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Zeal confident of future performance despite difficult Q3

10th November 2017 8:56 am GMT

Frankfurt-listed lottery broker Zeal Network has reported a 3.6 per cent fall in revenue for the first nine months of 2017, which it attributed to a combination of lower jackpots and higher-than-expected payouts.

Total revenue for the nine-month period fell year-on-year to €97.6m, as revenue climbed 24.5 per cent to €93.8m, offset by an 85 per cent fall in other operating income.

The fall in other operating income is attributed to the receipt of a special jackpot insurance payout in the prior year, and [...]

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