Benin National Lottery reports 72% rise in nine-month net profit
Deals & M&A1 min read
Benin’s National Lottery reported net profit of CFA1.778 billion for the first nine months of 2026, up 72% year on year. Revenue increased 7.5% to CFA77.95 billion, while gross gaming revenue fell 9.7% to CFA13.945 billion as player winnings rose 12.2%; online betting sales grew 36.3%.
Benin’s National Lottery (LNB) increased net profit by 72% to CFA1.778 billion in the first nine months of 2026, according to its activity report. LNB made CFA77.95 billion in the first nine months of 2026, 7.5% more than in the same period in 2025.
During the nine months, online betting sales grew 36.3% and represented 48.4% of LNB’s overall revenue. Online gambling contributed 9.6% of overall GGR. A 22.3% fall in actual Loto 5/90 sales led to a CFA1.846 billion decrease in the game’s GGR. Other products’ growth, especially that of online Loto 5/90, compensated for some of the decline.
LNB cut other net operating expenditure by 16.5%, to CFA11.724 billion from CFA14.047 billion. That reduction mostly drove a 58.5% rise in operational profit to CFA2.221 billion. The lottery operator also reported profit of CFA218 million, 38.9% less than the previous year. LNB attributed the drop to not renewing several financial investments that matured in 2025.
LNB plans to widen its sales network in high-potential regions during the last quarter of 2026, while attracting new competitors through digital channels and monitoring operating costs.