ZEAL nine-month revenues up 22% to €198.8 million

In the first nine months of 2026, ZEAL Network SE, Germany’s leading online provider of lottery products, generated group revenues of €198.8 million, a year-on-year increase of 22% (2025: €162.6 million). The increase is driven by the core business of brokering state lotteries and supported by strong revenue growth from charity lotteries, the games business and the first-time consolidation of SevenCanyon (€10.5 million). EBITDA on a group level improved by 9% to €58.7 million (2025: €54.1 million) despite M&A related mid-single-digit millions of euros non-recurring expenses. “Our strategy to diversify our business is paying off.