Lottomatica Announces Robust Growth in H1 2026 Financial Results
Strong Performance Highlighted in Lottomatica’s First Half of 2026
Italian gambling leader Lottomatica Group has revealed its financial outcomes for the first half of 2026, showing significant advancement across various key indicators. Company executives emphasized the steady and reliable growth demonstrated in these results.
Key Financial Metrics Demonstrate Positive Trends
During this period, Lottomatica reported a total betting volume of EUR 24 billion (approximately $27.3 billion), reflecting a 9% increase compared to the same timeframe last year. This surge was primarily fueled by a 12% rise in online wagers.
Lottomatica’s gross gaming revenue reached EUR 2.4 billion (around $2.73 billion), marking a 2% year-over-year gain. Correspondingly, the company held an online market share of 31.6%, an iSports market share of 31.8%, and an iGaming market share of 31.6% for the second quarter.
The firm’s total revenues for H1 were about EUR 1.2 billion ($1.36 billion), up 5% year-on-year. Online revenue specifically rose by 12%, totaling EUR 525 million ($597.1 million). In contrast, revenue from the sports franchise stood at EUR 275 million ($312.8 million), a slight 1% decline, while the gaming franchise saw a 2% decrease to EUR 380 million ($432.2 million).
Examining Q2 figures alone, online segment revenues increased by 17% to EUR 260 million ($295.7 million). The sports franchise saw a modest 3% rise to EUR 133 million ($151.3 million), whereas the gaming franchise experienced a 3% drop to EUR 185 million ($210.4 million).
Lottomatica’s adjusted EBITDA for the first half was EUR 465 million ($528.8 million), a 10% improvement over the previous year. Operating cash flow tallied EUR 385 million ($437.8 million) with an adjusted net profit of EUR 196 million ($222.9 million). The company’s net financial debt at the end of the period stood at EUR 2.1 billion ($2.39 billion).
Leadership Expresses Satisfaction with Ongoing Growth
CEO and Chair Guglielmo Angelozzi shared his thoughts on the results, highlighting the impressive second-quarter performance as a testament to the company’s enduring growth across key financial and business metrics. Angelozzi remarked that adjusted EBITDA has consistently grown each quarter over the past decade, with the exception of the pandemic period.
He further noted, “This consistent growth has enabled us to deliver strong returns to our shareholders, distributing over 10% of our market capitalization since mid-2025, inclusive of share buybacks. Based on the solid Q2 performance, we reaffirm our expectation to close fiscal year 2026 with adjusted EBITDA at the higher end of our forecast.”
Outlook and Guidance Maintained
Lottomatica concluded its report by restating its fiscal year guidance, expressing confidence in meeting the top range of its adjusted EBITDA projections.
