Italy’s Lottomatica Group said Tuesday that it expects to report a 3 per cent increase in total revenues to €3,076m for the full 2012 year, at the upper end of the company’s guidance range for the year.
Lottomatica said that higher revenues, operational efficiencies and lower capital expenditures continued to drive improved year-on-year financial performance.
2012 Preliminary Results
Revenues for Lottomatica’s Italian operations were solid despite the unfavourable economic climate. Results were impacted however by increased VLT taxation, [...]
