Lottoland launches own insurance company

New Fortuna Insurance subsidiary to underwrite all of the operator’s bookmaking risk

Lottoland has set up its own insurance company after being granted a licence by the Financial Services Commission (FSC) of Gibraltar. The newly-established Fortuna Insurance is a subsidiary of Lottoland Holdings Limited and will underwrite all the bookmaking risks of Lottoland. Lottoland founder David von Rosen told EGR the new firm would give Lottoland better…

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