DGAP-News
ZEAL to go live in Norway and the Netherlands
DGAP-News: ZEAL Network SE / Key word(s): Product Launch ZEAL to go live in Norway and the Netherlands |
- In Norway, Lottovate (a wholly owned subsidiary of ZEAL) is to launch an innovative charity lottery in collaboration with UNICEF Norway
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- In the Netherlands, ZEAL receives its first full lottery operator licence
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- Both initiatives represent landmark events for Lottovate in its international strategy
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(London, 24 April 2017) Lottovate Limited in Norway and Lottovate Nederland B.V. ("Lottovate Netherlands"), both wholly-owned subsidiaries of ZEAL Network SE, are about to launch innovative lottery products in their respective markets.
In Norway, Lottovate has entered into a partnership with one of the world's largest charities, UNICEF. The Norwegian Regulator has approved the Lottovate/UNICEF Norway application, making Lottovate one of only two operators to be granted a charity lottery licence in this country. The new licence allows Lottovate/UNICEF Norway to operate a nationwide charity lottery for a period of nine years. Lottovate will act as a full service provider for UNICEF Norway and will offer a high frequency win game, which is played entirely online and is designed to be mobile-first. A significant portion of the proceeds of this charity lottery will go to good causes. The proceeds will be used by UNICEF Norway to fund various activities globally, e.g. vaccination programmes, access to clean water and the building of schools and school systems. The collaboration between UNICEF Norway and Lottovate is based on UNICEF's outstanding reputation as a non-profit organisation and ZEAL's extensive experience as a provider of online lotteries. The launch of the new lottery is expected in the second quarter of 2017.