Lottoland will create its own insurance company

The Gibraltar operator of online lotteries Lottoland received a license from the Financial Services Commission of Gibraltar (FSC) to create an insurance company. This is the first time in the history of the gambling industry when an operator receives such permission.

The Lottoland branch will be named Fortuna Insurance PPC Limited. The company will provide insurance services for all risks associated with the bookmaker industry.

Lottoland operates in more than 10 regulated markets around the world and has licenses from Gibraltar, the UK, Ireland, Australia. In July, Lottoland made a deal with William Hill’s BC to launch a lottery platform.

Check Also

Lottomart Nailed It

Lottomart and Nailed It! Games Launch Custom Goal Bonanza Slot

Nailed It! Games and Lottomart have announced the release of a co-branded edition of the …

Firerose Studio RubyPlay

Firerose Studio by RubyPlay: Custom Casino Games for Operators

RubyPlay has introduced Firerose, a new studio focused on developing casino games tailored specifically for …