Tipp24 - An Internet Success Story
Tipp24 AG was founded in 1999 by Marc Peters and Jens Schumann.
With total billings of 204.7 million in 2005, Tipp24 believes that it has
a leading market position as an online broker of state-owned lottery products
in Germany (billings-based assessment). Since 2002, the number of our
registered customers has increased by more than 40% p.a to more than 1.3
million (as at: 31.December 2005). Tipp24 AG is a Germany-based provider of
lottery services that markets state-licensed and guaranteed gaming products via
electronic media, especially the Internet, which is based in Hamburg. The
service portfolio is comprised of products of the Deutsche Lotto- and
Totoblock, class lotteries, the German television lottery and value-added
combined products. Through the Company's Website, www.tipp24.de, customers can
take part in almost any type of state lottery games, as well as sports betting,
the Gluecksspirale game and online lottery scratch cards. Daily and weekly
draws for cash prizes are other Company's flagship products. As of December 31,
2006 approximately 1.8 million customers were registered with Tipp24. It has
three wholly owned subsidiaries, including GSG Lottery Systems operating on
German market; Ventura24, present on Spanish market, and Italian Puntogioco24,
which is active in Italy.
New Online
Gaming Portal Tipp24games Launched HAMBURG, Germany
(September 26, 2008) -- Starting today gaming fans can test their skill and
general knowledge in direct competition with other players at
www.tipp24games.de. Even small betting stakes are possible. Seven games are
currently available from puzzles to a general knowledge quiz all
featuring lovable and highly distinctive characters................Subscribers
Tipp24s Online Lottery
Brokerage Still Allowed in Berlin HAMBURG, Germany
(September 24, 2008) -- At the Administrative Court of Berlin, Tipp24 AG has
recorded an important victory in its fight against the new State Treaty on
Gaming. The Administrative Court decided against the federal state of Berlin,
stating that...................Subscribers Michael Schuller Takes Over as
Technical Manager at Tipp24 AG HAMBURG, Germany (September
10, 2008) -- As of 1 September 2008, Michael Schuller (39) has assumed the
position of Technology and Operations Manager at Tipp24 AG in Hamburg. In this
role, he will be responsible...............Subscribers
Federal Constitutional
Court Declares the Regional Principle With Regard to the Lotto as
Unconstitutional HAMBURG, Germany (August 14, 2008) --
Todays ruling by the Federal Constitutional Court (BGH) has overturned
the regional principle, a key element in the State Treaty on Lotteries (GlStV),
and hence reinforced the position of Tipp24..............Subscribers
Tipp24 AG - Report on the
First Half-Year 2008 GERMANY (August 4, 2008) -- The ongoing
intensive political and legal discussions concerning Germanys gaming
market served to dampen the growth of Tipp24 AG in the first half of
2008...............Subscribers
Annual Shareholders'
Meeting of Tipp24 AG HAMBURG, Germany (May 29, 2008) -- The
third Annual Shareholders' Meeting of Tipp24 AG was held on 29 May
2008.............Subscribers
Tipp24 AG Completes Share
Buyback Program HAMBURG, Germany (May 14, 2008) -- Tipp24 AG
has completed the share buyback programme that started on 8 October
2007...................Subscribers
Tipp24 First-Quarter Profit
Rises 15% on Rising Internet Gambling Revenue HAMBURG,
Germany (May 5, 2008) -- In the first three months of its fiscal year 2008,
Tipp24 AG raised earnings before interest and taxes (EBIT) by 22.3 percent to
EUR 2.7 (2.2) million, compared with the same period last year. The EBIT margin
fell by.................Subscribers Fiscal Year 2007 -- Tipp24 Maintains Dynamic Growth
Course HAMBURG, Germany (March 27, 2008) -- Tipp24 can look
back on a successful fiscal year 2007, during which its customer base grew by
574 thousand to 2.34 (prior year: 1.77) million. The main driver was
Germanys highest-ever lottery jackpot (EUR 43 million). On the day of the
record jackpot draw alone, some 42 thousand new customers registered on the
German website of Tipp24 AG ..............Read
the full story at: Vol.43 No.1 Tipp24 AG Prolongs Share Buyback Program
HAMBURG, Germany (March 26, 2008) -- The Executive Board of Tipp24 AG has
adopted a resolution to prolong the share buyback program launched on 8 October
2007 and originally limited until 31 March 2008.............Subscribers Tipp24 AG Announce Changes in Executive Board
Two New Members of the Executive Board
Founder Jens Schumann appointed Chairman of Executive Board
HAMBURG, Germany (March 27, 2008) -- Effective 1 April 2008, the
Supervisory Board of Tipp24 AG has decided to expand the Executive Board with
