Tag Archives: Milan

Lottomatica Group SPA states that it has achieved all corporate objectives of a transformative 2023, as its business prepares to become Italian gambling’s outright market leader by acquiring SKS365 Group.  Publishing its full-2023 accounts this morning, Lottomatica announced corporate revenues of €1.63bn, up 12% on FY2022 results of €1.49bn. Growth in headline revenues reflects Lottomatica generating consolidated bets (volume) of …

Lottomatica Group has informed investors that it plans to issue €500m in debt notes to fund its agreed acquisition of SKS365 Malta Holdings for €640m. Struck on 2 November, the deal sees Lottomatica become Italian gambling’s largest omnichannel group, in which the company will absorb the 1000+ betting points of PlanetWin365 and 120 arcade venues of PlanetPay365—the flagship brands of …

Lottomatica SPA reports on a transformative 2022, as the Apollo Global-owned Italian gambling group eyes a first-half listing on the Milan Borsa.  An enlarged Lottomatica sees its full-year 2022 revenues stand at €1.39bn, up 72% on FY2021 comparative results of €808m. 2022 saw Lottomatica, the former Italian B2C subsidiary of IGT Plc complete its merger with Gamenet Group to become …

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 …

Workers of Italy’s embattled gambling sector are ‘united to make their voices heard’ to a new government, demanding that businesses be granted clarity on their prolonged COVID-19 suspensions.  Uniting under the banner of ‘Legal Gaming Workers’, staff of Italian licensed gambling firms will hold joint public protests at Milan’s Piazza del Duomo and Rome’s Piazza del Popolo on 18 February. …