Lottomatica Group has reported robust financial results for the first half of 2024. The company’s latest figures indicate significant growth and an expanded market share, reinforcing their position as a leader in the casino-games industry.
Key financial highlights
The group’s strong performance is attributed to strategic initiatives and innovative offerings that have resonated well with their customer base. Lottomatica’s commitment to excellence continues to drive impressive outcomes.
Total bets surge to €18bn, revenue climbs 20%
The casino industry has witnessed a significant uptick with total bets reaching €18.0bn, marking a 23% increase year-on-year. Revenue also saw an impressive rise, escalating to €931.8m, reflecting a 20% growth.
This surge signifies a robust expansion in the market, captivating both new and seasoned players. As the industry continues to evolve, these figures highlight the dynamic and lucrative nature of casino games worldwide.
Online segment revenue saw an impressive increase of 37%, while the sports franchise experienced a modest growth of 4% and the gaming franchise grew by 3%. The company’s adjusted EBITDA stands at €317.3 million.
Revenue breakdown
| Segment | Revenue Growth |
|---|---|
| Online | 37% |
| Sports Franchise | 4% |
| Gaming Franchise | 3% |
The company continues to show strong performance across its segments, signaling steady upward momentum.
In Q2 2024, the casino gaming market share hit unprecedented levels. The period also saw significant financial shifts, with net financial debt reaching €1.9 billion.
Market share reaches new highs
The second quarter of 2024 marked remarkable gains in market share for the casino gaming industry, reinforcing its robust growth trajectory.
Net financial debt details
Simultaneously, net financial debt stood at €1.9 billion by the end of June 2024, reflecting the complex financial landscape facing the industry.
