will hurt newsagents. State gov­ern­ments have got be­hind the cam­paign and promised to leg­is­late to ban the com­pany.

Luke Brill, chief ex­ec­u­tive of Lot­toland, said he had lis­tened to newsagents and cre­ated a rev­enue-shar­ing model, recog­nis­ing they needed to work to­gether.

“This model com­ple­ments in-store lottery pur­chases and opens a chan­nel for th­ese busi­nesses to ben­e­fit from the emerg­ing pool of on­line-only pun­ters.”

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