Lottoland establishes in-house 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 access to…

David von rosen | Lottoland | Strategy