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Online betting reaches €1.37bn in February turnover as spend falls 40.6%

Regulation

Italy’s online betting market recorded €1.37bn in turnover in February 2026, while spend fell 40.6% year on year to €113.6m, according to industry data. Lottomatica held 32.5% of spend; Snaitech’s share rose from 9.73% to 11.19%, while Eurobet’s increased from 9.88% to 10.39%.

The contrasting turnover and spend figures provide operators with a snapshot of Italy’s online betting market in February.

End-of-day close Lottomatica (LTMC), EUR, to 23 April 2026
Story date23 January 202623 April 2026

Latest reported results

Lottomatica Euronext Milan: LTMC

Quarter ended 30 September 2026

Revenue
EUR 526.4m

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