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Lottomatica Group S.P.A. ( (IT:LTMC) ) has provided an update.
Lottomatica Group reported a solid first quarter of 2026, with total bets rising 11% year-on-year to €12.4 billion and gross gaming revenue up 2% to €1.25 billion. The company strengthened its position in Italy’s online market, lifting total online market share to 31.8% and recording double-digit growth in online bets and iGaming.
Revenues grew 3% to €602 million, while adjusted EBITDA increased 7% to €236 million, or 22% on a normalised payout basis, and adjusted net profit rose 12% to €106 million. Lottomatica also refinanced €400 million of floating rate notes with a new €765 million bond due 2032, cutting its average cost of debt to 4.9%, confirmed a €0.44 per share dividend, expanded its buyback authorization, and signalled that 2026 adjusted EBITDA should come in at the top end of guidance, underpinning substantial planned shareholder returns through 2027.
The most recent analyst rating on (IT:LTMC) stock is a Buy with a EUR32.00 price target. To see the full list of analyst forecasts on Lottomatica Group S.P.A. stock, see the IT:LTMC Stock Forecast page.
More about Lottomatica Group S.P.A.
Lottomatica Group S.p.A. is an Italian gaming and betting operator active in online betting, sports franchise and gaming franchise segments. The group focuses on online sports betting and iGaming, where it holds leading market shares in Italy, and also manages a nationwide retail network for sports and gaming concessions.
Average Trading Volume: 1,061,703
Technical Sentiment Signal: Buy
Current Market Cap: €6.21B
For a thorough assessment of LTMC stock, go to TipRanks’ Stock Analysis page.