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Zeal Network’s first half revenue boosted by Lotto24 acquisition

14th August 2019 11:20 am GMT

Frankfurt-listed online lottery provider Zeal Network has reported a 6 per cent increase in total revenue to €79.3m for the first six months of 2019, with growth driven by a positive contribution from newly acquired Lotto24.

Total billings were up 26 per cent year-on-year to €179.4m following the acquisition of Lotto24, which contributed billings of €41.3m during the period, with growth partly offset by the closure of Lotto Network and Ventura24 in November and December of [...]

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