Lottomatica, a powerhouse in the gaming industry, has recently unveiled its strong financial performance for the fiscal year 2023, showcasing an impressive display of strength across various fronts. With soaring numbers in gross gaming revenue (GGR) and adjusted EBITDA, coupled with strategic acquisition, Lottomatica’s performance paints a picture of resilience and strategic foresight.

Lottomatica’s Strong Performance in 2023

Lottomatica’s Strong 2023 Performance

In 2023, Lottomatica recorded a remarkable €3.9 billion in Gross Gaming Revenue (GGR), marking a substantial 6% surge compared to the previous year. This feat highlights the company’s robust performance amidst a competitive landscape, solidifying its position as a frontrunner in the gaming sector.

Financial Resilience and Growth

Beyond impressive revenue figures, Lottomatica demonstrated financial resilience with an adjusted EBITDA of €595.7 million. This figure not only underscores the company’s profitability but also signals promising growth potential, setting a solid foundation for future endeavors.

Gaming Franchises Segment

Contributing €743.5 million to Lottomatica’s revenue in 2023, gaming franchises remain a cornerstone of the company’s revenue stream. Despite a modest 2% year-on-year growth, this segment showcases stability and resilience in an ever-evolving market.

Surge in Online Revenue

Witnessing a staggering 33% increase from the previous year, online revenue reached €520.8 million in 2023. This surge highlights Lottomatica’s successful adaptation to changing consumer preferences, emphasizing the growing importance of digital channels in its revenue mix.

Sports Franchise Revenue

With €368.2 million in revenue for 2023, the sports franchise segment recorded an 8% increase from the previous year. While relatively smaller in contribution, this segment’s consistent growth underscores Lottomatica’s diversified revenue strategy.

Future Projections

Looking ahead, Lottomatica anticipates revenues between €1.8 billion and €1.85 billion for full-year 2024, with an estimated adjusted EBITDA ranging from €625 million to €645 million. These projections reflect the company’s confidence in sustaining its growth trajectory and capitalizing on emerging opportunities.

Strategic Acquisitions

A pivotal development in 2023 was Lottomatica’s acquisition of SKS365 for €639 million. This strategic move aligns seamlessly with Lottomatica’s growth strategy, providing access to new customer segments and revenue streams, thereby enhancing its competitive edge in the market.

FAQs- Your Guide to Lottomatica’s 2023 Financial Results

1. What were Lottomatica’s total earnings in 2023?

Lottomatica reported earnings totaling €3.9 billion in Gross Gaming Revenue (GGR) for 2023, reflecting a 6% increase from the previous year.

2. How did Lottomatica’s online revenue perform in 2023?

Online revenue saw substantial growth, reaching €520.8 million, marking an impressive 33% increase from the previous year, highlighting the growing significance of digital channels.

3. What is Lottomatica’s future revenue projection for 2024?

Lottomatica anticipates revenues between €1.8 billion and €1.85 billion for full-year 2024, with an estimated adjusted EBITDA ranging from €625 million to €645 million, demonstrating confidence in sustaining its growth trajectory.

4. What strategic acquisition did Lottomatica make in 2023?

In 2023, Lottomatica acquired SKS365 for €639 million, signaling its commitment to strategic expansion and enhancing its competitive position in the market.

5. What factors contributed to Lottomatica’s revenue growth?

Lottomatica’s revenue growth can be attributed to a combination of factors, including organic expansion, strategic acquisitions, and a strong performance across its gaming franchises and online platforms.

6. How does the acquisition of SKS365 align with Lottomatica’s growth strategy?

The acquisition of SKS365 aligns with Lottomatica’s growth strategy by enhancing its market position, unlocking synergies, and diversifying revenue streams through new partnerships and market opportunities.

7. What are the key segments contributing to Lottomatica’s revenue?

Lottomatica’s revenue is primarily driven by gaming franchises, online platforms, and sports franchises, each contributing to the company’s overall financial performance.

8. How does Lottomatica plan to utilize the synergies from the SKS365 acquisition?

Lottomatica intends to capitalize on synergies from the SKS365 acquisition by implementing cost-saving measures, leveraging shared resources, and maximizing revenue opportunities across its expanded portfolio.

9. What are the potential challenges Lottomatica might face in achieving its 2024 revenue guidance?

Potential challenges for Lottomatica may include regulatory changes, competitive pressures, and market dynamics affecting consumer behavior and spending habits.


Lottomatica’s strong performance in 2023, characterized by impressive revenue growth and strategic acquisitions, underscores its resilience and market leadership. With a solid financial foundation and a clear growth strategy, Lottomatica is primed to capitalize on emerging opportunities and deliver substantial value to its stakeholders.

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