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Zeal Network grows revenue to €22.6m in first quarter

10th May 2021 9:40 am GMT

Frankfurt-listed online lottery provider Zeal Network has posted a solid start to 2021 as revenue increased by 19 per cent to €22.6m in the first quarter of the year.

Total billings were up 17 per cent year-on-year at €163.3m, despite the market environment for lotteries in its core market of Germany being comparatively weak, with the average jackpot for the Lotto 6aus49 game falling to €5.7m and failing to exceed the €20m mark.

Despite this, the operator [...]

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