Italian online casinos record €320m spending in October
Regulation1 min read
In brief
- Italian online casino spending reportedly reached €320m in October, up 9% year on year.
- Total monthly stakes reportedly exceeded €7.4bn.
- Lottomatica reportedly held 31.4% of the market, ahead of Flutter at 27.3%.
Spending on online casinos in Italy reportedly reached €320m in October, up 9% on the same month a year earlier. The figure is defined as the difference between bets placed and winnings paid. Total monthly stakes reportedly exceeded €7.4bn.
Lottomatica reportedly retained first place among operators with an overall market share of 31.4%. That share includes Bgame and Sportbet, in which Lottomatica is a minority shareholder, and which together account for a 1.3% market share. Flutter, whose brands listed are Sisal, Snaitech, Pokerstars, Tombola and Betfair, followed with 27.3%. 888 and William Hill, both part of Evoke, reached 8.6% together. Entain's brands, Eurobet and Bwin, held 7.2%.
Operators outside the large groups reportedly recorded aggregate revenue of €74m, or 23.2% of the total. That share was more than one point higher than in September.