Italian gaming giant Lottomatica has reported a robust Q1 for 2026, characterized by a 10% surge in online revenue.
This strong performance in the digital sector propelled the Lottomatica’s overall revenue to €602.3 million, a 3% increase from the €585.7 million recorded in the Q1 of 2025.
Market Share Gains and EBITDA Growth
The operator attributed the online revenue spike, from €239.8 million to €264.7 million, to organic market growth and a significant increase in market share. Lottomatica’s total market share climbed 1.4 percentage points year-on-year to reach 31.8%. Notably, the iGaming segment showed the most aggressive growth, with its market share rising 1.9 percentage points to 32.2%.
Guglielmo Angelozzi, Chairman and CEO of Lottomatica Group, shared a highly positive outlook:
“In the first quarter of 2026 we continued to see strong momentum of our addressable markets, supporting a double-digit growth year-on-year in adjusted EBITDA of 22 per cent, on a normalised basis. With a positive outlook for FY 2026, we expect to close the FY 2026 adjusted EBITDA at the top end of the guidance and to return up to €1bn to shareholders in 2026 and 2027, starting this week with the launch of the newly approved buyback programme.”
Resilience Amid Challenges
While the digital side thrived, Lottomatica noted that online revenue was partially offset by a “less favorable” sports betting landscape. Revenue from the Sports Franchise fell by 5% due to “customer-friendly” betting results. However, total bets for the group still rose 11% to €12 billion, with adjusted net profit climbing 12% to €106 million.
The company also confirmed that it has successfully recovered from a recent technical migration, with sports market share returning to its pre-migration level of 9%.
