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Zeal Group is looking for potential expansion markets

Frankfurt-listed European digital lottery operator ZEAL Group has reported a significant financial growth in the first half of the year.

Revenue at the lottery games company, whose divisions include Lottovate and myLotto24, was up 17% to €73m ($84.8m) in the six months to June 30, while billings also increased slightly to €141.9m.

Due to this reason, the firm is now looking to opportunities in other markets around the world. “Our UK business is performing well and has achieved the required marketing KPIs. We are now planning to move into scale testing in the near future. We are also looking into other markets”, – said Frank Hoffmann, investor relations manager at Zeal.

One area for particular optimism is Lottovate’s Raffld service in the Netherlands, which has been billed as the world’s first experience lottery. Raffid runs as a digital-first charity lottery that gives players the chance to win experiences they can share with friends.

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