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ADM tender leaves IGT and Sisal competing for Italy’s Lotto concession

Tenders & awards

Italy’s Customs and Monopolies Agency received bids from IGT and Flutter subsidiary Sisal for the Lotto concession, reportedly after the 17 March deadline passed without further submissions. The successful bidder would manage the games for nine years, with a starting price of €1bn and a possible increase to €1.5bn. The agency will appoint a commission to assess the proposals before opening the financial offers.

The outcome will determine which operator manages Italy’s Lotto games and the value of a nine-year concession.

End-of-day close Flutter (FLUT), USD, to 2 May 2025
Story date3 February 20252 May 2025

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

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