Lottomatica reportedly said it achieved record online market share and double-digit year-on-year growth in its digital segment. Work has begun on integrating CIRSA ahead of the acquisition’s expected completion in Q2 2027.
The reported trading update gives investors growth claims and an expected CIRSA acquisition completion period.
Quarter ended 30 June 2026
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Lottomatica described a merger with Cirsa as low risk. Angelozzi expressed confidence in Cirsa's management and said earlier deals had failed after Lottomatica sought excessive changes to acquired businesses.
Reportedly, Lottomatica agreed to absorb CIRSA through a cross-border merger paid entirely in shares. The transaction requires approval from both companies’ shareholders and the relevant regulatory authorities.
Reportedly, Lottomatica and Cirsa have agreed to merge. The deal values Cirsa at six times its expected 2026 EBITDA of €800m.
Lottomatica plans to acquire CIRSA through an all-share merger. Lottomatica says the combined business would rank second to Flutter among publicly listed operators by EBITDA.
Morocco, Tunisia and Egypt block offshore betting and treat it as a criminal activity without providing an online licensing route. The report places these restrictions alongside Lottomatica’s absorption of Cirsa’s casinos.