Italy’s Lottomatica Group said Monday that it expects to record lower than expected net profit for the full 2010 year, primarily as a result of impairment losses worth approximately €51m associated with its GTECH G2 interactive division.
Lottomatica said that its preliminary 2010 results were in accordance with full-year guidance, with revenues increasing 6 per cent to €2.3bn for the year ended December 31st, following growth across all business segments.
The company generated EBITDA of approximately €812m, [...]
