Zeal revenues up 19% on strong Q4 performance

Operator exceeded guidance despite “exceptionally weak jackpot environment” and higher hedging costs

Zeal Group today reported a 19% year-on-year annual revenue increase to €134.3m in its preliminary FY17 results. The operator said results exceeded guidance and were delivered in spite of an exceptionally weak jackpot environment during Q3, higher hedging costs after rule changes to EuroMillions, and significant pay-outs, including a single €15m prize in Q1. However,…

Finance | Lottery | MyLotto24 | Zeal Group