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Lotto24s is a online lottery website offering state-licensed lottery products such as lotto 6aus49, Spiel 77, Super 6, Eurojackpot and GlucksSpirale? to its customers. The company brokers lottery products via the internet and receives brokerage commissions from the lottery operators. It also operates two charity lotteries of its own.In addition to a traditional lotto service, Lotto24s offers users the option to create and manage their own private lotto syndicate. Players are able to decide whether they want to play the game alone or with up to three fellow members. Lotto24s uses its in-house developed gaming software to ensure maximum privacy for its members. The games are developed and operated entirely in Germany.Global law firm K&L Gates LLP is advising on the voluntary public takeover offer (MBO) announced by ZEAL Network SE to acquire Lotto24 AG, Hamburg, Germany, a leading digital lottery provider. The MBO would reunite the two companies with currently over five million combined users globally and current combined billings of approximately EUR 500 million.The takeover would significantly expand ZEAL’s footprint in Europe. In particular, it will enable the company to compete more effectively with established international competitors such as 888 Holdings plc, who is listed on the London Stock Exchange and has a market capitalization of around USD 14 billion.As https://zenwriting.net/powerrun20/lotto24s-kandl-gates-advising-zeal-on-the-acquisition-of-lotto24-ag , the MBO will increase ZEAL’s overall customer base in Europe to over 10 million, which would make it one of the largest lottery operators worldwide. It will also further expand its reach within key markets such as Asia-Pacific and South America.Lotto24s has adapted its Eurojackpot game to allow for a multiplayer feature. Now players can form their own lotto syndicates, name them and invite friends to join. Each member of the syndicate buys two Eurojackpot playing fields and selects their numbers themselves, which increases the number of winning tickets and the likelihood of a jackpot win.With analysts projecting triple digit earnings growth this year, investors are eager to see if the company can deliver on its promises. We can evaluate the company’s ability to meet expectations by evaluating its profit margin.