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Solid quarter for Lottomatica as Online drives growth

17th May 2023 9:01 am GMT

Leading Italian betting and gaming operator Lottomatica has reported a 20 per cent increase in first quarter revenue to €422 million in its maiden results as a publicly-listed company.

Total amounts bet rose by 33 per cent compared to last year to €7.3 billion, of which more than half was derived Online as turnover rose 70 per cent to €3.7 billion following the acquisition of Betflag.

Turnover from Lottomatica’s Gaming Franchise segment was up 5 per cent [...]

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