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Lottomatica swings to profit as revenue surpasses €1bn

28th November 2022 10:38 am GMT

Italian gaming operator Lottomatica has recorded strong growth for the nine-month period ended 30 September, with revenue climbing 122 per cent to €1.03bn.

The year-on-year growth was driven by strong performances from the company’s retail operations, with the comparable period last year negatively impacted by strict covid-related closures until the end of May 2021.

Revenue from Lottomatica’s Gaming Franchise division rose 169 per cent to €525.7m, comprising Amusement With Prizes (AWP) revenue of €196.4m, Video Lottery Terminal [...]

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