ZEAL Network appointed Stefan Tweraser as chief executive, with him due to take the role on 15 September, the company said. He will join the management board on 25 August, succeeding Helmut Becker, who will remain a consultant until the end of January 2026.
The dates define ZEAL Network’s CEO transition and the outgoing chief’s consultancy period.
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ZEAL Network plans to acquire the remaining shares in SevenCanyon, a UK prize draw business, for £38.6m, according to the report. SevenCanyon operates multiple prize draw platforms.
Aristocrat Interactive has expanded its agreement with ZEAL Network’s Lotto24 brand to distribute content across all 16 German states. The deal will introduce games from NeoGames Studio, with ZEAL planning to launch about 10 to 12 titles annually, the companies said.
ZEAL Network’s revenue rose 6% in the first quarter of 2026, while net income fell 16% as operating expenses increased, according to reports. The figures cover the first quarter of 2026.
Lottery provider ZEAL Network reported revenue of €218.5 million for 2025, a 16% increase, according to the report. The source gives no further financial details.
The UK government plans to introduce a voluntary code for prize-draw and competition operators later in 2025, minister Baroness Fiona Twycross said. The code will not require operators to obtain a Gambling Commission licence, and the government will consider legislation later depending on the code’s success.