Tag Archives: Italy

Playtech Plc has notified investors that it expects its full-year 2022 EBITDA to reach at least €400m, based on the expected growth of its B2B online gambling unit and Snaitech Italia B2C operations.  The FTSE250 gambling technology group issued an FY-2022, pre-close trading statement in which it announced strong growth and KPIs since its 2022 interim results were announced on …

The board of Lottomatica SPA has confirmed speculation that “it is reviewing all strategic options” with controlling shareholder Apollo Global.  The announcement was attached to Lottomatica’s Q4 and FY2022 consolidated results trading update, which underlined the firm’s improved Italian B2C performance following its divestment from IGT Plc in 2021. Strong close-of-year trading saw Lottomatica achieve Q4 group wagering of €6.7bn, …

Apollo Global is reported to be reviewing options on its Lottomatica investment, which may see the heritage Italian gambling group listed on the Borsa Milan.     Bloomberg and local media report that Apollo eyes a “return to Piazza Affari” for Lottomatica, in which it has called on investment banks to price up a €1bn IPO. A Milan listing would see Apollo …

Stanleybet Group has disclosed that it has paid betting taxes ‘for the first time’ to Italy’s ADM Customs and Monopolies Agency. The heritage pan-European betting group filed an ‘F24 form’ via its Malta subsidiary, required to submit taxes related to its Italian betting shop presence for the period of 1 January to 31 December 2022 – legally by 31 January …

The European Gambling and Betting Association (EGBA) has published its ‘Key Figures 2022 Report’, providing a snapshot on the performance and prevalence of gambling across European jurisdictions.  The macro report, co-authored by H2 Gambling Report, details a return to stabilised trading for Europe’s gambling market, generating combined gross gaming revenues (GGR) of €108,5bn reflecting an “an 8% increase compared to …

Italy’s online gambling marketplace welcomes a new player as DAZN launches its sportsbook service powered by Bet Class Italia SRL. The DAZNBet.it brand made its soft-launch debut at the beginning of December “to test and build-up its Italian sportsbook offering for local audiences”. A key market of DAZN since 2018, the OTT platform has operated its on-demand streaming service, featuring …

Grupo CIRSA has confirmed this week that it will revise its international growth strategy as a result of Spanish home units outperforming their pre-pandemic results.    Strong Q3 trading saw the Blackstone-owned Spanish gambling group achieve corporate revenues of €466m (+40%) as period trading benefited from strong activity registered by its casinos and ‘back-to-business’ recovery of its UNIDESA B2B unit, which …

Lottomatica SPA has agreed to acquire Italian online sportsbook and casino operator Betflag (Betflag.it) – in a move to refresh its online gambling portfolio.  The acquisition was undertaken by Lottomatica subsidiary GBO SPA, which agreed on terms to acquire Betflag outright for a valuation of €310m. The deal represents Lottomatica’s first M&A play since the heritage Italian gambling group was …

Enteractive will support NetBet in delivering a “personalised retention and engagement” strategy across the Italian market after signing a new partnership with the operator. The player engagement campaigns, which will cover NetBet’s sports betting and casino player segments, will aim to increase both retention and loyalty. Andrew Foster, Chief Business Officer at Enteractive, said: “Our Italian teams at Enteractive are …