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Italy decline slows Lottomatica’s second quarter growth

27th July 2012 8:49 am GMT

Italy’s Lottomatica Group has reported a 6 per cent increase in revenues to €742.7m following growth from the company’s businesses outside of Italy.

Lottomatica said that the revenue growth was driven by its businesses outside of Italy and favourable exchange rates. On a constant currency basis, revenues for the quarter would have risen just 2 per cent year-on-year.

Q2 Revenues

Revenues from the company’s Italian operations fell by 2 per cent to €444.7m as a result of lower [...]

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