{"id":281,"date":"2024-06-28T22:38:02","date_gmt":"2024-06-28T19:38:02","guid":{"rendered":"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/"},"modified":"2024-06-28T22:38:02","modified_gmt":"2024-06-28T19:38:02","slug":"zeal-reports-66-earnings-surge-in-first-nine-months-of-2022","status":"publish","type":"post","link":"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/","title":{"rendered":"Zeal Reports 66% Earnings Surge in First Nine Months of 2022"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/o8hZ4T53TUI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Zeal Network experienced a substantial 66% increase in earnings during the initial nine months of 2022, attracting over half a million new registered members, fueled by a streak of profitable prizes.<\/p>\n<p>In a financial report, Zeal stated that a series of significant wins earlier this year, encompassing numerous record-breaking prizes in the Lotto 6aus49 and Eurojackpot lotteries, resulted in a surge in new participants.<\/p>\n<p>In comparison to 2021, where &#8220;the frequency of larger prizes&#8230;returned to the typical average,&#8221; transaction volume expanded by 10% in the initial three quarters of the year, reaching \u20ac544.4 million (\u00a3476 million\/$542 million), propelling a 14% rise in revenue to \u20ac74.5 million.<\/p>\n<p>The first three quarters witnessed 501,000 new registered members, a 12.3% year-over-year increase, with Zeal expressing confidence in the lottery industry&#8217;s &#8220;robustness&#8221; within the broader online commerce environment, which has been impacted by inflation and diminishing purchasing power.<\/p>\n<p>The provider also recently announced a public tender offer, concluding on November 29, 2022, to buy back up to 3.2% of its share capital, aiming to further bolster its financial prospects. <\/p>\n<p>Zeal is pleased with its continuous growth, a testament to the successful strategies implemented in the initial nine months of 2022. This progress is evident in both customer acquisition and performance enhancements, according to Jonas Mattsson, Zeal&#8217;s Chief Financial Officer.<\/p>\n<p>The company&#8217;s share repurchase program aims to refine its capital structure. Zeal is also committed to expanding its reach through strategic partnerships, targeting new customer segments.<\/p>\n<p>Zeal&#8217;s net income surged from \u20ac7.3 million to \u20ac12.1 million, while pre-tax profit climbed 25% to \u20ac22 million.<\/p>\n<p>Despite the impact of rising customer acquisition expenses on profitability, the cost per lead rose by 32% to \u20ac36.42. Marketing expenditures increased by 29% to \u20ac24.1 million, primarily due to special promotions for free and social lotteries. The company also reported a 22% increase in other operating expenses, reaching \u20ac40.6 million, attributed to intensified marketing campaigns.<\/p>\n<p>Based on average prize projections, Zeal anticipates revenue of at least \u20ac105 million and profit of at least \u20ac30 million in 2022.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zeal Network experienced a substantial 66% increase in earnings during the initial nine months of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Zeal Network Soars: 66% Earnings Jump!<\/title>\n<meta name=\"description\" content=\"Zeal Network sees a massive 66% earnings increase in 2022, driven by record-breaking lottery wins and a surge in new members.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Zeal Reports 66% Earnings Surge in First Nine Months of 2022\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Zeal Network sees a massive 66% earnings increase in 2022, driven by record-breaking lottery wins and a surge in new members.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Lovers Find Their Thrills | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T19:38:02+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/\",\"url\":\"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/\",\"name\":\"Zeal Network Soars: 66% Earnings Jump!\",\"isPartOf\":{\"@id\":\"https:\/\/shazamcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T19:38:02+00:00\",\"dateModified\":\"2024-06-28T19:38:02+00:00\",\"author\":{\"@id\":\"https:\/\/shazamcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Zeal Network sees a massive 66% earnings increase in 2022, driven by record-breaking lottery wins and a surge in new members.\",\"breadcrumb\":{\"@id\":\"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/28\/zeal-reports-66-earnings-surge-in-first-nine-months-of-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/shazamcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Zeal Reports 66% Earnings Surge in First Nine Months of 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/shazamcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/shazamcasinonodepositbonus.icu\/\",\"name\":\"Where Casino Lovers Find Their Thrills | Licensed &amp; Trusted\",\"description\":\"Indulge in the thrill of online gambling with our comprehensive news, detailed game reviews, and informative insights. 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