Strong Online Growth Bolsters Overall Performance
Lottomatica Group, one of Italy’s leading gaming operators, has announced an impressive 33% year-on-year revenue increase for the first quarter of 2025, reaching €665.8m. This strong performance underscores the company’s strategic focus on accelerating digital growth while maintaining dominance in the land-based market.
The standout driver of this growth was Lottomatica’s online segment, which surged by a remarkable 59% compared to Q1 2024. Online revenue soared to €163.3m, reflecting a 21% market share in Italy’s online casino sector and 18.7% in sports betting, according to the company’s estimates. The robust digital performance is attributed to the ongoing expansion of Lottomatica’s proprietary platforms, including Goldbet and Better, as well as improved product offerings and customer engagement strategies.
Retail Betting and Gaming Maintain Solid Momentum
Lottomatica’s sports franchise division contributed €292.4m, an 18% increase, while gaming franchise revenue rose by 23% to €210.1m. The company continues to leverage its extensive retail network of over 3,000 betting shops and more than 16,000 gaming points across Italy, consolidating its position as a dominant player in both the physical and online markets.
Adjusted EBITDA also showed healthy improvement, climbing 34% to €303.2m, representing a solid margin of 45.6%. Management highlighted operational efficiency, a scalable technology infrastructure, and sustained customer demand as key factors behind this profitability boost.
Positive Outlook and Strategic Roadmap
Lottomatica CEO Guglielmo Angelozzi reaffirmed the group’s full-year guidance and expressed confidence in sustained growth through continued investment in technology, omnichannel offerings, and customer experience enhancements. The Q1 results strengthen Lottomatica’s standing following its €2.5bn IPO in 2023—the largest European gaming sector listing in recent years.
With a clear strategy and diversified revenue streams, Lottomatica appears well-positioned to maintain its upward trajectory amid evolving market dynamics and regulatory frameworks in Italy’s gambling sector.
