Zeal Community sees revenue slide as first quarter income drops 48%

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Frankfurt-listed on-line lottery supplier Zeal Community has reported a 48 per cent drop in income to €19m for the primary quarter of 2020.

The corporate mentioned that the income decline was attributable to anticipated income dis-synergies in reference to its latest enterprise mannequin change. This meant that the comparable interval’s outcomes included the secondary lottery enterprise which was discontinued final October, whereas Lotto24’s on-line lottery brokerage enterprise was not included.

General, whole billings have been up 108 per […]

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