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Eesti Loto's profit fell by 2.1 million euros

Прибыль Eesti Loto упала на 2,1 миллиона евро

Eesti Loto's net profit in 2023 amounted to 12.4 million euros, which is 2.1 million euros less than the year before. According to the state-owned company, the results were affected by the ongoing economic downturn and the high level of Euribor. Eesti Loto lottery tickets. Eesti Loto lottery tickets. Photo: Marko Saarm

Eesti Loto's net profit in 2023 amounted to 12.4 million euros, which is 2.1 million euros less than the year before. According to the state-owned company, the results were affected by the ongoing economic downturn and the high level of Euribor.

Translation: Karoliina Vertyaeva

The lottery company's sales revenues increased slightly over the year. In 2023, they amounted to 88 million euros, while a year earlier – 86.5 million euros, as follows from the company's annual financial report.

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