Italian authorities froze more than $28 million in assets belonging to former lottery employees accused of involvement in an alleged $27 million scam, according to the feed snippet. The snippet says the group allegedly used privileged computer access to identify where winning tickets would be sold.
The asset freeze concerns alleged abuse of privileged access within the lottery system.
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Italian prosecutors allege that five former Lottomatica employees used their system access to identify winning lottery tickets and arrange their purchase. Authorities seized assets, including €25 million, while a court considers whether to uphold preventive measures; the allegations remain unproven.
The TAR Emilia-Romagna, Parma section, rejected an appeal by a bar in Reggio Emilia and upheld penalties of €9,000 for each of five AWP machines, €45,000 in total, plus seals on the devices. The court ruled in judgment 479 published on 20 October 2026 that replacing the machines with new ones at a venue within 500 metres of sensitive locations amounted to a prohibited new installation.
The TAR Emilia-Romagna, Parma section, rejected an appeal by a bar in Reggio Emilia and upheld penalties of €9,000 for each of five AWP machines, €45,000 in total, together with seals placed on the devices to stop game collection. The court ruled in judgment 479, published on 20 October 2026, that replacing the machines with new ones at a venue within 500 metres of sensitive locations amounted to a prohibited new installation.
Cirsa reported third-quarter 2026 operating profit of €195 million, up 6.8% year on year, and revenue of €628 million, up 12%. It said profit would have been €203 million excluding costs linked to its proposed merger with Lottomatica, and expected to finish the year at the upper end of its previously communicated guidance. Cirsa called an extraordinary shareholders’ meeting for 30 November to advance the proposed merger.
Cirsa reported operating profit of €195m in the third quarter of 2026, up 6.8% on the same period last year. Revenue rose 12% to €628m ($705m). The Spanish gaming group said operating profit would have been €203m, up 11.1% year on year, excluding costs linked to its proposed merger with Italian operator Lottomatica.
Cirsa reported net operating revenue of €628m for the third quarter of 2026, up 12% year on year. Adjusted EBITDA rose 11.1% and quarterly net profit increased 48.1%, while shareholders are due to vote on the proposed merger with Lottomatica on 30 November.
Cirsa reported net operating revenue of €628m for the third quarter of 2026, up 12% year on year. The company also recorded an 11.1% rise in adjusted EBITDA. Quarterly net profit rose 48.1%. Cirsa is continuing its merger process with Lottomatica, and shareholders are due to vote on approving it on 30 November.
CIRSA reported nine-month revenue of €1.89bn, up 10%, and adjusted EBITDA of €599.3m, up 9.3%, in its trading update. The company said it remained on track for its 2026 guidance; shareholders are due to vote on its proposed combination with Lottomatica on 30 November, subject to regulatory and shareholder approvals.
Net operating revenue for the nine months grew 10% to €1.89bn, and adjusted EBITDA climbed 9.3% to €599.3m. On 30 November, an extraordinary general meeting will see CIRSA investors vote on the planned merger with Lottomatica.