(AsiaGameHub) – Lottomatica recorded a 3% year-on-year rise in Q1 2026 revenue, with robust online performance helping to counterbalance weaker results in sports betting and stagnant outcomes in gaming.
In other areas of the business, performance was less favorable. Gaming revenue remained unchanged at €195.1 million, while betting volume declined by 1%.
Sports betting revenue fell 5% due to less advantageous payout terms, amounting to €142.4 million; however, turnover still grew by 12% compared to the same period last year to reach €1.18 billion.
With operating costs remaining stable and revenues increasing, pre-tax profit surged 30% to €101.2 million.
Net profit after deducting €31.8 million in taxes stood at €69.3 million, marking a 35% increase over the previous year. After accounting for non-controlling interests, net profit attributable to shareholders was €66.5 million, up 32% from Q1 2025.
Adjusted EBITDA for the quarter rose 7% to €235.5 million, primarily driven by ongoing expansion in the online business. Given this strong start to the year, Lottomatica now expects full-year 2023 adjusted EBITDA to be towards the upper end of its previously communicated range of €940 million to €980 million.
Lottomatica Chairman and CEO Guglielmo Angelozzi commented:
In Q1, we maintained solid momentum across our addressable markets, supporting double-digit year-on-year growth in adjusted EBITDA of +22%, on a normalised basis.
Additionally, the company unveiled a new share buyback initiative targeting 12.5% of its common shares, with a maximum investment of €1 billion planned between 2026 and 2027 for shareholder value.
This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content.
AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.