Lottomatica Group Reports Record Four Billion Euro Revenue Following Dominant Online Market Share Expansion in Italy
Lottomatica reports 8% GGR growth and 31.3% online market share in Italy. Read about the PWO integration and 2026 financial targets in this editorial.
By: AXL Media
Published: Mar 4, 2026, 8:29 AM EST
Source: The information in this article was sourced from iGB

The Surge of Italy’s Premier Gaming Operator
Lottomatica Group has solidified its position at the forefront of the Mediterranean gaming industry with a highly successful 2025 financial performance. The group reported a Gross Gaming Revenue of €4.735 billion, a significant 8% increase over the previous year, driven by a 14% rise in total stakes which reached approximately €44.7 billion. This growth was particularly pronounced in the online betting sector, which remains the company’s primary engine for expansion. By focusing on a digital-first strategy, the group has successfully transitioned its legacy brand strength into the modern era, resulting in a 45% increase in adjusted net profit to €369 million for the full year.
Product Innovation as a Catalyst for Market Gains
During a recent call with financial analysts, CEO Guglielmo Angelozzi identified the group’s proprietary technology pipeline as the fundamental driver of its recent success. The "Lottomatica Core" infrastructure, which encompasses advanced marketing technology and sophisticated risk management tools, has allowed the firm to optimize its digital outreach and customer retention strategies. This focus on internal product development resulted in a 1.2 percentage point increase in online market share, bringing the company’s total Italian footprint to 31.3%. Management emphasized that these technological assets provide a distinct competitive advantage that cannot be easily replicated by competitors relying on third-party platforms.
Integration Success and Strategic Acquisition Synergies
A significant portion of the year’s success can be attributed to the seamless integration of PWO, a firm acquired in May 2024. The merger process was completed ahead of its original schedule and significantly outperformed initial financial projections. Lottomatica reported that the acquisition delivered €87 million in synergies, a figure approximately 34% higher than the guidance provided at the time of the deal. PWO specifically regained its growth momentum toward the end of the year, capturing a 6.3% share of the online market by the fourth quarter. This success demonstrates the group’s ability to identify and absorb high-value targets to bolster its broader ecosystem.
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