Lottomatica Group reported revenue of €1.72bn for the first nine months of 2026, up 5% year on year.
Investors can use the reported revenue growth to assess Lottomatica Group’s recent performance.
Quarter ended 30 June 2026
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Lottomatica expects its acquisition of Cirsa to complete in Q2 2027, chairman and chief executive Guglielmo Angelozzi said during the company's Q3 earnings call. The deal was announced at €2.8bn; Lottomatica reported Q3 revenue of €537m, up 5% year on year, and adjusted EBITDA of €200m, up 3%.
Lottomatica has confirmed a Q2 2027 closing date for the Cirsa deal. Chairman and chief executive Guglielmo Angelozzi said on the Q3 earnings call that completion is expected in Q2 2027. The Cirsa acquisition is described as a €2.8bn transaction.
Lottomatica has reported record online market share in Italy. The report says it is preparing for a planned merger with Cirsa.
Intermonte and Banca Akros analysts said proposed measures in Italy’s 2027 budget bill could have a limited overall effect on Lottomatica. Intermonte estimated annual concession-related capital spending of about €90m-€100m in 2027-29, while the bill proposes higher gaming taxes on slot machines and higher maximum stakes and prizes; the measures await parliamentary discussion.
The measures in the 2027 budget bill, which await discussion in Parliament, could have a limited overall impact on Lottomatica's accounts. Analysts at Intermonte and Banca Akros reached this view after examining what the budget law plans for the public gaming sector.
Codere’s investment-fund owners are reportedly considering a sale of the group’s main business units separately, while seeking a buyer for the whole company remains the priority. The report says approaches for individual markets have prompted consideration of the alternative, and any potential Cirsa bid would now depend on Lottomatica following Cirsa’s integration agreement with the Italian group.
The investment funds that own Codere are reportedly studying a sale of the group's main business areas separately. Finding a buyer for the whole group is reportedly still the priority, but approaches for certain markets have opened the way to considering a deal in parts.
Lottomatica and CIRSA signed a plan setting out CIRSA's proposed merger into Lottomatica. The companies confirmed the agreement in a joint statement on 8 October after disclosing the deal in September.