German lottery group ZEAL Network has confirmed a new member of its supervisory board, Dr. Hans-Holger Albrecht, as it presses ahead with delivery of its 2026 strategy.
Albrecht was appointed to the board by court order in early April, following the supervisory board and management board’s request. He replaces Peter Steiner, who resigned in May.
The firm believes that its new board member’s experience with the likes of RTL Group, the Luxembourg-based entertainment firm which runs 52 TV channels across Europe, will prove valuable to its business.
He has also been Chairman of the board at Superbet, a Romanian-founded betting and gaming operator which is the market leader in its home country as well as a formidable force in Brazil.
Finally, Albrecht is also Chairman of the supervisory board of Scout24, a German online platform for commercial real estate. He is a law graduate from the University of Freiburg.
“We are delighted to welcome Hans-Holger Albrecht to the Supervisory Board of ZEAL Network SE,” said Carola Gräfin von Schmettow, Chairwoman of the Supervisory Board of ZEAL Network SE.
“With his extensive international management and supervisory board experience, he will provide valuable impetus for ZEAL’s continued growth strategy.”
The board appointment comes just a couple of weeks after ZEAL published its Q1 operating results, revealing yet another quarter of revenue growth – specifically 6% year-over-year to €54.3m (£46.9m).
ZEAL has also been busy expanding its reach in charity lotteries. The firm launched its third charity product in early Q2, the Traumautoverlosung (Dream Car Raffle), taking the platform live in April.
“We are delighted to continue ZEAL’s success story together with our shareholders,” said Dr. Stefan Tweraser, Chief Executive Officer of ZEAL Network, commenting after Albrecht’s appointment.
“The increased basic dividend underlines the strong development of our business and our commitment to allowing our shareholders to participate in the company’s success.
“At the same time, we are driving the strategic evolution of our business model forward: through the targeted expansion of our offering – for example through the Dream House Raffle and Dream Car Raffle – we are diversifying our business, unlocking additional growth potential and creating the foundation for sustainable growth beyond the traditional lottery brokerage business.”