Zeal's Revenue Rises 22%, SevenCanyon Joins the Group

German gaming intermediary Zeal Network SE reported that group revenue for the first nine months of 2026 rose 22% to 198.8 million euros (223.8 million dollars). Growth in revenue was driven by the expansion of the lottery business and the inclusion of UK-based prize draw operator SevenCanyon in the company.

The group's EBITDA rose 9% to 58.7 million euros. The company said one-off costs related to the merger and acquisition process were in the mid-millions of euros.

Zeal acquired the remaining 96.5% stake in SevenCanyon on 9 July and included the business in its third-quarter results for the first time. SevenCanyon recorded revenue of 10.5 million euros in the nine-month period. Revenue in the other segment rose 241% to 15.8 million euros, while the segment's EBITDA came to 2.6 million euros. Of this amount, 1.4 million euros came from SevenCanyon.

CEO Dr. Stefan Tweraser said the diversity of the business model supports growth and reduces the company's dependence on jackpot cycles. CFO Andrea Behrendt described the integration of SevenCanyon into the group as an important foundation for the diversification strategy.

Lottery revenue rose 16% to 170.8 million euros. Lottery sales volume rose 10% to 915.1 million euros. Zeal gained more than one million new lottery customers during the period. This figure represents a 15% increase compared with 879 thousand customers in the first nine months of 2025. Gaming revenue rose 18% to 12.1 million euros, and gaming sales volume rose 17% to 160.3 million euros.