Lottomatica Group has reported a 5% year in year jump in net revenue to €1.2bn (£1.0bn) for the first six months of 2026, driven by the performance of online brands in Italy.
Revenue from the digital segment, which includes brands Planetwin365, GoldBet, Better and Betflag, amounted to €525.1m, up 13% year on year.
In terms of online sports betting, GGR for the first six months of 2026 amounted to €1.04bn, a slight decrease on the €1bn recorded in the corresponding period in 2025. Online gaming GGR rose 16% to just shy of €1.8bn.
Despite reporting market share growth in Italy “across all product segments and brands”, management noted the gain was partially offset by “less favourable” sports betting payouts when compared to H1 2025.
Online market share for H1 came to 31.6%, up from 30.5% in H1 2025, prior to Italy launching its revamped regulatory framework in November 2025.
Online sports betting market share increased 0.9 percentage points YoY to 32.7%, while igaming market share climbed 1.1 percentage points YoY to 31.6%.
The company noted that its flagship Planetwin365 brand, which was acquired in 2024, reached a total sports market share of 9.2% during the period, “exceeding pre-migration levels”.
During H1, Lottomatica processed €23.7bn worth of stakes, marking an increase of 9% YoY. The online segment had the most growth in that area, with the €16.1bn in bets laid, up 12% YoY.
After factoring in costs of services of €658.8m, personnel expenses of €91.5m and other costs, pre-tax profit jumped 67% to €181.0m. When subtracting income taxes of €65m, net profit was €116.0m, an increase of 70.1% YoY.
Adjusted EBITDA was €465.3m, up 10% YoY, leaving an adjusted EBITDA margin of 39.4%. Net debt was €2.1bn as of 30 June.
Lottomatica Group chairman and CEO Guglielmo Angelozzi said: “The second quarter of 2026 continues to show our consistency in growth on all key financial and business metrics: adjusted EBITDA growth in every quarter in the last 10 years (except Covid restrictions), continuous and substantial margins increase on the back of a consistently growing online market and market share.
“Thanks to this, we have consistently delivered superior returns to our shareholders and distributed more than 10% of our market capitalisation since June 2025 (including buybacks).
“On the back of this solid quarter, we also reiterate our view to close the full-year 2026 adjusted EBITDA at the top end of the guidance”.
Lottomatica’s share price is down 1% to €24.84 since the Euronext Milan opened this morning.
In March, Lottomatica CFO Laurence Van Lancker confirmed the operator was on the lookout for small-scale M&A opportunities, targeting companies with less than 1% market share.
The post Strong online growth sees Lottomatica’s pre-tax profits grow 67% in H1 first appeared on EGR Intel.
Italian operator reports revenue of €1.2bn for the first six months of the year as market share increases “across all product segments and brands”
The post Strong online growth sees Lottomatica’s pre-tax profits grow 67% in H1 first appeared on EGR Intel.