the addition of two new seats. The expansion reflects the growth and strategic
alignment of the Group. There will also be a reallocation of
responsibilities...................Subscribers Tipp24: Consolidated Net Profit 2007 Exceeds Own
Forecasts HAMBURG, Germany (February 22, 2008) -- Despite
the difficult political situation at present, Tipp24 achieved further growth in
its fiscal year 2007. The Hamburg-based company raised the number of registered
Group customers by 574 thousand...............Read the full story at: Vol.42 No.9
New Education Project generation@
Launched in Hamburg Tipp24 AG has set
itself the task of ensuring youngsters know all about the internet
The partners are BürgerStiftung Hamburg and Genety
e.V. HAMBURG, Germany (February 11, 2008) -- Today sees the launch
of a new education project in Hamburg. generation@, a joint initiative of
BürgerStiftung Hamburg, Genety e.V. and Tipp24 AG, is the first project of
its kind in Germany................Read the full
story at: Vol.42 No.7 European
Online Lotterys UK Subsidiary Appoints Agency to Handle £4.2m
Digital Account LONDON, UK (January 16, 2008) -- MyLotto24,
the UK subsidiary of European online lottery firm Tipp24 AG, has appointed
Profero to handle its £4.2m digital media account, leading UK industry
source.................Subscribers
Over 100 Million in Total Paid Out to
Tipp24 Online Lottery Players HAMBURG, Germany (January 3,
2008) -- With four new millionaires and more than 3.4 million lottery winners
in total, Hamburg-based Tipp24 AG boasts an impressive number of lucky winners
in 2007................Read the full story at:
Vol.42 No.1
Tipp24 Plans To
Continue Online Lottery Service HAMBURG, Germany (December
27, 2007) -- Tipp24, the German online national lottery company, is planning to
continue its business after the new state gaming agreement..............Subscribers State Treaty on Gambling Not Legally
Tenable Tipp24 AG Hopes To
Continue Its Internet Business HAMBURG, Germany (December
19, 2007) -- On the 19 December 2007 it was announced that the parliaments of
all the German states have apparently agreed to the State Treaty on Gambling.
However, the Hamburg company Tipp24 AG does not think that its commercial
existence is under threat.............Subscribers
Tipp24.de Customer Cracks The Mega Jackpot On The
Internet GERMANY (December 5, 2007) -- Millions of people
purchased their lotto tickets over the past few days in the hopes of cracking
the mega jackpot of 43 million euros. A long-time Tipp24.de customer managed to
do it..........Read the full story at: Vol.41
No.11 Big Rush on Internet Lotto
- Four Winners With Six Correct Numbers at Tipp24.de Alone
HAMBURG, Germany (December 2, 2007) -- No need to stand in line at the
lotto kiosk despite the big rush for the mega jackpot over the past few
days more and more lotto players have discovered this way of playing lotto for
themselves.............Read the full story at:
Vol.41 No.11 Tipp24 AG Unveils New
British Lottery Offering LONDON, United Kingdom (November
13th, 2007) - Tipp24 AG, the European market leader in the online lottery
industry, today announced the launch of its UK offering...........Subscribers
Petra von Strombeck New Head of Marketing at
Tipp24 AG HAMBURG, Germany (November 7, 2007) -- Petra von
Strombeck (38) has been appointed head of marketing at Tipp24 AG with effect
from 1 November. Von Strombeck is responsible for both the Marketing and
Product Management divisions.................Read
the full story at: Vol.41 No.7 German Lottery Company Tipp24 AG Announce Quarter Results -
Record Result in Third Quarter 2007 Tipp24 Expands
Foreign Business Launch in UK HAMBURG, Deutschland
(November 2007) -- Tipp24 is to enter the UK market as a supplier of European
lotteries under the web address www.mylotto24.co.uk on 6 November
2007...................Read the full story at:
Vol.41 No.7 New Investor is Not
Currently Contemplating a Takeover GERMANY (October 30,
2007) -- Günther Holding, Hamburg, has announced via a press release that
it has indirectly acquired 11.8 % of the share capital of Tipp24
AG.............Subscribers Gunther Holding Unveiled as New Major Shareholder at
Tipp24 GERMANY (October 31, 2007) -- German investment
company Gunther Holding has been announced as the new major shareholder in
German online lottery service provider Tipp24. ..............Subscribers Unknown Investor Shows Interest in Online Lottery Service
Provider GERMANY (October 30, 2007) -- Tipp24, the German
online lottery service provider, has said that an unknown investor is
attempting to acquire shares in the company on a large scale..............Subscribers Possible Attempt To Take Over Tipp24 AG
GERMANY (October 26, 2007) -- Earlybird Venture Capital GmbH & Co. KG
