ZEAL Receives License to Offer Virtual Slot Games in Germany
- The German National Gambling Authority (GGL) grants subsidiary LOTTO24 AG license to offer virtual slot games
- Entry into a new market segment marks important strategic milestone
- Go Live in a few weeks in the LOTTO24 web shops
Hamburg, April 12, 2023 – The ZEAL group has received the license from the German National Gambling Authority (GGL) to offer virtual slot games (online games). The subsidiary LOTTO24 AG is now allowed to offer online games for new customers in its web shops (LOTTO24, Tipp24). With this permission, the market leader for online lotteries is entering a new market segment in Germany and has reached an important strategic milestone.
Diverse portfolio for new customers
The diverse portfolio will go live in a few weeks. With this offer, ZEAL is tapping into a market segment in which the company already has years of experience. In the past, the offer of online games in other international markets was an important business segment for the ZEAL group. In addition, ZEAL has already established B2B cooperations with third-party providers such as the American full-service lottery provider Park Avenue Gaming, offering a broad portfolio of different games.
“We are very pleased about the trust placed in us by the national authority and are eager to be able to offer our online games very soon,” said Helmut Becker, CEO of ZEAL. “With this license, we reach an important milestone in our business strategy. We are convinced to be able to offer interested customers out there a great portfolio and new gaming experience.”
“Online games are becoming increasingly important and have established themselves in the international lottery and gaming industry,” said Julian Tietz, Managing Director, ZEAL Instant Games. “We are proud to finally offer our games in Germany after successful international collaborations.”
ZEAL Network SE is the leading German provider of lotteries on the Internet. Via the LOTTO24 and Tipp24 portals of its subsidiary LOTTO24, the company brokers customers’ tickets to the state lottery companies and to organizers of social lotteries. The product range includes LOTTO 6aus49, Spiel 77, Super 6, Eurojackpot, GlücksSpirale, lottery syndicates, Keno, the German TV lottery, scratch games, the German Dream House lottery and freiheit+. Founded in Germany in 1999, ZEAL started out as a German lottery broker under the name Tipp24. In 2005, the company went public on the Frankfurt Stock Exchange (Prime Standard) as one of the most successful IPOs in Germany at the time. In 2019, ZEAL took over LOTTO24 AG.
About ZEAL Instant Games:
ZEAL Instant Games is a company of the ZEAL Group. The core of the company’s strategy is the development and publication of virtual slot games. The portfolio of ZEAL Instant Games is diverse, including Scratch, Slot games and Instant Win games. Starting in spring 2023, ZEAL Instant Games will distribute its games in the LOTTO24 web shops. In addition, the company also offers its portfolio to third-party providers. For example, ZEAL Instant Games already maintains successful partnerships with Lotto Hessen and Park Avenue Gaming.
SOURCE: ZEAL Network SE.Tags: ZEAL Network SE, Virtual Slot Games, German National Gambling Authority (GGL), Germany, LOTTO24 AG