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Pedrizzi warns Italy gambling reform could increase market concentration

Regulation

Former senator Riccardo Pedrizzi warned that Italy’s gambling reform could deepen market concentration, as the government prepares to discuss a framework for land-based gambling with local authorities on 10 April. He said Lottomatica and Flutter Entertainment’s Italian businesses, Sisal and Snaitech, form two major groups, and argued that concession limits near 25% may already be exceeded.

Potential changes to concession concentration limits could affect competition among gambling operators in Italy.

End-of-day close Lottomatica (LTMC), EUR, to 22 May 2026
Story date23 February 202622 May 2026

Latest reported results

Lottomatica Euronext Milan: LTMC

Quarter ended 30 September 2026

Revenue
EUR 526.4m

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

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