has informed Tipp24 AG that two investment companies associated with Earlybird
have sold their holdings amounting in total to just under..............Subscribers Tipp24 AG Decides Further Share Buyback
HAMBURG, Germany (October 5, 2007) -- Tipp24 has decided to carry out a further
share buyback programme. The current regulatory discussions provide favourable
economic conditions at present for this resolution of the Executive
Board............Subscribers Tipp24 AG: Dynamic Growth Unbroken HAMBURG,
Germany (August 6, 2007) -- The Tipp24 Group continued its dynamic growth
course in the first half of its fiscal year 2007: billings (+ 18.9 percent) and
revenues (+ 17.1 percent) grew strongly during the reporting
period...........Read the full story at: Vol.40
No.7 Online Lottery Service
Provider Abandons Plans For Takeovers GERMANY (July 25,
2007) -- Tipp24, the German online lottery service provider, has abandoned
plans for takeovers owing to..........Subscribers
Tipp24 AG: Billings And Revenue Up Despite
Adverse Market Conditions HAMBURG, Germany (July 24, 2007)
-- Despite ongoing legal discussions and the lack of major jackpots, Tipp24 AG
succeeded in raising billings mainly remitted stakes by 18.9
percent to EUR 139.6 (117.4) million in the first half of the
year...........Subscribers Tipp24 Welcomes Clear Decision by OLG
Dusseldorf HAMBURG, Germany (June 8, 2007) -- On 8th June
2006, OLG Dusseldorf confirmed the 23rd August 2006 decision by the Federal
Cartel Office, according to which the Deutsche Lotto- und
Totoblock (German Lottery and Toto Group) group treaty violates EC
law..........Subscribers Internet Lottery Leader Tipp24 Relies on Political Common
Sense HAMBURG, Germany (May 24, 2007) -- The second Tipp24
AG annual general meeting took place on 24 May 2007 in the Hotel Le Royal
Meridien in Hamburg. Around 50 shareholders and guests took part in the
event............................Read the full
story at: Vol.39 No.9 Report on
the first quarter of 2007 Tipp24 posts its best-ever quarterly EBIT
result HAMBURG, Germany (May 8, 2007) -- In the first
quarter of its fiscal year 2007, the Tipp24 Group raised earnings before
interest and taxes (EBIT) by 34.0 percent to around EUR 2.2 million (prior
year: 1.6)..............................Subscribers Change in the management board of Tipp24 AG
HAMBURG, Germany (May 8, 2007) -- Marc Peters, co-founder and longstanding
member of the Tipp24 AG management board, is leaving the management board at
his own request..........................Read the
full story at: Vol.39 No.7 Tipp24
Once Again Posts Record Earnings HAMBURG, Germany (March
26, 2007) -- The Tipp24 Group added a new chapter to its success story in 2006.
There was a strong increase of 448 thousand in the number of registered
customers to 1,770 (prior year: 1,322) thousand, due largely to a favorable
jackpot situation in the second half of the
year...........................................Read the full story at: Vol.39 No.1
Tipp24 AG: Planned State Contract About
Gambling De Facto Obsolete Following Placanica Judgement
European Court of Justice Liberalizes European Gambling
Market HAMBURG, Germany (March 6, 2007) -- The judgement about the
Placanica case that has been pronounced today by the European Court of Justice
makes ratification of the planned state contract about gambling de facto
obsolete.......................Subscribers Tipp24 Gains SevenOne Interactive as Cooperation
Partner HAMBURG, Germany (February 19, 2007) -- With
immediate effect, the Hamburg-based company Tipp24 AG is to cooperate with
SevenOne Interactive, the online and multimedia marketing subsidiary of the
ProSiebenSat.1 Group............................Read the full story at: Vol.38 No.9
Tipp24 Earnings for 2006 Higher Than
Expected HAMBURG, Germany (February 12, 2007) -- Tipp24
continues growth path in the 2006 fiscal year and exceeds expected
earnings.............................Subscribers
Tchibo and
Tipp24 to Sell Lottery Tickets Together HAMBURG, Germany
(December 19, 2006) -- The Hamburg-based companies Tchibo GmbH and Tipp24 AG
are to offer a lottery product exclusively for Tchibo customers as of December
29, 2006. The new product will be available at all of Tchibos approx.
1,000 stores throughout Germany as well as via
www.tchibo.de..............................Read
the full story at: Vol.37 No.12 Online Lottery Provider Benefits From Record Lotto
Jackpot GERMANY (November 7, 2006) -- The German online
lottery provider Tipp24's performance and turnover in the third quarter has
been boosted by a record lottery jackpot. From July to September, the ebit
increased compared with last year by 45 per cent to 2.1m euros, thereby
attaining the highest quarterly value to date..........................Subscribers 
|