Lottomatica has delivered an outstanding financial performance in 2024, surpassing initial projections and reinforcing its dominance in Italy’s gambling market. The company reported total revenue of €2.04 billion, a 23% increase from €1.65 billion in 2023, driven by strong growth across its digital and retail sectors.
The online gambling segment saw a remarkable 50% rise in Gross Gaming Revenue (GGR), reaching €780 million. This surge is largely attributed to the acquisition of SKS365 Group in April 2024, integrating the popular Planetwin365 brand into its portfolio. The move significantly expanded Lottomatica’s digital presence, making it a key player in Italy’s regulated online betting industry.
In retail, the sports franchise sector generated €460 million, marking a 22% year-on-year growth, while the gaming franchise sector contributed €763 million, a 3% increase from the previous year. These figures highlight the continued strength of Lottomatica’s land-based operations despite the industry's digital transition.
The company’s adjusted EBITDA reached €739 million, exceeding expectations and reflecting a 24% increase from 2023. Looking ahead, Lottomatica has set ambitious goals for 2025, targeting revenues between €2.32 billion and €2.37 billion and an adjusted EBITDA of up to €870 million. Additionally, the company announced a €0.30 dividend per share and a share buyback plan of up to 10% of its capital.
With a focus on technological innovation and omnichannel expansion, Lottomatica aims to further consolidate its market leadership in the coming years.
