Company Directory - MyLotto
Company Details - MyLotto
MyLotto
WebsiteMyLotto is an online platform that enables users to purchase lottery tickets and check lottery results. It offers a convenient and user-friendly interface for lottery enthusiasts to participate in draws online.
CCI Score
CCI Score: MyLotto
47.62
-0.01%
Latest Event
Lotto NZ FY24 Integrated Report: A Showcase of Responsible Gaming and Community Commitment
The FY24 Integrated Report details robust financial performance, transparent governance, a comprehensive responsible gambling framework, extensive harm minimisation measures, and a commitment to channeling 100% of profits back into New Zealand communities. These practices underscore ethical business operations and a positive community impact, with no evidence of fostering authoritarian policies.
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LEADER
MyLotto is currently rated as a Leader.
Latest Events
- JUN302024
The FY24 Integrated Report details robust financial performance, transparent governance, a comprehensive responsible gambling framework, extensive harm minimisation measures, and a commitment to channeling 100% of profits back into New Zealand communities. These practices underscore ethical business operations and a positive community impact, with no evidence of fostering authoritarian policies.
- OCT062023
An analysis of the 2022/23 integrated report reveals that the company demonstrates robust responsible gambling practices, transparent governance, and significant community funding initiatives. While the core business model rests on gambling – which can have adverse impacts on vulnerable communities – the extensive harm minimisation efforts, digital transformation, and structured community reinvestments mark a positive commitment to ethical responsibility and social accountability.
+10
Public and Political Behavior
March 22
Public and Political Behavior: The report shows solid transparency in corporate governance and clear adherence to regulatory frameworks. There is little evidence of overt political contributions or lobbying; the focus remains on responsible operations and accountability, resulting in a mildly positive rating.
+50
Business Practices and Ethical Responsibility
March 22
Business Practices and Ethical Responsibility: The company prioritizes responsible gambling initiatives, harm minimisation, and reinvests profits into community projects. While the underlying gambling business model raises concerns regarding exploitation of vulnerable groups, the robust measures implemented and high levels of transparency moderate these risks.
+20
Technology and Services Impact
March 22
Technology and Services Impact: The company is investing in upgrading its digital platforms (e.g. EDGE Programme) and enhancing its technological infrastructure, which supports responsible gambling measures and more integrated customer experiences. These efforts, while modernising operations, also contribute to a more secure and user-conscious digital service.
+30
Economic and Structural Influence
March 22
Economic and Structural Influence: Through the distribution of profits to community funding and significant investments in social projects, the company exerts a positive economic influence. While the gambling model may have structural downsides by potentially targeting vulnerable groups, the reinvestment back into communities provides a mitigating social benefit.
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