Lottomatica delivered another solid first half, with online gaming once again driving growth. Lottomatica H1 2026 brought higher revenue, earnings and cash flow, while the company also expanded its online market share. Management maintained its full-year outlook.

  • Total bets increased 9% to EUR 23.7 billion. Revenue (not GGR) rose 5% to EUR 1.18 billion and adjusted EBITDA grew 10% to EUR 465.3 million. Operating cash flow improved to EUR 385.5 million.
  • Online remained the strongest business. Online bets climbed 12% to EUR 16.2 billion, while revenue increased 13% to EUR 525.1 million. Online adjusted EBITDA reached EUR 303.9 million, with the margin improving to 57.9%.
  • Retail was more mixed. Sports Franchise revenue fell 1% to EUR 275.4 million and Gaming Franchise revenue declined 2% to EUR 380.0 million.
  • Adjusted net profit reached EUR 196.5 million and net financial debt stood at EUR 2.11 billion. CEO Guglielmo Angelozzi said: “The second quarter of 2026 continues to show our consistency in growth.” The company expects full-year adjusted EBITDA to finish at the top end of its guidance.

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