{"id":906558,"date":"2026-05-17T10:23:30","date_gmt":"2026-05-17T15:23:30","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/17\/online-momentum-powers-lottomatica-to-steady-q1-growth-despite-low-hold-hampering-betting-segment\/"},"modified":"2026-05-17T10:23:30","modified_gmt":"2026-05-17T15:23:30","slug":"online-momentum-powers-lottomatica-to-steady-q1-growth-despite-low-hold-hampering-betting-segment","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/17\/online-momentum-powers-lottomatica-to-steady-q1-growth-despite-low-hold-hampering-betting-segment\/","title":{"rendered":"Online momentum powers Lottomatica to steady Q1 growth despite low hold hampering betting segment"},"content":{"rendered":"

Lottomatica’s betting segment was hindered by unfavourable sports results during Q1, with revenue down despite a significant increase in sports bets received.<\/strong><\/p>\n

\n

Continued momentum in Lottomatica\u2019s 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.<\/p>\n

On Wednesday Lottomatica announced its Q1 earnings<\/a> for the three-month period ending 31 March, displaying year-on-year GGR growth of 2% to \u20ac1.25 million.<\/p>\n

Revenue edged up 3% to \u20ac602 million, while adjusted EBITDA reached \u20ac236 million for the quarter, a 7% rise.<\/p>\n

Lottomatica\u2019s Q1 revenue and EBITDA growth was powered by double-digit growth from its online segment, which posted revenue of \u20ac264.7 million, a 10% increase.<\/p>\n

Lottomatica\u2019s online growth helped to offset flat performance from its gaming segment and a 5% decline in revenue from sports betting.<\/p>\n

Sports betting revenue fell to \u20ac142.4 million from the \u20ac150.4 million generated in the same quarter last year.<\/p>\n

This was despite total betting volume increasing 11% to \u20ac12.4 million during Q1, as Lottomatica suffered from unfavourable sports payouts compared to Q1 2025.<\/p>\n

Lottomatica chairman and CEO Guglielmo Angelozzi noted the company\u2019s strong momentum across its addressable markets, revealing the business expected to reach the upper end of its FY2026 guidance of an adjusted EBITDA between \u20ac940 million and \u20ac980 million.<\/p>\n

The company also expects to return up to \u20ac1 billion to its shareholders in 2026 and 2027.<\/p>\n

Lottomatica\u2019s share of the Italian online market in Q1 stood at 31.8%, up 1.4% from Q1 2025.<\/p>\n

It achieved a 0.7% iSports market share gain to 32.5%, as well as a 1.9% increase in its iGaming share to 32.2%.<\/p>\n

Lottomatica highlighted the \u201cgood progression\u201d made by its PlanetWin365 (PWO) brand, which was rebranded after the \u20ac639 million acquisition of SKS365<\/a> in April 2024.<\/p>\n

PWO\u2019s total sports market share has recovered to 9%, the same level as before PWO\u2019s migration onto Lottomatica\u2019s proprietary platform. Its iGaming market share was 5.5% in Q1, recovering half of the market share lost during the migration.<\/p>\n

No concerns from Lottomatica over prediction markets<\/strong><\/h2>\n

\u00a0After booming in the US, prediction markets are now causing waves across the Atlantic, with several regulators taking steps to block them.<\/p>\n

France\u2019s regulator, l\u2019Autorit\u00e9 Nationale des Jeux, blocked the prominent operator Polymarket in 2024, and warned prediction markets were considered illegal<\/a> earlier this year.<\/p>\n

Polymarket has also been blocked in other European jurisdictions such as Germany and Belgium, as well as Italy in October 2025.<\/p>\n

Lottomatica described prediction markets as a \u201cnon-issue\u201d<\/a>, citing their illegality in Italy and its belief that there isn\u2019t the demand for the single and pre-match bets that prediction markets base their sports offerings on.<\/p>\n

During the post-Q1 investor call<\/a> Angelozzi added: \u201cThe product\/consumer mismatch continues to be strong. We don\u2019t believe there is any market space [for prediction markets].\u201d<\/p>\n

<\/p>\n

\"Kyle<\/p>\n

<\/a><\/p>\n

\n

Kyle Goldsmith<\/a><\/h3>\n

Kyle has been with Clarion since December 2023, joining from the world of sports journalism, subsequently becoming a LatAm-facing senior reporter with iGB.<\/p>\n<\/div>\n<\/div><\/div>\n

Kyle Goldsmith
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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\u2019s 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<\/p>\n","protected":false},"author":1,"featured_media":906559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1426,1538],"tags":[7365,5667],"class_list":{"0":"post-906558","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-momentum","8":"category-online","9":"tag-momentum","10":"tag-online"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/906558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=906558"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/906558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/906559"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=906558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=906558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=906558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}