Frankfurt-listed lottery provider Zeal Network has reported a 6 per cent drop in revenue to €36.5m for the first quarter of 2019 following the closure of its Lotto Network and Spanish-facing brand Ventura24.

Zeal said that Q1 provided a solid start to the year as the company makes progress on its acquisition of Lotto24 and the transformation of its core German business to digital lottery brokerage.

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