Zeal Networks has increased its financial projections for 2020 after a strong first half of the year saw a significant increase in billings, and the business exceed its full-year target for new customer sign-ups in Germany.
Spain’s initiation of a countrywide lockdown in a bid to halt the spread of novel coronavirus (Covid-19) has prompted state-owned lottery operator Sociedad Estatal Loterías y Apuestas del Estado (SELAE) to suspend all ticket sales.
The delay in the launch of the competition for the fourth UK National Lottery licence has been criticised by potential bidders, who say it reduces the chances of a serious challenge to Camelot’s tenure.
A number of high-profile gaming businesses look set to compete in the tender process, which could see the contract to operate the UK National Lottery wrestled away from long-term incumbent Camelot for the first time.
Online lottery brokerage Zeal Network has warned that full-year revenue and earnings are likely to fall significantly from the prior year, following its acquisition of Lotto24 and the pivot of its Tipp24 business from lottery betting to brokerage.
Norway’s gambling regulator Lotteri-og stiftelsestilsynet (Lottstift) has removed 211 voluntary organisations from its register of operators approved to operate lottery and bingo games for charitable purposes after they failed to meet a deadline to report their accounts.
The Brazilian lottery market has reported a 52.6% year-on-year increase in revenue for the second quarter of 2019, with the market benefitting from the contribution from the Mega-Sena game more than doubling over the period.