Lottomatica has reported a record market share in Italy's online market as it prepares for a major strategic expansion through its planned merger with Cirsa.
Lottomatica has reported a record share of the Italian online sector, as consolidated revenue rose to 1.72 billion euros in the first nine months of 2026.
Lottomatica’s latest results, which am Dienstag veröffentlicht were released, showed that the company’s online market share in Italy reached a record high of 32.4% in September.
In the third quarter of 2026, Lottomatica’s market share averaged 31.7%, representing a 0.9% year-over-year increase driven by 2.1% growth in its iSports market share. The iGaming share also rose by 0.6%.
The operator recorded wagers totaling 35.2 billion euros in the first nine months of 2026, an 8% year-over-year increase, which led to 5% revenue growth for the group.
GGR also rose to 3.52 billion euros, an increase of 2%, while adjusted EBITDA rose by 8% to 665 million euros.
Operating cash flow rose to 544.9 million euros, up from 504 million euros in 2025, while net debt stood at 2.16 billion euros at the end of September.
Lottomatica reaffirmed its outlook for fiscal year 2026 and expects adjusted EBITDA to be at the upper end of its target range of 940 to 980 million euros.
Commenting on the results, Lottomatica CEO Guglielmo Angelozzi highlighted the group’s strong quarterly performance and continued growth in online and sports betting.
“The third quarter of 2026 marks another strong quarter for Lottomatica, with double-digit growth in online and sports betting volumes as well as in normalized adjusted EBITDA (+17% year-over-year on a normalized payout basis),” he said.
“Looking ahead, we remain confident in our growth trajectory, supported by favorable market dynamics, the continued execution of our strategy, and strong cash flow generation.”
