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Zeal sees revenue and profit grow in strong first quarter

4th May 2018 8:44 am GMT

Frankfurt-listed lottery specialist Zeal Group has reported a 64 per cent increase in revenue to €38.7m for the first quarter of 2018, helping the company post net profit of €6.4m for the period.

Billings increased by 6 per cent year-on-year to €72.8m, with growth primarily associated with instant win games and betting on US lottery products Powerball and Mega Millions, which encouraged higher customer spend. During Q1 average billings per user increased by 7 per cent [...]

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