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Lottomatica profits soar in Q1 as revenue growth continues

10th May 2012 7:47 am GMT

Italy’s Lottomatica Group has reported an 11 per cent increase in revenues to a record €780.4m ($1.01bn) for the first quarter of 2012, following growth across all of the company’s business segments.

Despite the difficult economic environment, total revenues from Italian operations increased by 5 per cent to €481.8m, with strong growth from the company’s machine gaming and interactive divisions offsetting lower revenues from lottery and sports betting.

Q1 Italian Operations

Machine gaming wagers rose 35 per cent [...]

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