$150 Million? That's cute.
How about $252 Million?

Lottery Betting a bad bet.

The Federal government united against lottery betting and it was banned on January 9th 2019.

Lottery betting companies allowed players to place a bet on the outcome of a lottery, and then they rely on an insurance policy to be able to pay large advertised winnings if any of their customers do select all of the winning numbers.

We operate our own Government approved, licensed and regulated lotteries. We purchase real matching tickets, in major regulated foreign lotteries which guarantees our capacity to pay the exact same amount of winnings.

Lottery Betting In The News

• https://www.smh.com.au/business/companies/asic-eyes-controversial-wagering-outfit-lottoland-after-complaint-20190111-p50qv9.html
• https://lawpath.com.au/blog/lottoland-under-investigation-what-the-governments-new-gambling-laws-mean-for-you
• https://www.qt.com.au/news/hung-out-to-dry-perth-couple-claim-lottoland-dudde/3376586/
• https://igamingbusiness.com/australian-parliament-approves-lottery-betting-ban/
• https://www.smh.com.au/business/consumer-affairs/questionable-methods-newsagents-set-to-take-lottoland-to-regulator-20190116-p50rqh.html