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ZEAL forecasts revenue of up to €150 million in 2024

German online lottery provider ZEAL Network has reported a 10 per cent increase in revenue to €116.1 million for 2023, including €3.0 million from its [...]

1 min read

ZEAL Network to consider dividend or share buyback as profit grows in H1

Frankfurt-listed online lottery broker ZEAL Network has reported an 11 per cent increase in first half revenue to €49.4m, alongside confirmation that its myLotto24 subsidiary [...]

1 min read

ZEAL approved to broker lotteries in Germany until 2029

Frankfurt-listed online lottery provider ZEAL Network has been granted a licence extension to broker lotteries in Germany through its LOTTO24 brand. 

The approval allows LOTTO24 to [...]

1 min read

Zeal Network appoints two to management board

German lottery broker Zeal Network board has appointed CTO Paul Dingwitz and COO Sonke Martens to its management board.

They will serve on the board alongside [...]

2 mins read

Lotto24 to delist under ZEAL Network purchase offer

Frankfurt-listed lottery provider ZEAL Network has made an offer to acquire full ownership of German online lottery supplier Lotto24.

ZEAL already owns a 93 per cent [...]

1 min read

Zeal Network posts 23% revenue decline in 2020

Frankfurt-listed online lottery provider Zeal Network is expected to report a 23 per cent drop in revenue to €86.9m for the full 2020 year.

In a [...]

1 min read

Zeal Network raises full year guidance on strong Q3 performance

Frankfurt-listed online lottery provider Zeal Network has again raised its full year guidance after recording better than expected growth during the third quarter of the [...]

1 min read

Zeal Network raises full year guidance after strong first half

Frankfurt-listed online lottery provider Zeal Network has raised its full year guidance after posting better than expected preliminary results for the first half of the [...]

1 min read

Zeal Network sees profit slide as first quarter revenue drops 48%

Frankfurt-listed online lottery provider Zeal Network has reported a 48 per cent drop in revenue to €19m for the first quarter of 2020.

The company said [...]

1 min read

ZEAL Network launches new charitable lottery in Germany

Frankfurt-listed lottery provider ZEAL Network has launched a new charitable lottery in Germany through a partnership with non-profit organisation BildungsChancen.

The new lottery freiheit+ gives players the chance [...]

2 mins read

ZEAL Network expects full year revenue to drop to €113.5m

Frankfurt-listed lottery provider ZEAL Network has reported a 27 per cent drop in preliminary revenue to €113.5m for 2019, with results impacted by a €26.3m payout from [...]

1 min read

Lotto24 appoints Carsten Muth to executive board

Zeal Network-owned online lottery provider Lotto24 has appointed in-house counsel Carsten Muth to its executive board with immediate effect.

1 min read