Lottoland: Australian lottery betting company makes $1 million a week

Lottoland: Australian lottery betting company makes $1 million a week

ONE Tuesday around this time last year, businessman Luke Brill was riding the bus on his way to work with his earphones in, half-listening to Triple J, when he heard something that made him pay attention.

The station’s breakfast presenters were talking about the upcoming US Powerball jackpot — a multi-billion dollar lottery draw that was set to break records and become the biggest cash giveaway of all time.

What they didn’t mention, and what no one knew at the time, was that the draw would also lead to the launch of a massive business which in 12 months’ time would be on the way to revolutionising the gambling industry in Australia while raking in more than a million dollars a week.

That business is Lottoland, and Mr Brill is its managing director.

You’ve probably heard of the online lottery betting company by now — its branding is everywhere. The Gibraltar-owned business’s Australian arm has taken out advertising space across television networks in prime-time periods and secured significant sponsorship deals with major sporting events.

But a year ago, no one had heard of its gambling model, and for good reason — it didn’t exist.

Source: Lottoland: Australian lottery betting company makes $1 million a week