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Zeal targets expansion with new hedging structure

19th January 2018 9:39 am GMT

Frankfurt-listed lottery betting provider Zeal Group has implemented a new hedging structure that will reduce its risk exposure by €20m over two years and also enable the company to add new partners and products to its offering.

The implementation of the company’s third collateralised hedging structure was delivered through subsidiary myLotto24 and reduces risk exposure by €10m annually by lowering self-retention from €35m to €25m.

The company said that by freeing up €10m of cash each year, it [...]

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