Lottomatica reported group revenue of €1.72bn for the nine months ended 30 September 2026, a five per cent increase, with the Italian operator’s online division providing the bulk of the growth. Online revenue rose 13 per cent to €780.8m over the period, according to the results reported by G3 Newswire.
The contrast with the group’s retail-led operations was stark. Revenue from the Sports Franchise business declined one per cent to €376.7m, which the company attributed to a less favourable sports betting payout than in the corresponding period a year earlier. Continued online growth offset that softer retail betting performance across the nine months.
At €780.8m, the online business accounted for approximately 45 per cent of total group revenue for the period — a channel split that underlines how far digital has moved to the centre of Lottomatica’s model in a maturing Italian market, where online expansion is increasingly carrying groups whose heritage lies in betting shops and gaming halls.
The third quarter followed the same pattern. Group revenue rose five per cent to €537m in the three months, including online revenue of €256m, also up 13 per cent. Adjusted EBITDA for the quarter increased three per cent to €200m, a slower rate of growth than the top line.
Lottomatica maintained its full-year guidance alongside the results and said it expects adjusted EBITDA towards the upper end of its €940m–€980m range.
The update came with corporate activity still in train. A CIRSA shareholder meeting is scheduled for 30 November to consider the proposed combination with Lottomatica, a transaction that would reshape the scale and geographic footprint of the enlarged group if approved.
For operators, suppliers and investors tracking the Italian market, the nine-month figures reinforce a now-familiar dynamic: double-digit online growth running well ahead of a flat-to-declining retail betting channel, with sportsbook margin variance capable of swinging reported revenue in either direction from quarter to quarter. With adjusted EBITDA growth in the third quarter trailing revenue growth, the mix shift towards online is being watched as closely for its margin implications as for its headline contribution.
This article was produced with AI assistance and reviewed under the GamblingZine editorial verification process.
Sources
- Lottomatica online growth lifts nine-month revenue to €1.72bn — Independent reporting (published 2026-11-04)
Reporting verified against the sources above; retrieval timestamps are preserved in the editorial record.