German online lottery provider ZEAL Network has reported a 16 per cent increase in revenue to €86.0 million for the first nine months of 2023, including the first contributions from its new online casino business.
Total billings were up 16 per cent to €633.2 million, benefiting from “attractive” jackpot phases in January, March, June and September, which led the company to increase its customer acquisition activities.
This helped ZEAL sign up 518,000 new customers during the nine-month [...]