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Industry
January 25, 2023
Lottomatica Mulls on IPO to Support Strong Q4 and FY22 Growth
Italian betting and gaming operator Lottomatica confirmed rumors that it was considering an initial public offering among its options going forward but did not provide any further details on its plans. Considering Going Public Lottomatica announced that its board, together with the company’s controlling shareholder, Apollo Global Management, “is currently contemplating potential strategic alternatives to […]
Business
January 13, 2023
Lottomatica Considers Going Public, Sources Claim
Lottomatica, an Italian sports betting and casino operator, is allegedly considering a Milan initial public offering. As reported by Bloomberg, anonymous sources claim that the company’s IPO may raise as much as $1 billion. Lottomatica May Earn $1B Through Its IPO According to the reports, Lottomatica’s IPO may become a reality in 2023. Going public […]
Business
November 28, 2022
Lottomatica Posts Interim Results for the Period Ended September 30
Lottomatica, the biggest Italian gambling operator, has posted a spectacular year-to-date revenue for the period ended September 30, 2022. During the first nine months of the year, the company earned over $1 billion, according to an interim trading report. Report Outlines the Company’s Performance in the Period Ended September 30 Lottomatica has surpassed the milestone […]
Industry
November 9, 2022
Playtech and Lottomatica Ink iPoker Deal in Italy
London Stock Exchange-listed gambling technology and financial trading company Playtech has sealed a new partnership deal with Lottomatica, the largest Italian group in the public gaming sector and also one of the most important players on the Europen continent. According to the terms of the deal, the latter will join Playtech’s iPoker network in Italy. […]
Business
October 13, 2022
Nuvei and Lottomatica Sign Exclusive Payment Deal
Leading group and operator in the gaming market authorized by the Customs and Monopoly Agency in Italy, Lottomatica has joined hands with the innovative payment platform Nuvei. The two have agreed on an exclusive partnership that would turn Nuvei into Lottomatica’s unique payment partner. In return, the former would use its expertise in iGaming payments […]
Casino
October 5, 2022
Lottomatica Introduces Play’n GO Hits to Players in Italy
Play’n GO has expanded its footprint in the Italian iGaming market by teaming up with Lottomatica, a respected local powerhouse that offers online casino titles, lottery, and sports betting options in the country. Lottomatica Receives Content Boost by Play’n GO As a result, players in the country will be able to access a variety of […]
Business
August 1, 2022
Lottomatica Group Reaches Sixfold EBITDA and Quadruple Revenue Growth
Lottomatica Group is a relatively fresh entity on the Italian market. The group was born when multinational slot manufacturer International Game Technology decided to sell its Lottomatica-branded Business-to-Consumer operations to Gamesnet Group. The latter adopted the Lottomatica brand itself and later on created the enlarged Lottomatica Group with a merger between GoldBet Italia and Lotomattica […]
Business
April 7, 2022
Elys Strikes Partnership with Lottomatica as It Pursues NA, European Growth
Elys Game Technology has signed a new partnership with Lottomatica and will now provide the lottery operator with a range of customizable gaming software. The company stands to benefit from Lottomatica licensing rights which will allow both parties to benefit and expand their reach in their respective fields. Elys Ready to Deliver on a […]
Business
December 7, 2020
Apollo Signs $1.15 Billion Deal to Acquire IGT’s B2C Lottomatica Businesses
IGT announced on December 6 it will sell its B2C Lottomatica businesses to Apollo Global Management’s investment subsidiary for $1.15 billion. IGT Board Unanimously Approves Billion-Dollar Deal Multinational gaming provider International Game Technology (IGT) announced yesterday it has agreed to sell its Italian B2C Lottomatica businesses to Apollo Global Management’s finance subsidiary Gamenet Group for […]
Legal
October 30, 2020
IGT Suspends 4 Lottomatica Employees Involved in €24 Million Fraud
The Special Currency Police Unit of Italy’s law enforcement agency Guardia di Finanza has arrested 12 individuals connected to lottery fraud. Current and former employees of Lottomatica Holdings, a subsidiary of International Game Technology (IGT), and their families allegedly devised to collect jackpots via scratch-off tickets. Suspects Allegedly Collected €24 Million in Four Years Four […]