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PRESS RELEASE: ZEAL Network SE: Tipp24 returns to German lottery brokerage

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DGAP-News: ZEAL Network SE / Key word(s): Miscellaneous
ZEAL Network SE: Tipp24 returns to German lottery brokerage

2019-10-15 / 12:13
The issuer is solely responsible for the content of this announcement.

*Tipp24 returns to German lottery brokerage*

? ZEAL completes announced business model change of the Tipp24 brand

? Tipp24 and Lotto24 official partners of the German Association of State
Lottery Companies

? Plan to relocate company's registered office to Hamburg by end of
October

(London, 15 October 2019) ZEAL Network SE, the leading online provider of
state lotteries in Germany, today returned its former Tipp24 secondary
lottery to the German brokerage business. Ten years after Tipp24 launched
its secondary lottery business from the UK, due to the statutory ban on
brokering online lotteries at the time, Tipp24 is now once again an official
partner of the German Association of State Lottery Companies (DLTB) and
brokers tickets for Tipp24 customers directly to the German state lotteries.

"We have fully implemented what we announced: as of today, Lotto24 and
Tipp24 are reunited in the German brokerage business," said Dr. Helmut
Becker, CEO of ZEAL Network SE. "We would like to thank the state lotteries
and supervisory authorities for their trust and are convinced that we can
lead the German lottery safely into the digital future as a partner of the
state lottery companies".

As part of the brokerage activities of the Lotto24.de [1], Tipp24.com [2]
and Tipp24.de [3] brands, ZEAL now generates income without any bookmaking
risk of its own. Corresponding customer winnings are now guaranteed by the
state and are paid out by the state lotteries.

As a lottery broker, the ZEAL Group also supports a large number of
charitable projects in the field of welfare, sport and culture, as well as
landmark and environmental protection in Germany. According to DLTB, around
40% of the stakes received by the state lottery companies benefited society
as a whole over the past few years in the form of taxes and duties. Lotto24
alone thus supported important social and community projects with EUR 122
million in the 2018 financial year.

After the General Meeting of ZEAL on 25 September 2019 already voted in
favour of relocating the company's registered office back to Germany with a
majority of 99.9%, nothing now stands in the way of the planned relocation
of the registered office from London to Hamburg in October 2019.

*Contact:*
Frank Hoffmann
Investor Relations Manager
T: +44 (0)20 3739 7123
frank.hoffmann@zeal-network.co.uk

_About ZEAL Network SE:_

1) _ZEAL is an international digital lottery group._

2) _The company was founded in 1999. Renamed as ZEAL Network SE in 2014. _

3) _The company is headquartered in London._

4) _Its shares are listed on the Prime Standard of the Frankfurt Stock
Exchange._

5) _Since its incorporation, ZEAL Group has generated stakes of more than
EUR3 billion and paid out more than EUR1.5 billion in winnings. _

6) _ZEAL Group includes all subsidiaries of ZEAL Network SE._

2019-10-15 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: ZEAL Network SE
5th Floor One New Change
EC4M 9AF London
United Kingdom
Phone: +44 (0)203 739-7000
Fax: +44 (0)203 739-7099
E-mail: office@zeal-network.co.uk
Internet: www.zeal-network.co.uk
ISIN: GB00BHD66J44
WKN: TPP024
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
EQS News ID: 890335

End of News DGAP News Service

890335 2019-10-15


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e410bce9b33ef258d4fc5b3d741dc437&application_id=890335&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=3c15a7e57b710f54fc888ef898c6b244&application_id=890335&site_id=vwd&application_name=news
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=0d1514a948e2d0c3e696ef07f7a8234c&application_id=890335&site_id=vwd&application_name=news


(END) Dow Jones Newswires

October 15, 2019 06:13 ET ( 10:13 GMT)
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