Put companies on watchlist
ZEAL Network SE
ISIN: DE000ZEAL241
WKN: ZEAL24
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

ZEAL Network SE · ISIN: DE000ZEAL241 · EQS - adhoc news (104 News)
Country: Germany · Primary market: Germany · EQS NID: 1602487
05 April 2023 07:15PM

ZEAL Network SE: Subsidiary LOTTO24 AG receives permission to operate virtual slot games


EQS-Ad-hoc: ZEAL Network SE / Key word(s): Product Launch
ZEAL Network SE: Subsidiary LOTTO24 AG receives permission to operate virtual slot games

05-Apr-2023 / 19:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


ZEAL Network SE: Subsidiary LOTTO24 AG receives permission to operate virtual slot games

(Hamburg, 5 April 2023) LOTTO24 AG, a subsidiary of ZEAL Network SE, has received permission from the German Joint Gambling Authority of the Federal States (Gemeinsame Glücksspielbehörde der Länder – GGL) to operate virtual slot machine games on the internet.

Following successful review of the individual games by the GGL as well as further technical implementations, ZEAL expects revenue and EBITDA contributions on a group level (taking into account effects on other products) in the low single-digit million range during the ramp-up phase in FY 2023 which has already been taken into account in the current guidance. The revenue and EBITDA contribution in subsequent years will also be dependent on the further development of the regulatory practice.

EBITDA describes earnings before the financial result, taxes, depreciation and amortisation.

Contact:
Frank Hoffmann
Investor Relations Manager
T: +49 (0)40 809036042



End of Inside Information

05-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ZEAL Network SE
Straßenbahnring 11
20251 Hamburg
Germany
Phone: +49 (0)40 8090360-42
Fax: +49 (0)40 822239-77
E-mail: frank.hoffmann@zealnetwork.de
Internet: www.zealnetwork.de
ISIN: DE000ZEAL241
WKN: ZEAL24
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1602487

 
End of Announcement EQS News Service

1602487  05-Apr-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1602487&application_name=news&site_id=boersengefluester_html
Visual performance / price development - ZEAL Network SE
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.