Italian operator Lottomatica achieved significant revenue growth during the nine-month reporting period, mainly benefiting from the strong performance of its online business and a prudent acquisition strategy. The company's revenue reached 1.64 billion euros, a year-on-year increase of 16%, with the online sector making a prominent contribution, while management emphasized maintaining a strict acquisition approach to safeguard shareholder returns.
Revenue Growth and Acquisition Background
Lottomatica reported revenue of 1.64 billion euros for the nine months ending September 30, a 16% increase from the same period last year. This growth is largely attributed to the acquisition of SKS365, now known as PWO, completed in 2024, whose integration process was ahead of schedule, with synergistic effects emerging earlier than expected. Guglielmo Angelozzi, the company's chairman and CEO, pointed out that the acquisition strategy is centered on value creation and does not blindly pursue new deals.
Outstanding Online Business Performance
The online business has become the growth engine for Lottomatica, with revenue soaring 27% to 688.9 million euros, taking a dominant position. In addition to the contribution from PWO, all product lines and traditional brands achieved growth, although the 2024 European Championship had a negative impact, partially offset by the 2025 FIFA Club World Cup. Sports betting revenue grew 22% to 381.7 million euros, while gaming business grew only 2%, with revenue at 569.6 million euros. Player betting activity was active, with a total betting volume of about 324.8 billion times, of which online bets accounted for 21.63 billion times.
Financial Performance and Future Outlook
In the nine months, Lottomatica's pre-tax profit grew 59.5% to 158.4 million euros, and net profit doubled to 93.3 million euros, a year-on-year increase of 102.8%. On the expenditure side, service costs were 962.6 million euros, personnel and other costs increased, but financial expenses were saved. Angelozzi emphasized that future growth drivers include online market trends, cash flow improvement, and strict capital allocation, focusing on regulated markets in Europe and the B2C sector.
————
This article is from "PASA-Global iGaming Leader" gambling news channel:https://t.me/pasa_news
Original in-depth gambling channel:https://t.me/gamblingdeep
Free data reports: @pasa_research
PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
