Market PositionLottomatica is emerging as the leader, supported by strong structural tailwinds, including an 11% online market CAGR in Italy and accelerating industry consolidation.
Revenue GrowthLottomatica delivered a solid performance, with reported revenue up 34% YOY, driven by the online segment as the main growth engine.
ValuationLottomatica remains an attractive investment, trading at 7.4x 2025 EBITDA vs. c.8.1x for peers, offering a compelling growth story at an attractive valuation.