ZEAL Network SE has been granted a follow-up licence to broker lotteries in Germany for its subsidiary LOTTO24 AG.

The responsible gambling authority has informed LOTTO24 today that the company may continue to broker lottery products nationwide beyond 30 June 2022 in accordance with the new State Gambling Treaty (GlüStV). The licence is valid for seven years and expires on 30 June 2029.

The licence is the first one under the new State Treaty on Gambling, which came into force on 1 July 2021. LOTTO24 AG’s previous licence, dated 26 July 2017, was extended until 30 June 2022 when the new GlüStV came into force.

“We are pleased about the trust of the federal states” explained Dr. Helmut Becker, CEO of ZEAL. “The licence duration of seven years underlines the company’s reliability under administrative law, which has already been proven for ten years.”