Tag: momentum
Online momentum powers Lottomatica to steady Q1 growth despite low hold hampering betting segment
Lottomatica's betting segment was hindered by unfavourable sports results during Q1, with revenue down despite a significant increase in sports bets received. Continued momentum in Lottomatica’s online business led the company to slight increases in GGR during Q1, despite low hold causing a year-on-year revenue decline in its betting segment. On Wednesday Lottomatica announced its
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