Zeal H1 revenues up 63% but profits slide

German firm plans to ‘disrupt the lottery world’ and sees total operating performance reach €65m

Lottery betting company Zeal this morning reported a 63% year-on-year increase in revenue for H1 2017 but a dip in profits thanks to marketing and personnel costs. Total revenue hit €62.4m while EBIT decreased from €10.3m last year to €7.9m in H1, which the firm attributed to investments in marketing activities, higher personnel costs and…

Finance | Online Lottery